Home Guinea Government Budget Deficit

Guinea Budget Deficit

General government net lending/borrowing as % of GDP  GGXCNL_NGDP

-3.20% +1.79% (+35.9%)
Year 2025 Rank #106 Global Peak 23.72% (2012) Source IMF WEO

Guinea Budget Deficit (1990–2025)

Overview

Guinea's budget deficit stood at -3.20% in 2025, a rise of +1.79% from 2024. The IMF projects -3.20% by 2025. Guinea ranked 106th globally.

Data & projection

Year Budget Deficit YoY change Rank
2030* IMF -2.10% - -
2029* IMF -2.30% - -
2028* IMF -2.50% - -
2027* IMF -2.70% - -
2026* IMF -3.00% - -
2025* IMF -3.20% - -
2025 -3.20% +1.79% #106
2024 -4.99% −1.13% #48
2023 -3.86% −1.98% #70
2022 -1.88% −0.18% #115
2021 -1.71% +1.38% #140
2020 -3.08% −2.91% #145
2019 -0.17% +0.81% #128
2018 -0.97% +1.01% #116
2017 -1.99% −1.90% #102
2016 -0.08% +6.45% #148
2015 -6.53% −3.52% #34
2014 -3.01% +0.84% #86
2013 -3.86% −27.57% #60
2012 23.72% +24.64% #187
2011 -0.92% +8.74% #126
Show all years (1990-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +45.6% GDP growth 5.6% C/A balance 27.2%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Guinea matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw budget deficit improve within 24 months. View full analysis →

Frequently Asked Questions

What is Guinea's budget deficit?

Guinea's budget deficit was -3.20% in 2025. Ranked 106th globally. This represents a 35.9% increase from the previous year.

What was the highest budget deficit in Guinea?

Guinea's budget deficit peaked at 23.72% in 2012.

What was the lowest budget deficit in Guinea?

The lowest budget deficit in Guinea was -9.66% in 2010.

How does Guinea rank in budget deficit?

Guinea ranks 106th globally in budget deficit as of 2025.

What is the World Bank indicator code for budget deficit?

The World Bank indicator code is GGXCNL_NGDP. Data sourced from IMF WEO.

What is the projected budget deficit of Guinea in 2025?

Guinea's budget deficit is projected to reach -3.20% by 2025 based on IMF projection.

What is the budget deficit of Guinea in 2025?

The budget deficit of Guinea in 2025 was -3.20%. This ranks 106th in the world.

Cite this page

APA
Guinea Budget Deficit. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/guinea/budget-deficit
BibTeX
@misc{historysaid_guinea_budget-deficit, title = {Guinea Budget Deficit}, url = {https://historysaid.com/guinea/budget-deficit}, publisher = {HistorySaid}, year = {2026} }