Public and publicly guaranteed debt service in Guinea-Bissau
Guinea-Bissau: Public and publicly guaranteed debt service was 8.7% in 2024. ◆ Volatile
Public and publicly guaranteed debt service in Guinea-Bissau, 2001–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
Guinea-Bissau recorded 8.7% for public and publicly guaranteed debt service in 2024.
That represents a change of down 33.4% on the previous year and up 306.9% over ten years.
Over the whole period, public and publicly guaranteed debt service in Guinea-Bissau peaked at 17.1% in 2022 and was at its lowest, 1.2%, in 2013.
That places Guinea-Bissau 41st out of 120 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Public and publicly guaranteed debt service in Guinea-Bissau, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 2001 | 5.9% | — |
| 2002 | 2.5% | -57.2% |
| 2003 | 3.6% | +42.4% |
| 2004 | 5.0% | +39.3% |
| 2005 | 3.1% | -38.2% |
| 2006 | 7.4% | +136.8% |
| 2007 | 4.9% | -33.8% |
| 2008 | 7.4% | +52.4% |
| 2009 | 11.8% | +59.4% |
| 2010 | 5.2% | -55.8% |
| 2011 | 1.9% | -64.4% |
| 2012 | 3.6% | +93.8% |
| 2013 | 1.2% | -67.5% |
| 2014 | 2.1% | +82.3% |
| 2015 | 1.9% | -9.2% |
| 2016 | 2.5% | +26.4% |
| 2017 | 3.5% | +40.3% |
| 2018 | 4.0% | +16.8% |
| 2019 | 6.7% | +66.2% |
| 2020 | 13.5% | +101.7% |
| 2021 | 13.6% | +0.9% |
| 2022 | 17.1% | +25.6% |
| 2023 | 13.1% | -23.6% |
| 2024 | 8.7% | -33.4% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 8.7% is above the median for low income countries, which is 5.2%, 1.7× the median. (21 countries reporting)
- Guinea-Bissau's 8.7% is above the median for Sub-Saharan Africa, which is 5.7%, 1.5× the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.7% | 2.5% | 11.8% | 9 |
| 2010s | 3.3% | 1.2% | 6.7% | 10 |
| 2020s | 13.2% | 8.7% | 17.1% | 5 |
Countries ranked near Guinea-Bissau
More external debt data for Guinea-Bissau
- IFC, private nonguaranteed 0 NFL, US$ (2024)
- IFC, private nonguaranteed (NFL, US$), per capita 0 NFL, US$ per person (2024)
- IFC, private nonguaranteed (NFL, US$), per unit of GDP 0 NFL, US$ per US$ of GDP (2024)
- IFC, private nonguaranteed (NFL, US$), per square kilometre 0 NFL, US$ per square kilometre (2023)
- Public and publicly guaranteed debt service 1.4% (2024)
- Net financial flows, IDA 8.56 million NFL, current US$ (2024)
- Net financial flows, IDA (NFL, current US$), per capita 3.89 NFL, current US$ per person (2024)
- Net financial flows, IDA (NFL, current US$), per unit of GDP 0.0039 NFL, current US$ per US$ of GDP (2024)
- Net financial flows, IDA (NFL, current US$), per square kilometre 869.35 NFL, current US$ per square kilometre (2023)
- Net financial flows, IDA (NFL, current US$), annual growth rate -64.99 % change on previous year (2024)
Frequently asked questions
- What is public and publicly guaranteed debt service in Guinea-Bissau?
- Public and publicly guaranteed debt service in Guinea-Bissau was 8.7% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest public and publicly guaranteed debt service recorded in Guinea-Bissau?
- The highest recorded value was 17.1% in 2022.
- What is the lowest public and publicly guaranteed debt service recorded in Guinea-Bissau?
- The lowest recorded value was 1.2% in 2013.
- How does Guinea-Bissau rank for public and publicly guaranteed debt service?
- Guinea-Bissau ranks 41st out of 120 countries with data for 2024.
- Is public and publicly guaranteed debt service rising or falling in Guinea-Bissau?
- Over the last ten years it is up 306.9%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Public and publicly guaranteed debt service (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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About this data
Public and publicly guaranteed debt service to exports of goods, services, and income. Public and publicly guaranteed debt service is the sum of principal repayments and interest actually paid in currency, goods, or services on long-term obligations of public debtors and long-term private obligations guaranteed by a public entity. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.