Deposit interest rate — all countries

Deposit interest rate — Guinea

Deposit interest rate in Guinea in 2021 — 3.33%. Ranked 42 in the world out of 110. Since 1987, the indicator has fallen by 11.68 pp.

2021 3.33% −0 pp vs 2020
World rank 42of 110
Period maximum 23%1992
Period minimum 3.11%2018

Trend over time

1987–2021 · % per annum

Deposit interest rate — Guinea, 1987–2021010203019871991199519992003200720112015201920211987: 15%1988: 16.83%1989: 19.5%1990: 21%1991: 22%1992: 23%1993: 19.75%1994: 18%1995: 17.5%1996: 17%1997: 15.67%1998: 6.38%1999: 5.67%2000: 7.5%2001: 8.03%2002: 7.4%2003: 6.5%2004: 8.85%2005: 14.35%2006: 17.5%2007: 17.5%2008: 17.5%2009: 17.5%2010: 3.11%2011: 4.44%2012: 4.41%2013: 3.95%2014: 3.67%2015: 3.91%2016: 3.84%2017: 3.82%2018: 3.11%2019: 3.29%2020: 3.33%2021: 3.33%
Change over the period: −11.68 pp Annual average: -0.34 pp
Deposit interest rate — Guinea, by year Guinea All countries CSV XLSX
Year % Change, pp
2021 3.33 −0 pp
2020 3.33 +0.04 pp
2019 3.29 +0.18 pp
2018 3.11 −0.71 pp
2017 3.82 −0.02 pp
2016 3.84 −0.07 pp
2015 3.91 +0.24 pp
2014 3.67 −0.28 pp
2013 3.95 −0.46 pp
2012 4.41 −0.03 pp
2011 4.44 +1.33 pp
2010 3.11 −14.39 pp
2009 17.5 +0 pp
2008 17.5 +0 pp
2007 17.5 +0 pp
2006 17.5 +3.15 pp
2005 14.35 +5.5 pp
2004 8.85 +2.35 pp
2003 6.5 −0.9 pp
2002 7.4 −0.63 pp
2001 8.03 +0.53 pp
2000 7.5 +1.83 pp
1999 5.67 −0.71 pp
1998 6.38 −9.29 pp
1997 15.67 −1.33 pp
1996 17 −0.5 pp
1995 17.5 −0.5 pp
1994 18 −1.75 pp
1993 19.75 −3.25 pp
1992 23 +1 pp
1991 22 +1 pp
1990 21 +1.5 pp
1989 19.5 +2.67 pp
1988 16.83 +1.83 pp
1987 15

Western Africa, 2021

The same indicator for neighboring countries — with links to their pages

About the indicator

The average rate banks pay on time deposits of residents. Set against inflation it shows whether savings keep their purchasing power: if the deposit rate is below inflation, the real return on deposits is negative.

Important: There are no aggregates for country groups: the correct weight is the volume of deposits, and we have no such series. Adding rates without weights is meaningless: the rate of a country with a tiny banking system would weigh as much as that of a large one.

Source: World Economic Outlook (IMF), license IMF open data.