Foreign assets in Guinea
Guinea: Foreign assets was 6.38 billion real chained 2019 US$ in 2020. ▼ Falling
Latest (2020)
6.38 billion real chained 2019 US$
Change on year
up 64.3%
World rank
113th
of 150 countries
All-time high
8.27 billion real chained 2019 US$
in 1995
All-time low
1.32 billion real chained 2019 US$
in 2015
Years of data
26
1995–2020
Foreign assets in Guinea, 1995–2020
Source: World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4. Measured in real chained 2019 US$.
Analysis
In 2020, foreign assets in Guinea stood at 6.38 billion real chained 2019 US$.
That represents a change of up 64.3% on the previous year and up 204.2% over ten years.
Over the whole period, foreign assets in Guinea peaked at 8.27 billion real chained 2019 US$ in 1995 and was at its lowest, 1.32 billion real chained 2019 US$, in 2015.
That places Guinea 113th out of 150 countries with data for 2020, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 26 years of available data.
Foreign assets in Guinea, year by year
| Year | real chained 2019 US$ | Change |
|---|---|---|
| 1995 | 8.27 billion real chained 2019 US$ | — |
| 1996 | 7.01 billion real chained 2019 US$ | -15.2% |
| 1997 | 6.64 billion real chained 2019 US$ | -5.2% |
| 1998 | 8.06 billion real chained 2019 US$ | +21.3% |
| 1999 | 6.28 billion real chained 2019 US$ | -22.0% |
| 2000 | 5.16 billion real chained 2019 US$ | -17.8% |
| 2001 | 5.03 billion real chained 2019 US$ | -2.6% |
| 2002 | 4.37 billion real chained 2019 US$ | -13.2% |
| 2003 | 4.08 billion real chained 2019 US$ | -6.6% |
| 2004 | 3.52 billion real chained 2019 US$ | -13.8% |
| 2005 | 2.45 billion real chained 2019 US$ | -30.4% |
| 2006 | 2.13 billion real chained 2019 US$ | -12.9% |
| 2007 | 2.10 billion real chained 2019 US$ | -1.6% |
| 2008 | 2.34 billion real chained 2019 US$ | +11.6% |
| 2009 | 3.15 billion real chained 2019 US$ | +34.5% |
| 2010 | 2.10 billion real chained 2019 US$ | -33.3% |
| 2011 | 3.33 billion real chained 2019 US$ | +58.9% |
| 2012 | 2.81 billion real chained 2019 US$ | -15.6% |
| 2013 | 2.52 billion real chained 2019 US$ | -10.3% |
| 2014 | 2.56 billion real chained 2019 US$ | +1.2% |
| 2015 | 1.32 billion real chained 2019 US$ | -48.2% |
| 2016 | 2.22 billion real chained 2019 US$ | +67.6% |
| 2017 | 3.95 billion real chained 2019 US$ | +78.4% |
| 2018 | 4.31 billion real chained 2019 US$ | +9.0% |
| 2019 | 3.88 billion real chained 2019 US$ | -9.9% |
| 2020 | 6.38 billion real chained 2019 US$ | +64.3% |
Guinea compared with similar countries
- Guinea's 6.38 billion real chained 2019 US$ is below the median for lower middle income countries, which is 9.56 billion real chained 2019 US$, 67% of the median. (38 countries reporting)
- Guinea's 6.38 billion real chained 2019 US$ is above the median for Sub-Saharan Africa, which is 5.36 billion real chained 2019 US$, 1.2× the median. (41 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 7.25 billion real chained 2019 US$ | 6.28 billion real chained 2019 US$ | 8.27 billion real chained 2019 US$ | 5 |
| 2000s | 3.43 billion real chained 2019 US$ | 2.10 billion real chained 2019 US$ | 5.16 billion real chained 2019 US$ | 10 |
| 2010s | 2.90 billion real chained 2019 US$ | 1.32 billion real chained 2019 US$ | 4.31 billion real chained 2019 US$ | 10 |
| 2020s | 6.38 billion real chained 2019 US$ | 6.38 billion real chained 2019 US$ | 6.38 billion real chained 2019 US$ | 1 |
Countries ranked near Guinea
- 110 Mongolia 7.18 billion real chained 2019 US$ compare
- 111 North Macedonia 7.08 billion real chained 2019 US$ compare
- 112 Nicaragua 6.95 billion real chained 2019 US$ compare
- 114 Gabon 6.03 billion real chained 2019 US$ compare
- 115 Benin 5.90 billion real chained 2019 US$ compare
- 116 Armenia 5.88 billion real chained 2019 US$ compare
More reference data data for Guinea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.111 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.56 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.05 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2883 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.05 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.3722 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2242 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 13.37 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 16 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.57 (2050)
Frequently asked questions
- What is foreign assets in Guinea?
- Foreign assets in Guinea was 6.38 billion real chained 2019 US$ in 2020, according to World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4.
- What is the highest foreign assets recorded in Guinea?
- The highest recorded value was 8.27 billion real chained 2019 US$ in 1995.
- What is the lowest foreign assets recorded in Guinea?
- The lowest recorded value was 1.32 billion real chained 2019 US$ in 2015.
- How does Guinea rank for foreign assets?
- Guinea ranks 113th out of 150 countries with data for 2020.
- Is foreign assets rising or falling in Guinea?
- Over the last ten years it is up 204.2%. The long-run trend across the full record is falling.
- Where does this Guinea data come from?
- The figures come from World Bank. 2021. The Changing Wealth of Nations 2021: Managing Assets for the Future. Washington, DC: World Bank. doi:10.1596/978-1-4648-1590-4, published as part of Foreign assets (real chained 2019 US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Net foreign assets is foreign assets minus foreign liabilities. Values are measured at market exchange rates in constant 2018 US dollars, using a country-specific GDP deflator.