Guinea: External debt

* indicates monthly or quarterly data series
 Guinea

External debt, percent of GDP

 Latest value 23.38
 Year 2023
 Measure percent
 Data availability 1990 - 2023
 Average 49.05
 Min - Max 18.12 - 78.63
 Source The World Bank
 Available for Data download
The latest value from 2023 is 23.38 percent, a decline from 25.03 percent in 2022. In comparison, the world average is 114.96 percent, based on data from 167 countries. Historically, the average for Guinea from 1990 to 2023 is 49.05 percent. The minimum value, 18.12 percent, was reached in 2012 while the maximum of 78.63 percent was recorded in 2002. See the global rankings for that indicator or use the country comparator to compare trends over time.
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 Recent values Guinea: External debt
 2023 23.38
 2022 25.03
 2021 28.44
 2020 29.22
 2019 26.33
 2018 21.85
 2017 23.15
 2016 25.77




Definition: The total debt of public and private borrowers held by non-residents as percent of GDP. Source: Kose, M. Ayhan, Sergio Kurlat, Franziska Ohnsorge, and Naotaka Sugawara. 2022. "A Cross-Country Database of Fiscal Space." Journal of International Money and Finance 128 (November): 102682.

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 Related indicators Latest Reference Measure
 Terms of trade 132.00 2024 percent
 Trade openness 103.68 2025 percent
 Financial openness -1.935 2022 index points
 Exports, percent of GDP 41.41 2025 percent
 Exports, billion dollars 11.74 2025 billion U.S. dollars
 Growth of exports 8.20 2025 percent
 Imports, percent of GDP 62.27 2025 percent
 Imports, billion dollars 17.65 2025 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 5.61 2024 percent
 Foreign Direct Investment, billion dollars 7.76 2025 billion U.S. dollars
 Portfolio investment inflows, equities 9.58 2024 million dollars (current)
 Current account, percent of GDP -1.57 2024 percent
 Current account, in dollars -0.39 2024 billion U.S. dollars
 Trade balance, percent of GDP -20.85 2025 percent
 Trade balance, in dollars 1.49 2024 billion U.S. dollars
 Reserves 1.35 2024 billion U.S. dollars
 Remittances, percent of GDP 2.46 2024 percent
 Remittances 616.42 2024 million U.S. dollars
 Net errors and omissions -0.78 2024 million USD
 External debt 23.38 2023 percent
 Short-term external debt 5.76 2023 percent
 Short-term debt to reserves 15.77 2023 percent
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