Guinea's PPG, commercial banks (NFL, current US$) was −US$27.87 million in 2024, the latest year in the World Bank's World Development Indicators. That is down 163.02% from US$44.22 million in 2019.
Key figures
| Value | Year | |
|---|---|---|
| Latest | −US$27.87 million | 2024 |
| Five years earlier | US$44.22 million | 2019 |
| Highest | US$178.18 million | 2023 |
| Lowest | −US$27.87 million | 2024 |
| Average since 2019 | US$90.2 million | 2019–2024 |
| First recorded | US$5.22 million | 1978 |
Over five years it is down 163.02% from US$44.22 million in 2019. Since 1978 it is down 633.99% from US$5.22 million in 1978. The World Bank has no value for 25 of the years in between; the chart leaves those gaps open rather than joining across them.
What the numbers say
In 2024, Guinea's PPG, commercial banks (NFL, current US$) fell US$206.05 million on 2023 (from US$178.18 million to −US$27.87 million).
Across the 14 yearly changes before that (1981 to 2023), the average change was +US$10.49 million and a typical year strayed about US$38.63 million from that (the standard deviation). This year's change was 5.6 standard deviations below that average, so it was unusually large compared with the rest of the record.
On record, the biggest yearly rise was US$100.32 million in 2020 and the biggest yearly fall was US$206.05 million in 2024. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2024, Guinea had the 62nd highest value of the 87 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Guinea | −US$27.87 million | 2024 |
| Lower middle income | US$7.59 billion | 2024 |
Closest to Guinea in the 2024 ranking
What this measures
Public and publicly guaranteed commercial bank loans from private banks and other private financial institutions. Net flows (or net lending or net disbursements) received by the borrower during the year are disbursements minus principal repayments. Data are in current U.S. dollars.
Regional and income-group figures are computed by the World Bank as a sum.
All 22 values
| Year | PPG, commercial banks (NFL, current US$) |
|---|---|
| 2024 | -27,869,000 |
| 2023 | 178,184,000 |
| 2022 | 127,797,000 |
| 2021 | 74,338,000 |
| 2020 | 144,541,000 |
| 2019 | 44,220,000 |
| 2018 | no data |
| 2017 | no data |
| 2016 | no data |
| 2015 | no data |
| 2014 |
PPG, commercial banks (NFL, current US$) in nearby economies
- Angola — −US$1.26 billion (2024)
- Benin — US$461.66 million (2024)
- Burkina Faso — US$62.99 million (2024)
- Cabo Verde — −US$22.14 million (2024)
- Cameroon — US$501.29 million (2024)
- Congo, Dem. Rep. — −US$3.85 million (2024)
- Congo, Rep. — US$0 (2024)
- Côte d'Ivoire — US$375.4 million (2024)
- Eswatini — US$0 (2024)
- Ethiopia — US$8.86 million (2024)
More economic policy & debt data for Guinea
- Grants, excluding technical cooperation (BoP, current US$) — US$393.69 million (2023)
- Technical cooperation grants (BoP, current US$) — US$42.92 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$278.62 million (2023)
- Net official development assistance and official aid received (current US$) — US$531.75 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$531.75 million (2023)
- Net official development assistance received (current US$) — US$531.75 million (2023)
- Net official development assistance received (constant 2023 US$) — US$531.75 million (2023)
- Net ODA received per capita (current US$)
Reading data like this
Questions people ask
- What is Guinea's PPG, commercial banks (NFL, current US$)?
- −US$27.87 million in 2024, according to the World Bank (World Development Indicators).
- How has it changed since 1978?
- It is down 633.99% from US$5.22 million in 1978. The highest value was US$178.18 million in 2023 and the lowest −US$27.87 million in 2024.
- How does Guinea rank?
- 62nd highest of 87 economies with data for 2024.
- Is the latest change in PPG, commercial banks (NFL, current US$) unusual for Guinea?
- In 2024, Guinea's PPG, commercial banks (NFL, current US$) fell US$206.05 million on 2023 (from US$178.18 million to −US$27.87 million). Across the 14 yearly changes before that (1981 to 2023), the average change was +US$10.49 million and a typical year strayed about US$38.63 million from that (the standard deviation). This year's change was 5.6 standard deviations below that average, so it was unusually large compared with the rest of the record.
Source
World Bank, World Development Indicators, indicator DT.NFL.PCBK.CD, licensed CC BY 4.0. Original source: International Debt Statistics, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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