Guinea: Financial institutions development

The latest value from 2021 is 0.197 index points, an increase from 0.182 index points in 2020. In comparison, the world average is 0.436 index points, based on data from 178 countries. Historically, the average for Guinea from 1989 to 2021 is 0.155 index points. The minimum value, 0.108 index points, was reached in 2000 while the maximum of 0.234 index points was recorded in 1990. See the global rankings for that indicator or use the country comparator to compare trends over time.

Definition: An index for overall financial institutions development based on the three subindexes for depth, access, and efficiency from the indictors menu. See Svirydzenka, Katsiaryna (IMF, 2016) for more detail.