Guinea: Savings, percent of GDP

The latest value from 2024 is 9.59 percent, an increase from 9.29 percent in 2023. In comparison, the world average is 22.67 percent, based on data from 143 countries. Historically, the average for Guinea from 1986 to 2024 is 23.78 percent. The minimum value, -7.78 percent, was reached in 2013 while the maximum of 47.58 percent was recorded in 1993. See the global rankings for that indicator or use the country comparator to compare trends over time.

The savings in Guinea and other countries is calculated as the difference between income and consumption, expressed as percent of GDP.

Definition: Gross savings are calculated as gross national income less total consumption, plus net transfers.