household debts in Guinea

Gross debt in Guinea

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Guinea in the period from 1998 to 2021 was between 2.1 billion and 6.8 billion USD. The highest level of the last years at seven billion US Dollar was reached in 2021.

Based on the number of inhabitants, this is a debt of 506 USD per person. For comparison, the average debt per person in the same year in the European Union was 33,695 USD.

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Gross debt of the last 23 years in billion USD

YearGuinea totalGuinea per capitaEU per capita
19982.72 bn USD347 USD14,079 USD
19993.19 bn USD396 USD14,032 USD
20002.74 bn USD333 USD11,232 USD
20012.56 bn USD304 USD11,255 USD
20022.44 bn USD284 USD12,258 USD
20032.81 bn USD321 USD15,286 USD
20043.16 bn USD354 USD17,595 USD
20052.88 bn USD316 USD18,327 USD
20064.02 bn USD432 USD18,877 USD
20073.82 bn USD401 USD20,898 USD
20084.07 bn USD418 USD24,086 USD
20094.12 bn USD413 USD25,361 USD
20104.72 bn USD463 USD26,496 USD
20113.94 bn USD378 USD29,231 USD
20122.08 bn USD195 USD28,174 USD
20132.85 bn USD261 USD29,981 USD
20143.09 bn USD277 USD30,648 USD
20153.90 bn USD336 USD25,918 USD
20163.70 bn USD310 USD26,261 USD
20174.32 bn USD353 USD27,024 USD
20184.66 bn USD371 USD28,448 USD
20195.19 bn USD403 USD27,168 USD
20206.73 bn USD510 USD30,783 USD
20216.85 bn USD506 USD33,695 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Guinea       European Union

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