Guinea: Small firms with bank credit

* indicates monthly or quarterly data series
 Guinea

Small firms with bank credit, percent of all small firms

 Latest value 2.50
 Year 2016
 Measure percent
 Data availability 2006 - 2016
 Average 2.50
 Min - Max 2.50 - 2.50
 Source The World Bank
For that indicator, we provide data for Guinea from 2006 to 2016. The average value for Guinea during that period was 2.5 percent with a minimum of 2.5 percent in 2006 and a maximum of 2.5 percent in 2006. The latest value from 2016 is 2.5 percent. For comparison, the world average in 2016 based on 18 countries is 18.82 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 - Small firms with bank credit - Recent values chart




Definition: Percentage of small firms (5-19 workers) in the formal sector with a line of credit or a loan from a (formal) financial institution, such as a bank, credit union, microfinance institution, or cooperative.


 Related indicators Latest value Reference Measure
 ATMs per 100,000 adults 2.57 2021 ATMs per 100,000 adults
 Bank accounts per 1000 adults 95.17 2020 bank accounts
 Bank branches per 100,000 people 2.73 2020 bank branches
 Firms using credit to finance investment 9.20 2016 percent
 Small firms with bank credit 2.50 2016 percent
 Percent people with credit cards 0.90 2021 percent
 Percent people with debit cards 3.69 2021 percent
 Domestic credit to the private sector 9.97 2020 percent
 Bank credit to the private sector 8.92 2021 percent
 Liquid liabilities, percent of GDP 26.14 2021 percent
 Bank assets to GDP 14.81 2021 percent
 Financial system deposits, percent of GDP 17.97 2021 percent
 Bank credit to government 6.60 2020 percent
 Banking system concentration 65.57 2020 percent
 Percent people with bank accounts 13.77 2021 percent
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