Saved at a bank or similar financial institution in Guinea

Guinea: Saved at a bank or similar financial institution was 6.8% in 2024. ▲ Rising

Latest (2024)
6.8%
Change on year
up 39.6%
World rank
70th
of 80 countries
All-time high
6.8%
in 2024
All-time low
2.0%
in 2011
Years of data
5
2011–2024

Saved at a bank or similar financial institution in Guinea, 2011–2024

2345672011201720242011: 2 % age 15+2014: 2.9 % age 15+2017: 6.5 % age 15+2021: 4.9 % age 15+2024: 6.8 % age 15+

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

Analysis

In 2024, saved at a bank or similar financial institution in Guinea stood at 6.8%. That is the highest value across all 5 years on record.

That represents a change of up 39.6% on the previous year and up 137.7% over ten years.

Over the whole period, saved at a bank or similar financial institution in Guinea peaked at 6.8% in 2024 and was at its lowest, 2.0%, in 2011.

That places Guinea 70th out of 80 countries with data for 2024, putting it in the bottom quarter.

Saved at a bank or similar financial institution in Guinea, year by year

Annual values for Saved at a bank or similar financial institution (% age 15+) in Guinea, 2011 to 2024.
Year % age 15+ Change
2011 2.0%
2014 2.9% +41.2%
2017 6.5% +124.6%
2021 4.9% -24.2%
2024 6.8% +39.6%

Averages by decade

DecadeAverage LowestHighest Years
2010s 3.8% 2.0% 6.5% 3
2020s 5.9% 4.9% 6.8% 2

Countries ranked near Guinea

  1. 67 Iraq 7.2% compare
  2. 68 Republic of Moldova 7.1% compare
  3. 69 Pakistan 7.0% compare
  4. 71 Tajikistan 6.8% compare
  5. 72 Jordan 6.8% compare
  6. 73 Nicaragua 6.7% compare

See the full ranking of 90 places →

More reference data data for Guinea

All data for Guinea →

Frequently asked questions

What is saved at a bank or similar financial institution in Guinea?
Saved at a bank or similar financial institution in Guinea was 6.8% in 2024, according to Global Findex Database.
What is the highest saved at a bank or similar financial institution recorded in Guinea?
The highest recorded value was 6.8% in 2024.
What is the lowest saved at a bank or similar financial institution recorded in Guinea?
The lowest recorded value was 2.0% in 2011.
How does Guinea rank for saved at a bank or similar financial institution?
Guinea ranks 70th out of 80 countries with data for 2024.
Is saved at a bank or similar financial institution rising or falling in Guinea?
Over the last ten years it is up 137.7%. 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 Saved at a bank or similar financial institution (% age 15+). Statizoid updates them automatically from the source API.

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

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About this data

Indicator
Saved at a bank or similar financial institution (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
90 places, 450 data points, 2011–2024
Last refreshed

The percentage of respondents who report saving or setting aside any money at a bank or similar financial institution in the past year, (% age 15+)