Annual growth of general government final consumption expenditure in Guinea-Bissau
Guinea-Bissau: Annual growth of general government final consumption expenditure was -2.6 in 2023. ◆ Volatile
Latest (2023)
-2.6
Change on year
down 65.6%
World rank
144th
of 167 countries
All-time high
20.18
in 2014
All-time low
-8.46
in 2008
Years of data
24
2000–2023
Annual growth of general government final consumption expenditure in Guinea-Bissau, 2000–2023
Source: Our World in Data.
Analysis
Guinea-Bissau recorded -2.6 for annual growth of general government final consumption expenditure in 2023.
Compared with earlier readings it is down 65.6% on the previous year and down 242.9% over ten years.
Over the whole period, annual growth of general government final consumption expenditure in Guinea-Bissau peaked at 20.18 in 2014 and was at its lowest, -8.46, in 2008.
Guinea-Bissau ranks 144th of 167 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of general government final consumption expenditure in Guinea-Bissau, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -3.44 | — |
| 2001 | -3.14 | -8.7% |
| 2002 | 4.52 | -243.9% |
| 2003 | 5.87 | +29.9% |
| 2004 | -2.07 | -135.3% |
| 2005 | 14.29 | -790.3% |
| 2006 | -0.76 | -105.3% |
| 2007 | 2.18 | -386.8% |
| 2008 | -8.46 | -488.1% |
| 2009 | 17.95 | -312.2% |
| 2010 | 9.52 | -47.0% |
| 2011 | 4.65 | -51.2% |
| 2012 | -6.59 | -241.7% |
| 2013 | 1.82 | -127.6% |
| 2014 | 20.18 | +1008.8% |
| 2015 | 12.93 | -35.9% |
| 2016 | 7.92 | -38.7% |
| 2017 | 3.44 | -56.6% |
| 2018 | 18.24 | +430.2% |
| 2019 | 6.92 | -62.1% |
| 2020 | 9.14 | +32.1% |
| 2021 | 3.31 | -63.8% |
| 2022 | -1.57 | -147.4% |
| 2023 | -2.6 | +65.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.69 | -8.46 | 17.95 | 10 |
| 2010s | 7.9 | -6.59 | 20.18 | 10 |
| 2020s | 2.07 | -2.6 | 9.14 | 4 |
Countries ranked near Guinea-Bissau
More economy & growth data for Guinea-Bissau
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.42 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Gross capital formation (current US$), annual growth rate 12.76 % change on previous year (2025)
- Gross capital formation (current US$), per unit of GDP 0.2581 current US$ per US$ of GDP (2025)
- Gross capital formation (current US$), per capita 290.07 current US$ per person (2025)
- Gross capital formation (current LCU), annual growth rate 8.22 % change on previous year (2025)
- Gross capital formation (current LCU), per unit of GDP 150.21 current LCU per US$ of GDP (2025)
- Gross capital formation (current LCU), per capita 168,798 current LCU per person (2025)
- Gross capital formation (constant 2015 US$), annual growth rate -6.36 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1301 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is annual growth of general government final consumption expenditure in Guinea-Bissau?
- Annual growth of general government final consumption expenditure in Guinea-Bissau was -2.6 in 2023, according to Our World in Data.
- What is the highest annual growth of general government final consumption expenditure recorded in Guinea-Bissau?
- The highest recorded value was 20.18 in 2014.
- What is the lowest annual growth of general government final consumption expenditure recorded in Guinea-Bissau?
- The lowest recorded value was -8.46 in 2008.
- How does Guinea-Bissau rank for annual growth of general government final consumption expenditure?
- Guinea-Bissau ranks 144th out of 167 countries with data for 2023.
- Is annual growth of general government final consumption expenditure rising or falling in Guinea-Bissau?
- Over the last ten years it is down 242.9%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau data come from?
- The figures come from Our World in Data, published as part of Annual growth of general government final consumption expenditure. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (Our World in Data).