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Guinea - Gross Savings 1988

Name: Guinea Gross Savings 1988
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Gross savings as % of GDP · World Bank

38.97% +32.13% from 1987 Global rank: 6th

Guinea's gross savings was 38.97% in 1988, increased +32.13% from 39.77% in 1987. This was the 6th highest globally.

Global Ranking - 1988▾

Gross Savings by Country - 1988
Rank	Country	Value	YoY
1st	Belize	60.31%	170.2%
2nd	Botswana	49.82%	18.3%
3rd	Kuwait	49.02%	-6.3%
4th	Korea	41.89%	0.7%
5th	Singapore	41.36%	14.7%
6th	Guinea	38.97%	469.7%
7th	China	37.91%	3.6%
8th	Hong Kong SAR, China	37.23%	2.1%
9th	Maldives	37.06%	-0.7%
10th	Switzerland	36.58%	4.9%
11th	Seychelles	35.44%	66.6%
12th	Bulgaria	32.68%	41.5%
13th	Thailand	32.01%	21.8%
14th	Japan	31.95%	4.0%
15th	Malaysia	31.66%	9.7%
16th	Malta	31.40%	-31.6%
17th	Equatorial Guinea	30.67%	45.9%
18th	Luxembourg	30.62%	1.2%
19th	Gambia, The	30.11%	313.1%
20th	Mauritius	29.34%	6.1%
21st	Portugal	28.89%	0.5%
22nd	Finland	28.88%	14.6%
23rd	Türkiye	28.43%	23.0%
24th	Romania	28.11%	-10.8%
25th	Egypt, Arab Republic of	27.37%	43.9%
26th	Bahrain	27.34%	91.2%
27th	Morocco	26.99%	16.0%
28th	Eswatini	26.94%	42.6%
29th	Norway	26.28%	-2.1%
30th	United Arab Emirates	25.67%	-8.7%
31st	Brazil	25.65%	15.2%
32nd	Netherlands	25.54%	8.7%
33rd	Paraguay	25.33%	88.5%
34th	Australia	25.26%	25.1%
35th	Mozambique	24.88%	56.2%
36th	Sri Lanka	24.70%	84.7%
37th	Cyprus	24.60%	-0.2%
38th	Sweden	24.53%	3.4%
39th	Austria	23.97%	2.3%
40th	Albania	23.73%	-44.1%
41st	Greece	23.43%	15.2%
42nd	Indonesia	23.32%	13.3%
43rd	European Union	23.25%	4.4%
44th	Chile	23.22%	32.8%
45th	France	23.07%	5.7%
46th	Spain	22.84%	6.3%
47th	Tunisia	22.76%	12.1%
48th	Philippines	22.63%	54.7%
49th	Italy	22.52%	14.8%
50th	Germany	22.52%	-1.2%
51st	Colombia	22.43%	19.7%
52nd	Jamaica	22.30%	18.2%
53rd	Bangladesh	22.20%	16.2%
54th	Belgium	22.19%	12.8%
55th	Lesotho	21.68%	-22.6%
56th	Hungary	21.47%	-2.3%
57th	Dominican Republic	21.43%	59.3%
58th	Oman	21.42%	-3.5%
59th	Gabon	21.41%	2.8%
60th	Israel	21.33%	67.2%
61st	Poland	21.28%	19.8%
62nd	Denmark	21.13%	0.5%
63rd	Canada	20.96%	10.6%
64th	Costa Rica	20.92%	-4.8%
65th	United States	20.63%	5.6%
66th	Mexico	20.56%	-8.7%
67th	Kenya	20.18%	67.9%
68th	New Zealand	20.08%	5.2%
69th	Cameroon	19.72%	61.7%
70th	Papua New Guinea	18.33%	35.3%
71st	South Africa	18.28%	-17.0%
72nd	United Kingdom	18.20%	-9.3%
73rd	India	18.16%	-17.2%
74th	Jordan	18.06%	234.5%
75th	Iceland	17.97%	-6.5%
76th	Cabo Verde	17.56%	-32.1%
77th	Honduras	17.51%	125.4%
78th	Qatar	17.46%	-7.9%
79th	Pakistan	17.39%	29.7%
80th	Algeria	16.98%	-24.9%
81st	Bhutan	16.78%	3.0%
82nd	Saudi Arabia	16.65%	239.8%
83rd	Panama	15.89%	-8.6%
84th	Mauritania	15.70%	45.2%
85th	Sierra Leone	15.65%	2,180.6%
86th	Argentina	15.57%	7.1%
87th	Ireland	15.54%	-3.0%
88th	El Salvador	15.39%	-8.7%
89th	Uruguay	15.25%	46.3%
90th	Peru	14.90%	-27.9%
91st	Nepal	14.84%	10.0%
92nd	Vanuatu	14.80%	-24.0%
93rd	Madagascar	14.77%	-28.4%
94th	Trinidad and Tobago	14.76%	-8.1%
95th	Barbados	14.60%	43.6%
96th	Togo	14.51%	-6.2%
97th	Chad	13.33%	2,524.3%
98th	Niger	13.31%	146.0%
99th	Ecuador	12.75%	16.4%
100th	Iran, Islamic Republic of	12.50%	-18.0%
101st	Comoros	12.38%	263.2%
102nd	Tanzania	12.02%	-2.3%
103rd	Tonga	11.41%	-57.3%
104th	Zambia	10.80%	12.6%
105th	Central African Republic	10.57%	58.5%
106th	Ghana	9.96%	-19.2%
107th	Burkina Faso	9.82%	-0.9%
108th	Bahamas, The	9.74%	-2.0%
109th	Sudan	9.07%	-23.0%
110th	Viet Nam	8.66%	-0.1%
111th	Burundi	8.56%	87.0%
112th	Guatemala	8.48%	49.3%
113th	Mongolia	7.95%	-56.5%
114th	Haiti	7.83%	-63.8%
115th	Congo, Democratic Republic of	7.22%	35.2%
116th	Malawi	7.12%	32.9%
117th	Guinea-Bissau	6.98%	-7.1%
118th	Bolivia, Plurinational State of	6.79%	194.6%
119th	Rwanda	6.42%	-3.4%
120th	Congo, Republic of	5.35%	-75.6%
121st	Uganda	4.28%	-69.4%
122nd	Zimbabwe	3.09%	262.6%
123rd	Senegal	2.65%	-61.9%
124th	Syrian Arab Republic	2.59%	-37.3%
125th	Angola	2.04%	-81.1%
126th	Benin	0.77%	-83.5%
127th	Cambodia	0.60%	33.6%
128th	Lao PDR	-0.61%	-112.9%
129th	Côte d'Ivoire	-0.75%	-138.1%
130th	Guyana	-1.50%	32.4%
131st	Nicaragua	-3.23%	-130.7%
132nd	Lebanon	-5.60%	-152.3%
133rd	Mali	-11.07%	-141.5%
134th	Solomon Islands	-77.55%	-314.6%

FAQ

What was Guinea's gross savings in 1988?▾

Guinea's gross savings in 1988 was 38.97%. This ranked 6th globally.

How did Guinea's gross savings change in 1988?▾

Guinea's gross savings increased by 469.7% in 1988 compared to 1987.

Which country had the highest gross savings in 1988?▾

Belize had the highest gross savings in 1988 at 60.31%.

What is the gross savings of Guinea in 1988?▾

The gross savings of Guinea in 1988 was 38.97%. This ranked 6th globally.

How does 1988 compare to 1987 for Guinea's gross savings?▾

Guinea's gross savings went from 39.77% in 1987 to 38.97% in 1988, a 469.7% increase.

HistorySaid - pattern alert

Guinea matched the Fiscal Dominance Trap pattern in 1988. Historically: 386 occurrences, 278 successful (72%). Outcome 24 months later: 25.7%. View full analysis →

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