Overall budget balance, including grants (current LCU) in Guinea-Bissau
Guinea-Bissau: Overall budget balance, including grants (current LCU) was 17.90 billion current LCU in 2011. ◆ Volatile
Overall budget balance, including grants in Guinea-Bissau, 1970–2011
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.
Overall budget balance, including grants (current LCU) 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 | -85.06 million current LCU | — |
| 1985 | -141.05 million current LCU | +65.8% |
| 1986 | 16.75 million current LCU | -111.9% |
| 1987 | -370.01 million current LCU | -2308.5% |
| 1988 | -888.54 million current LCU | +140.1% |
| 1989 | -1.93 billion current LCU | +117.0% |
| 1990 | -1.49 billion current LCU | -22.6% |
| 1991 | -4.38 billion current LCU | +193.2% |
| 1992 | -8.27 billion current LCU | +88.9% |
| 1993 | -10.44 billion current LCU | +26.3% |
| 1994 | -10.47 billion current LCU | +0.3% |
| 1995 | -7.78 billion current LCU | -25.7% |
| 1996 | -22.08 billion current LCU | +183.9% |
| 1997 | -26.15 billion current LCU | +18.4% |
| 1998 | -23.80 billion current LCU | -9.0% |
| 1999 | -17.55 billion current LCU | -26.2% |
| 2000 | -27.20 billion current LCU | +55.0% |
| 2001 | -28.80 billion current LCU | +5.9% |
| 2002 | -21.48 billion current LCU | -25.4% |
| 2003 | -27.19 billion current LCU | +26.6% |
| 2004 | -33.88 billion current LCU | +24.6% |
| 2005 | -34.05 billion current LCU | +0.5% |
| 2006 | -24.58 billion current LCU | -27.8% |
| 2007 | -30.00 billion current LCU | +22.1% |
| 2008 | -14.40 billion current LCU | -52.0% |
| 2009 | 30.50 billion current LCU | -311.8% |
| 2010 | 16.90 billion current LCU | -44.6% |
| 2011 | 17.90 billion current LCU | +5.9% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 17.90 billion current LCU is above the median for low income countries, which is -26.39 billion current LCU. (19 countries reporting)
- Guinea-Bissau's 17.90 billion current LCU is above the median for Sub-Saharan Africa, which is -21.76 billion current LCU. (46 countries reporting)
Biggest year-on-year movements
Years where Overall budget balance, including grants (current LCU) 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 |
|---|---|---|---|
| 1987 | -2308.5% | 16.75 million current LCU | -370.01 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | 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
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 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
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.