Budget balance — all countries

Budget balance — Guinea-Bissau

Budget balance in Guinea-Bissau in 2031 — -3%. Ranked 117 in the world out of 188. Since 1991, the indicator has fallen by 4.6 pp.

2031 -3% +0 pp vs 2030
World rank 117of 188
Period maximum 3.5%1996
Period minimum -9.6%2020

Trend over time

1991–2031 · % of GDP

Budget balance — Guinea-Bissau, 1991–2031-10-505199119951999200320072011201520192023202720311991: 1.6%1992: -0.3%1993: -0.3%1994: -5.5%1995: 2.4%1996: 3.5%1997: -2.6%1998: -6%1999: -4.1%2000: -2.8%2001: -1.8%2002: -3.7%2003: -5.6%2004: -5.9%2005: -5%2006: -4.6%2007: -8.8%2008: -0.7%2009: 2.7%2010: -0.2%2011: -1.4%2012: -2.1%2013: -1.7%2014: -2.4%2015: -3.2%2016: -5.3%2017: -1.3%2018: -4.8%2019: -3.9%2020: -9.6%2021: -5.9%2022: -6.1%2023: -8.2%2024: -7.3%2025: -6.7%2026: -4%2027: -3.5%2028: -3%2029: -3%2030: -3%2031: -3%
Change over the period: −4.6 pp Annual average: -0.12 pp

Comparison, 2031

How the value compares with the world and the groups this territory belongs to: Guinea-Bissau

Guinea-Bissau -3%
World computed -4.85%
Sub-Saharan Africa computed -3.08%
Western Africa computed -2.26%
Low-income countries computed -2.83%
Budget balance — Guinea-Bissau, by year Guinea-Bissau All countries CSV XLSX
Year % Change, pp
2031 -3 +0 pp
2030 -3 +0 pp
2029 -3 +0 pp
2028 -3 +0.5 pp
2027 -3.5 +0.5 pp
2026 -4 +2.7 pp
2025 -6.7 +0.6 pp
2024 -7.3 +0.9 pp
2023 -8.2 −2.1 pp
2022 -6.1 −0.2 pp
2021 -5.9 +3.7 pp
2020 -9.6 −5.7 pp
2019 -3.9 +0.9 pp
2018 -4.8 −3.5 pp
2017 -1.3 +4 pp
2016 -5.3 −2.1 pp
2015 -3.2 −0.8 pp
2014 -2.4 −0.7 pp
2013 -1.7 +0.4 pp
2012 -2.1 −0.7 pp
2011 -1.4 −1.2 pp
2010 -0.2 −2.9 pp
2009 2.7 +3.4 pp
2008 -0.7 +8.1 pp
2007 -8.8 −4.2 pp
2006 -4.6 +0.4 pp
2005 -5 +0.9 pp
2004 -5.9 −0.3 pp
2003 -5.6 −1.9 pp
2002 -3.7 −1.9 pp
2001 -1.8 +1 pp
2000 -2.8 +1.3 pp
1999 -4.1 +1.9 pp
1998 -6 −3.4 pp
1997 -2.6 −6.1 pp
1996 3.5 +1.1 pp
1995 2.4 +7.9 pp
1994 -5.5 −5.2 pp
1993 -0.3 +0 pp
1992 -0.3 −1.9 pp
1991 1.6

About the indicator

Net lending or net borrowing of general government as a percent of GDP — what is commonly called the budget deficit, taken with a plus sign when there is a surplus. General government includes regions, local authorities and extrabudgetary funds, so the quantity is fuller than the balance of the central budget alone. The IMF series runs with a forecast several years ahead.

Important: Negative values are deficits. Accumulated deficits are what government debt is, so the two indicators are worth looking at together: a country can live with a deficit for years and carry a small debt all the same, if its economy grows faster.

Source: World Economic Outlook (IMF), license IMF open data.