Number of Household Sector Borrowers at All … Microfinance in Guinea
Guinea: Number of Household Sector Borrowers at All … Microfinance was 36.6 in 2024. ◆ Volatile
Number of Household Sector Borrowers at All Microfinance Institutions in Guinea, 2004–2024
Source: International Monetary Fund.
Analysis
The most recent figure for number of household sector borrowers at all microfinance institutions in Guinea is 36.6, measured in 2024.
That represents a change of up 4.0% on the previous year and down 20.1% over ten years.
Over the whole period, number of household sector borrowers at all microfinance institutions in Guinea peaked at 46.98 in 2017 and was at its lowest, 0.0149, in 2004.
That places Guinea 31st out of 60 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Number of Household Sector Borrowers at All … Microfinance in Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 0.0149 | — |
| 2005 | 0.0174 | +16.5% |
| 2006 | 0.019 | +8.9% |
| 2007 | 0.0264 | +39.2% |
| 2008 | 11.91 | +45039.7% |
| 2009 | 14.85 | +24.6% |
| 2010 | 17.43 | +17.4% |
| 2011 | 20.81 | +19.5% |
| 2012 | 21.41 | +2.8% |
| 2013 | 40.95 | +91.3% |
| 2014 | 45.79 | +11.8% |
| 2015 | 40 | -12.7% |
| 2016 | 43.92 | +9.8% |
| 2017 | 46.98 | +7.0% |
| 2018 | 39.83 | -15.2% |
| 2019 | 44.56 | +11.9% |
| 2020 | 23.69 | -46.8% |
| 2021 | 26.27 | +10.9% |
| 2022 | 35.12 | +33.7% |
| 2023 | 35.17 | +0.2% |
| 2024 | 36.6 | +4.0% |
Guinea compared with similar countries
- Guinea's 36.6 is below the median for lower middle income countries, which is 53.27, 69% of the median. (28 countries reporting)
- Guinea's 36.6 is above the median for Sub-Saharan Africa, which is 18.51, 2.0× the median. (23 countries reporting)
Biggest year-on-year movements
Years where Number of Household Sector Borrowers at All … Microfinance in Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +45039.7% | 0.0264 | 11.91 |
| 2013 | +91.3% | 21.41 | 40.95 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.47 | 0.0149 | 14.85 | 6 |
| 2010s | 36.17 | 17.43 | 46.98 | 10 |
| 2020s | 31.37 | 23.69 | 36.6 | 5 |
Countries ranked near Guinea
More gender data for Guinea
- Child population (UN estimates and projections) 6,504 (2030)
- Child population (UN estimates and projections) (0-14), annual growth 1.04 % change on previous year (2030)
- Population 10,303 (2030)
- Working-age population (UN estimates and projections) 10,303 (2030)
- Population (UN estimates and projections), annual growth rate 2.73 % change on previous year (2030)
- Age population, age 00, female, interpolated 230,106 (2025)
- Age population, age 00, male, interpolated 238,434 (2025)
- Age population, age 01, female, interpolated 224,170 (2025)
- Age population, age 01, male, interpolated 231,148 (2025)
- Age population, age 02, female, interpolated 220,197 (2025)
Frequently asked questions
- What is number of household sector borrowers at all microfinance institutions in Guinea?
- Number of household sector borrowers at all microfinance institutions in Guinea was 36.6 in 2024, according to International Monetary Fund.
- What is the highest number of household sector borrowers at all microfinance institutions recorded in Guinea?
- The highest recorded value was 46.98 in 2017.
- What is the lowest number of household sector borrowers at all microfinance institutions recorded in Guinea?
- The lowest recorded value was 0.0149 in 2004.
- How does Guinea rank for number of household sector borrowers at all microfinance institutions?
- Guinea ranks 31st out of 60 countries with data for 2024.
- Is number of household sector borrowers at all microfinance institutions rising or falling in Guinea?
- Over the last ten years it is down 20.1%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from International Monetary Fund, published as part of Number of Household Sector Borrowers at All Microfinance Institutions per 1,000 Adults. Statizoid updates them automatically from the source API.
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About this data
Gender-disaggregated data on access to and use of financial services.