Overall surplus/deficit, excluding current grants in Guinea-Bissau
Guinea-Bissau: Overall surplus/deficit, excluding current grants was -16.50 billion current LCU in 2011. ◆ Volatile
Latest (2011)
-16.50 billion current LCU
Change on year
up 28.6%
World rank
22nd
of 50 countries
All-time high
0 current LCU
in 1970
All-time low
-47.03 billion current LCU
in 2007
Years of data
42
1970–2011
Overall surplus/deficit, excluding current grants in Guinea-Bissau, 1970–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
The most recent figure for overall surplus/deficit, excluding current grants in Guinea-Bissau is -16.50 billion current LCU, measured in 2011.
The figure is up 28.6% on the previous year and up 55.2% over ten years.
Over the whole period, overall surplus/deficit, excluding current grants in Guinea-Bissau peaked at 0 current LCU in 1970 and was at its lowest, -47.03 billion current LCU, in 2007.
That places Guinea-Bissau 22nd out of 50 countries with data for 2011, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Overall surplus/deficit, excluding current grants 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 | -132.19 million current LCU | — |
| 1985 | -217.20 million current LCU | +64.3% |
| 1986 | -119.40 million current LCU | -45.0% |
| 1987 | -485.40 million current LCU | +306.5% |
| 1988 | -1.18 billion current LCU | +143.3% |
| 1989 | -2.39 billion current LCU | +102.4% |
| 1990 | -2.00 billion current LCU | -16.2% |
| 1991 | -4.79 billion current LCU | +138.8% |
| 1992 | -9.04 billion current LCU | +88.9% |
| 1993 | -10.99 billion current LCU | +21.6% |
| 1994 | -10.81 billion current LCU | -1.6% |
| 1995 | -12.53 billion current LCU | +15.9% |
| 1996 | -23.25 billion current LCU | +85.5% |
| 1997 | -27.90 billion current LCU | +20.0% |
| 1998 | -23.80 billion current LCU | -14.7% |
| 1999 | -19.40 billion current LCU | -18.5% |
| 2000 | -39.76 billion current LCU | +104.9% |
| 2001 | -36.80 billion current LCU | -7.4% |
| 2002 | -24.68 billion current LCU | -32.9% |
| 2003 | -31.99 billion current LCU | +29.6% |
| 2004 | -45.88 billion current LCU | +43.4% |
| 2005 | -39.11 billion current LCU | -14.8% |
| 2006 | -34.80 billion current LCU | -11.0% |
| 2007 | -47.03 billion current LCU | +35.2% |
| 2008 | -45.10 billion current LCU | -4.1% |
| 2009 | -31.60 billion current LCU | -29.9% |
| 2010 | -23.10 billion current LCU | -26.9% |
| 2011 | -16.50 billion current LCU | -28.6% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's -16.50 billion current LCU is above the median for low income countries, which is -74.03 billion current LCU, 22% of the median. (18 countries reporting)
- Guinea-Bissau's -16.50 billion current LCU is above the median for Sub-Saharan Africa, which is -32.01 billion current LCU, 52% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 current LCU | 0 current LCU | 0 current LCU | 10 |
| 1980s | -452.51 million current LCU | -2.39 billion current LCU | 0 current LCU | 10 |
| 1990s | -14.45 billion current LCU | -27.90 billion current LCU | -2.00 billion current LCU | 10 |
| 2000s | -37.67 billion current LCU | -47.03 billion current LCU | -24.68 billion current LCU | 10 |
| 2010s | -19.80 billion current LCU | -23.10 billion current LCU | -16.50 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 surplus/deficit, excluding current grants in Guinea-Bissau?
- Overall surplus/deficit, excluding current grants in Guinea-Bissau was -16.50 billion current LCU in 2011, according to World Bank country economists.
- What is the highest overall surplus/deficit, excluding current grants recorded in Guinea-Bissau?
- The highest recorded value was 0 current LCU in 1970.
- What is the lowest overall surplus/deficit, excluding current grants recorded in Guinea-Bissau?
- The lowest recorded value was -47.03 billion current LCU in 2007.
- How does Guinea-Bissau rank for overall surplus/deficit, excluding current grants?
- Guinea-Bissau ranks 22nd out of 50 countries with data for 2011.
- Is overall surplus/deficit, excluding current grants rising or falling in Guinea-Bissau?
- Over the last ten years it is up 55.2%. 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 surplus/deficit, excluding current grants (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 42 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Overall budget surplus/deficit (excluding current grants) is current and capital revenue excluding current grants, less total expenditure and lending minus repayments. Data are shown for central government only, and are in current local currency.