Total government debt in Guinea-Bissau
Guinea-Bissau: Total government debt was 525.00 billion current LCU in 2011. ◆ Volatile
Total government debt in Guinea-Bissau, 1970–2011
Source: World Bank country economists. Measured in current LCU.
Analysis
In 2011, total government debt in Guinea-Bissau stood at 525.00 billion current LCU.
That represents a change of down 7.2% on the previous year and down 10.5% over ten years.
Over the whole period, total government debt in Guinea-Bissau peaked at 807.83 billion current LCU in 2009 and was at its lowest, 0 current LCU, in 1970.
Guinea-Bissau ranks 22nd of 44 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.
Total government debt 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 | 100.00 million current LCU | — |
| 1983 | 124.61 million current LCU | +24.6% |
| 1984 | 395.38 million current LCU | +217.3% |
| 1985 | 761.54 million current LCU | +92.6% |
| 1986 | 1.15 billion current LCU | +51.1% |
| 1988 | 8.62 billion current LCU | +649.2% |
| 1989 | 15.27 billion current LCU | +77.1% |
| 1990 | 22.48 billion current LCU | +47.2% |
| 1991 | 36.33 billion current LCU | +61.6% |
| 1997 | 488.09 billion current LCU | +1243.6% |
| 1998 | 467.50 billion current LCU | -4.2% |
| 1999 | 633.37 billion current LCU | +35.5% |
| 2000 | 559.33 billion current LCU | -11.7% |
| 2001 | 586.65 billion current LCU | +4.9% |
| 2002 | 653.86 billion current LCU | +11.5% |
| 2003 | 587.90 billion current LCU | -10.1% |
| 2004 | 628.86 billion current LCU | +7.0% |
| 2005 | 635.75 billion current LCU | +1.1% |
| 2006 | 660.27 billion current LCU | +3.9% |
| 2007 | 623.58 billion current LCU | -5.6% |
| 2008 | 641.78 billion current LCU | +2.9% |
| 2009 | 807.83 billion current LCU | +25.9% |
| 2010 | 565.74 billion current LCU | -30.0% |
| 2011 | 525.00 billion current LCU | -7.2% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 525.00 billion current LCU is above the median for low income countries, which is 525.00 billion current LCU, 1.0× the median. (15 countries reporting)
- Guinea-Bissau's 525.00 billion current LCU is above the median for Sub-Saharan Africa, which is 525.00 billion current LCU, 1.0× the median. (39 countries reporting)
Biggest year-on-year movements
Years where Total government debt 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 |
|---|---|---|---|
| 1997 | +1243.6% | 36.33 billion current LCU | 488.09 billion current LCU |
| 1988 | +649.2% | 1.15 billion current LCU | 8.62 billion current LCU |
| 1984 | +217.3% | 124.61 million current LCU | 395.38 million current LCU |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0 current LCU | 0 current LCU | 0 current LCU | 10 |
| 1980s | 2.94 billion current LCU | 0 current LCU | 15.27 billion current LCU | 9 |
| 1990s | 329.55 billion current LCU | 22.48 billion current LCU | 633.37 billion current LCU | 5 |
| 2000s | 638.58 billion current LCU | 559.33 billion current LCU | 807.83 billion current LCU | 10 |
| 2010s | 545.37 billion current LCU | 525.00 billion current LCU | 565.74 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 total government debt in Guinea-Bissau?
- Total government debt in Guinea-Bissau was 525.00 billion current LCU in 2011, according to World Bank country economists.
- What is the highest total government debt recorded in Guinea-Bissau?
- The highest recorded value was 807.83 billion current LCU in 2009.
- What is the lowest total government debt recorded in Guinea-Bissau?
- The lowest recorded value was 0 current LCU in 1970.
- How does Guinea-Bissau rank for total government debt?
- Guinea-Bissau ranks 22nd out of 44 countries with data for 2011.
- Is total government debt rising or falling in Guinea-Bissau?
- Over the last ten years it is down 10.5%. 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 Total government debt (current LCU). Statizoid updates them automatically from the source API.
Download this data
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About this data
Debt is the entire stock of direct government fixed-term contractual obligations to others outstanding on a particular date. It includes domestic and foreign liabilities such as currency and money deposits, securities other than shares, and loans. It is the gross amount of government liabilities reduced by the amount of equity and financial derivatives held by the government. Because debt is a stock rather than a flow, it is measured as of a given date, usually the last day of the fiscal year. Data are in current local currency.