Bank or similar financial institution account in Guinea

Guinea: Bank or similar financial institution account was 16.9% in 2024. ▲ Rising

Latest (2024)
16.9%
Change on year
up 22.7%
World rank
108th
of 115 countries
All-time high
16.9%
in 2024
All-time low
3.7%
in 2011
Years of data
5
2011–2024

Bank or similar financial institution account in Guinea, 2011–2024

510152011201720242011: 3.7 % age 15+2014: 6.2 % age 15+2017: 14.6 % age 15+2021: 13.8 % age 15+2024: 16.9 % age 15+

Source: Global Findex Database. Measured in % age 15+.

Analysis

In 2024, bank or similar financial institution account in Guinea stood at 16.9%. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 22.7% on the previous year and up 174.0% over ten years.

Over the whole period, bank or similar financial institution account in Guinea peaked at 16.9% in 2024 and was at its lowest, 3.7%, in 2011.

That places Guinea 108th out of 115 countries with data for 2024, putting it in the bottom quarter.

Bank or similar financial institution account in Guinea, year by year

Annual values for Bank or similar financial institution account (% age 15+) in Guinea, 2011 to 2024.
Year % age 15+ Change
2011 3.7%
2014 6.2% +67.3%
2017 14.6% +137.1%
2021 13.8% -5.9%
2024 16.9% +22.7%

Averages by decade

DecadeAverage LowestHighest Years
2010s 8.2% 3.7% 14.6% 3
2020s 15.3% 13.8% 16.9% 2

Countries ranked near Guinea

  1. 105 Benin 19.9% compare
  2. 106 Mali 18.4% compare
  3. 107 Pakistan 18.3% compare
  4. 109 Sierra Leone 15.0% compare
  5. 110 Chad 15.0% compare
  6. 111 Congo 14.7% compare

See the full ranking of 127 places →

More reference data data for Guinea

All data for Guinea →

Frequently asked questions

What is bank or similar financial institution account in Guinea?
Bank or similar financial institution account in Guinea was 16.9% in 2024, according to Global Findex Database.
What is the highest bank or similar financial institution account recorded in Guinea?
The highest recorded value was 16.9% in 2024.
What is the lowest bank or similar financial institution account recorded in Guinea?
The lowest recorded value was 3.7% in 2011.
How does Guinea rank for bank or similar financial institution account?
Guinea ranks 108th out of 115 countries with data for 2024.
Is bank or similar financial institution account rising or falling in Guinea?
Over the last ten years it is up 174.0%. The long-run trend across the full record is rising.
Where does this Guinea data come from?
The figures come from Global Findex Database, published as part of Bank or similar financial institution account (% age 15+). Statizoid updates them automatically from the source API.

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Bank or similar financial institution account in Guinea. Statizoid, drawing on Global Findex Database. Retrieved 27 August 2026, from https://reference.statizoid.com/stat/bank-or-similar-financial-institution-account-percent-age-15/guinea/

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About this data

Indicator
Bank or similar financial institution account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
127 places, 635 data points, 2011–2024
Last refreshed

The percentage of respondents who report having an account (by themselves or together with someone else) at a bank or another similar financial institution, (% age 15+)