Guinea: Savings, percent of GDP

* indicates monthly or quarterly data series
 Guinea

Savings as percent of GDP

 Latest value 2.25
 Year 2022
 Measure percent
 Data availability 1986 - 2022
 Average 9.30
 Min - Max -7.78 - 23.57
 Source The World Bank
For that indicator, we provide data for Guinea from 1986 to 2022. The average value for Guinea during that period was 9.3 percent with a minimum of -7.78 percent in 2013 and a maximum of 23.57 percent in 1993. The latest value from 2022 is 2.25 percent. For comparison, the world average in 2022 based on 123 countries is 24.61 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series


Recent values chart
Guinea - Savings, percent of GDP - Recent values chart

Historical chart
Guinea - Savings, percent of GDP - historical chart - 1986-2022




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.


 Related indicators Latest value Reference Measure
 Share of industry 28.84 2022 percent
 Share of manufacturing 11.44 2022 percent
 Share of services 35.29 2022 percent
 Industry value added 6.06 2022 billion U.S. dollars
 Manufacturing value added 2.40 2022 billion U.S. dollars
 Services value added 7.41 2022 billion U.S. dollars
 Savings, percent of GDP 2.25 2022 percent
 Savings, in dollars 0.47 2022 billion U.S. dollars
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