Guinea recorded a government debt equivalent to 18.66 percent of the country's Gross Domestic Product in 2017. Government Debt to GDP in Guinea averaged 58.83 percent from 2003 until 2017, reaching an all time high of 113 percent in 2006 and a record low of 17.70 percent in 2013.

Government Debt to GDP in Guinea is expected to be 33.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guinea Government Debt to GDP is projected to trend around 23.00 percent in 2020, according to our econometric models.

Guinea Government Debt to GDP
Forecast Data Chart
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Guinea Government Last Previous Highest Lowest Unit
Government Debt to GDP 18.66 26.50 113.00 17.70 percent [+]
Government Budget 0.60 -1.50 0.60 -13.90 percent of GDP [+]
Military Expenditure 160.93 161.86 200.02 56.11 USD Million [+]
Credit Rating 15.00 [+]

Guinea Government Debt to GDP

Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Guinea Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guinea Government Debt to GDP - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
18.66 26.50 113.00 17.70 2003 - 2017 percent Yearly

Country Last Previous
Japan 253.00 Dec/17
Italy 132.20 Dec/18
Singapore 110.60 Dec/17
United States 105.40 Dec/17
Spain 97.20 Dec/18
France 97.00 Dec/17
Canada 90.60 Dec/18
Euro Area 86.80 Dec/17
Argentina 86.20 Dec/18
United Kingdom 84.70 Dec/18
Brazil 77.22 Dec/18
India 68.70 Dec/17
Germany 60.90 Dec/18
Netherlands 56.70 Dec/17
South Africa 53.10 Dec/17
China 47.60 Dec/17
Mexico 46.00 Dec/18
Australia 41.90 Dec/17
South Korea 38.00 Dec/17
Indonesia 29.80 Dec/18
Switzerland 29.70 Dec/17
Turkey 28.30 Dec/17
Saudi Arabia 17.20 Dec/17
Russia 13.50 Dec/17