External borrowing, net in Guinea-Bissau
Guinea-Bissau: External borrowing, net was 9.40 billion current LCU in 2011. ◆ Volatile
External borrowing, net in Guinea-Bissau, 1970–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
Guinea-Bissau recorded 9.40 billion current LCU for external borrowing, net in 2011.
The figure is up 193.8% on the previous year and up 173.5% over ten years.
Over the whole period, external borrowing, net in Guinea-Bissau peaked at 17.50 billion current LCU in 1997 and was at its lowest, -14.77 billion current LCU, in 2002.
Guinea-Bissau ranks 24th of 50 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
External borrowing, net in Guinea-Bissau, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 0 current LCU | — |
| 1971 | 0 current LCU | — |
| 1972 | 0 current LCU | — |
| 1973 | 0 current LCU | — |
| 1974 | 0 current LCU | — |
| 1975 | 0 current LCU | — |
| 1976 | 0 current LCU | — |
| 1977 | 0 current LCU | — |
| 1978 | 0 current LCU | — |
| 1979 | 0 current LCU | — |
| 1980 | 0 current LCU | — |
| 1981 | 0 current LCU | — |
| 1982 | 0 current LCU | — |
| 1983 | 0 current LCU | — |
| 1984 | 0 current LCU | — |
| 1986 | -68.01 million current LCU | — |
| 1987 | 84.80 million current LCU | -224.7% |
| 1988 | 558.73 million current LCU | +558.9% |
| 1989 | 618.22 million current LCU | +10.6% |
| 1990 | 17.26 million current LCU | -97.2% |
| 1991 | 265.62 million current LCU | +1438.6% |
| 1992 | 4.54 billion current LCU | +1610.8% |
| 1993 | 5.14 billion current LCU | +13.2% |
| 1994 | 4.61 billion current LCU | -10.3% |
| 1995 | 2.33 billion current LCU | -49.4% |
| 1996 | 9.92 billion current LCU | +325.3% |
| 1997 | 17.50 billion current LCU | +76.4% |
| 1998 | -4.40 billion current LCU | -125.1% |
| 1999 | -10.60 billion current LCU | +140.9% |
| 2000 | -9.75 billion current LCU | -8.0% |
| 2001 | -12.79 billion current LCU | +31.1% |
| 2002 | -14.77 billion current LCU | +15.5% |
| 2003 | -9.30 billion current LCU | -37.0% |
| 2004 | -5.19 billion current LCU | -44.2% |
| 2005 | -11.80 billion current LCU | +127.2% |
| 2006 | -4.68 billion current LCU | -60.3% |
| 2007 | -159.57 million current LCU | -96.6% |
| 2008 | 9.50 billion current LCU | -6053.4% |
| 2009 | -200.00 million current LCU | -102.1% |
| 2010 | 3.20 billion current LCU | -1700.0% |
| 2011 | 9.40 billion current LCU | +193.8% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 9.40 billion current LCU is below the median for low income countries, which is 21.58 billion current LCU, 44% of the median. (18 countries reporting)
- Guinea-Bissau's 9.40 billion current LCU is above the median for Sub-Saharan Africa, which is 9.40 billion current LCU, 1.0× the median. (45 countries reporting)
Biggest year-on-year movements
Years where External borrowing, net in Guinea-Bissau changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2008 | +6053.4% | -159.57 million current LCU | 9.50 billion current LCU |
| 2010 | +1700.0% | -200.00 million current LCU | 3.20 billion current LCU |
| 1992 | +1610.8% | 265.62 million current LCU | 4.54 billion current LCU |
| 1991 | +1438.6% | 17.26 million current LCU | 265.62 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 current LCU | 0 current LCU | 0 current LCU | 10 |
| 1980s | 132.64 million current LCU | -68.01 million current LCU | 618.22 million current LCU | 9 |
| 1990s | 2.93 billion current LCU | -10.60 billion current LCU | 17.50 billion current LCU | 10 |
| 2000s | -5.91 billion current LCU | -14.77 billion current LCU | 9.50 billion current LCU | 10 |
| 2010s | 6.30 billion current LCU | 3.20 billion current LCU | 9.40 billion current LCU | 2 |
Countries ranked near Guinea-Bissau
More science & technology data for Guinea-Bissau
- Mobile landline subscriptions, per unit of GDP 0 units per US$ of GDP (2024)
- Mobile landline subscriptions, gaps filled 147.2 (2024)
- Mobile cellular subscriptions by country, per capita 1.47 units per person (2024)
- Mobile cellular subscriptions by country, per unit of GDP 0.0015 units per US$ of GDP (2024)
- Mobile cellular subscriptions by country, gaps filled 3.24 million (2024)
- Mobile cellular subscriptions by country, per square kilometre 98.1 units per square kilometre (2023)
- Mobile landline subscriptions, annual growth rate 14.9 % change on previous year (2024)
- Mobile cellular subscriptions by country, annual growth rate 17.46 % change on previous year (2024)
- Scientific and technical journal articles 13.7 (2023)
- Scientific and technical journal articles, per capita 0 units per person (2023)
Frequently asked questions
- What is external borrowing, net in Guinea-Bissau?
- External borrowing, net in Guinea-Bissau was 9.40 billion current LCU in 2011, according to World Bank country economists.
- What is the highest external borrowing, net recorded in Guinea-Bissau?
- The highest recorded value was 17.50 billion current LCU in 1997.
- What is the lowest external borrowing, net recorded in Guinea-Bissau?
- The lowest recorded value was -14.77 billion current LCU in 2002.
- How does Guinea-Bissau rank for external borrowing, net?
- Guinea-Bissau ranks 24th out of 50 countries with data for 2011.
- Is external borrowing, net rising or falling in Guinea-Bissau?
- Over the last ten years it is up 173.5%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau data come from?
- The figures come from World Bank country economists, published as part of External borrowing, net (current LCU). Statizoid updates them automatically from the source API.
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About this data
Financing from abroad (obtained from nonresidents) refer to the means by which a government provides financial resources to cover a budget deficit or allocates financial resources arising from a budget surplus. It includes all government liabilities--other. Data are in current local currency.