Saved at a financial institution or using a mobile money account in Guinea

Guinea: Saved at a financial institution or using a mobile money account was 23.3% in 2024. ◆ Volatile

Latest (2024)
23.3%
Change on year
up 80.6%
World rank
47th
of 82 countries
All-time high
23.3%
in 2024
All-time low
2.0%
in 2011
Years of data
5
2011–2024

Saved at a financial institution or using a mobile money account in Guinea, 2011–2024

05101520252011201720242011: 2 % age 15+2014: 2.9 % age 15+2017: 6.5 % age 15+2021: 12.9 % age 15+2024: 23.3 % age 15+

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

Analysis

The most recent figure for saved at a financial institution or using a mobile money account in Guinea is 23.3%, measured in 2024. That is the highest value across all 5 years on record.

Compared with earlier readings it is up 80.6% on the previous year and up 711.7% over ten years.

Over the whole period, saved at a financial institution or using a mobile money account in Guinea peaked at 23.3% in 2024 and was at its lowest, 2.0%, in 2011.

That places Guinea 47th out of 82 countries with data for 2024, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2010s 3.8% 2.0% 6.5% 3
2020s 18.1% 12.9% 23.3% 2

Countries ranked near Guinea

  1. 44 Bosnia and Herzegovina 24.1% compare
  2. 45 Philippines 23.9% compare
  3. 46 Benin 23.4% compare
  4. 48 Venezuela, Bolivarian Republic of 23.2% compare
  5. 49 Sri Lanka 23.2% compare
  6. 50 Ecuador 22.3% compare

See the full ranking of 92 places →

More reference data data for Guinea

All data for Guinea →

Frequently asked questions

What is saved at a financial institution or using a mobile money account in Guinea?
Saved at a financial institution or using a mobile money account in Guinea was 23.3% in 2024, according to Global Findex Database.
What is the highest saved at a financial institution or using a mobile money account recorded in Guinea?
The highest recorded value was 23.3% in 2024.
What is the lowest saved at a financial institution or using a mobile money account recorded in Guinea?
The lowest recorded value was 2.0% in 2011.
How does Guinea rank for saved at a financial institution or using a mobile money account?
Guinea ranks 47th out of 82 countries with data for 2024.
Is saved at a financial institution or using a mobile money account rising or falling in Guinea?
Over the last ten years it is up 711.7%. The long-run trend across the full record is volatile.
Where does this Guinea data come from?
The figures come from Global Findex Database, published as part of Saved at a financial institution or using a mobile money account (% age 15+). Statizoid updates them automatically from the source API.

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Saved at a financial institution or using a mobile money account in Guinea. Statizoid, drawing on Global Findex Database. Retrieved 22 August 2026, from https://reference.statizoid.com/stat/saved-at-a-financial-institution-or-using-a-mobile-money-account-percent-age-15/guinea/

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About this data

Indicator
Saved at a financial institution or using a mobile money account (% age 15+)
Unit
% age 15+
Source
Global Findex Database
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
92 places, 460 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 or using a mobile money account to save in the past year, (% age 15+)