Overall budget balance, including grants in Guinea-Bissau

Guinea-Bissau: Overall budget balance, including grants was 17.90 billion current LCU in 2011. ◆ Volatile

Latest (2011)
17.90 billion current LCU
Change on year
up 5.9%
World rank
6th
of 51 countries
All-time high
30.50 billion current LCU
in 2009
All-time low
-34.05 billion current LCU
in 2005
Years of data
42
1970–2011

Overall budget balance, including grants in Guinea-Bissau, 1970–2011

-40.0B-20.0B020.0B40.0B1970199020111970: 0 current LCU1971: 0 current LCU1972: 0 current LCU1973: 0 current LCU1974: 0 current LCU1975: 0 current LCU1976: 0 current LCU1977: 0 current LCU1978: 0 current LCU1979: 0 current LCU1980: 0 current LCU1981: 0 current LCU1982: 0 current LCU1983: 0 current LCU1984: -85.1M current LCU1985: -141.0M current LCU1986: 16.8M current LCU1987: -370.0M current LCU1988: -888.5M current LCU1989: -1.9B current LCU1990: -1.5B current LCU1991: -4.4B current LCU1992: -8.3B current LCU1993: -10.4B current LCU1994: -10.5B current LCU1995: -7.8B current LCU1996: -22.1B current LCU1997: -26.1B current LCU1998: -23.8B current LCU1999: -17.6B current LCU2000: -27.2B current LCU2001: -28.8B current LCU2002: -21.5B current LCU2003: -27.2B current LCU2004: -33.9B current LCU2005: -34.1B current LCU2006: -24.6B current LCU2007: -30.0B current LCU2008: -14.4B current LCU2009: 30.5B current LCU2010: 16.9B current LCU2011: 17.9B current LCU

Source: World Bank country economists. Measured in current LCU.

Analysis

Guinea-Bissau recorded 17.90 billion current LCU for overall budget balance, including grants in 2011.

The figure is up 5.9% on the previous year and up 162.1% over ten years.

Over the whole period, overall budget balance, including grants in Guinea-Bissau peaked at 30.50 billion current LCU in 2009 and was at its lowest, -34.05 billion current LCU, in 2005.

That places Guinea-Bissau 6th out of 51 countries with data for 2011, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 0 current LCU 0 current LCU 0 current LCU 10
1980s -339.64 million current LCU -1.93 billion current LCU 16.75 million current LCU 10
1990s -13.24 billion current LCU -26.15 billion current LCU -1.49 billion current LCU 10
2000s -21.11 billion current LCU -34.05 billion current LCU 30.50 billion current LCU 10
2010s 17.40 billion current LCU 16.90 billion current LCU 17.90 billion current LCU 2

Countries ranked near Guinea-Bissau

  1. 3 Algeria 721.20 billion current LCU compare
  2. 4 Gabon 335.59 billion current LCU compare
  3. 5 Equatorial Guinea 55.50 billion current LCU compare
  4. 7 Comoros 14.17 billion current LCU compare
  5. 8 Central African Republic 3.40 billion current LCU compare
  6. 9 Ethiopia 87.12 million current LCU compare

See the full ranking of 51 places →

More science & technology data for Guinea-Bissau

All data for Guinea-Bissau →

Frequently asked questions

What is overall budget balance, including grants in Guinea-Bissau?
Overall budget balance, including grants in Guinea-Bissau was 17.90 billion current LCU in 2011, according to World Bank country economists.
What is the highest overall budget balance, including grants recorded in Guinea-Bissau?
The highest recorded value was 30.50 billion current LCU in 2009.
What is the lowest overall budget balance, including grants recorded in Guinea-Bissau?
The lowest recorded value was -34.05 billion current LCU in 2005.
How does Guinea-Bissau rank for overall budget balance, including grants?
Guinea-Bissau ranks 6th out of 51 countries with data for 2011.
Is overall budget balance, including grants rising or falling in Guinea-Bissau?
Over the last ten years it is up 162.1%. 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 Overall budget balance, including grants (current LCU). Statizoid updates them automatically from the source API.

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About this data

Indicator
Overall budget balance, including grants (current LCU)
Unit
current LCU
Source
World Bank country economists
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
51 places, 1,403 data points, 1965–2011
Last refreshed

Overall budget deficit is current and capital revenue and official grants received, less total expenditure and lending minus repayments. Data are shown for central government only, and are in current local currency.