National Debt (% of GDP): Guinea

Analysis# Guinea National Debt (% of GDP) Guinea's national debt stands at 38.1% of GDP in 2026, reflecting a substantial long-term improvement from the country's 1990 baseline. The debt-to-GDP ratio peaked at 97.9% in 2005, representing a fiscal crisis point that prompted subsequent reforms. Since that peak, Guinea has reduced its debt burden by nearly 47% over three decades, though it remains above the all-time low of 26.9% recorded in 2012. Recent years reveal volatility, with the debt ratio spiking to 48.8% in 2024 before declining to the current 38.1% in 2026. This fluctuation reflects economic pressures and fiscal management challenges, including the 2020 pandemic-driven increase to 45.3%. The current downward trajectory suggests Guinea is stabilizing its debt position after the 2024 spike, though sustained fiscal discipline remains essential to maintain progress toward lower debt levels.