Annual growth of the general government final consumption expenditure in Guinea-Bissau
Guinea-Bissau: Annual growth of the general government final consumption expenditure was 11.8% in 2024. ◆ Volatile
Annual growth of the general government final consumption expenditure in Guinea-Bissau, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Guinea-Bissau recorded 11.8% for annual growth of the general government final consumption expenditure in 2024.
Compared with earlier readings it is up 2,817.0% on the previous year and down 35.5% over ten years.
Over the whole period, annual growth of the general government final consumption expenditure in Guinea-Bissau peaked at 18.2% in 2014 and was at its lowest, -7.3%, in 2008.
Guinea-Bissau ranks 11th of 181 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of the general government final consumption expenditure in Guinea-Bissau, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -1.8% | — |
| 2001 | -3.2% | +76.3% |
| 2002 | 7.4% | -330.7% |
| 2003 | 3.4% | -54.4% |
| 2004 | 1.4% | -57.8% |
| 2005 | 14.9% | +953.1% |
| 2006 | -1.0% | -106.9% |
| 2007 | 1.2% | -215.7% |
| 2008 | -7.3% | -715.1% |
| 2009 | 15.1% | -307.9% |
| 2010 | 10.5% | -30.4% |
| 2011 | 4.1% | -61.2% |
| 2012 | -5.3% | -229.7% |
| 2013 | 0.2% | -103.5% |
| 2014 | 18.2% | +9579.2% |
| 2015 | 12.3% | -32.5% |
| 2016 | 8.1% | -33.8% |
| 2017 | 3.9% | -51.8% |
| 2018 | 8.5% | +117.7% |
| 2019 | 6.9% | -19.5% |
| 2020 | 9.1% | +32.6% |
| 2021 | -0.4% | -104.1% |
| 2022 | 0.6% | -248.3% |
| 2023 | -0.4% | -178.5% |
| 2024 | 11.8% | -2817.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.0% | -7.3% | 15.1% | 10 |
| 2010s | 6.8% | -5.3% | 18.2% | 10 |
| 2020s | 4.1% | -0.4% | 11.8% | 5 |
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 389,069 BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0002 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.1767 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 26.65 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 6.04 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0121 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 12.11 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 8.88 % change on previous year (2025)
Frequently asked questions
- What is annual growth of the general government final consumption expenditure in Guinea-Bissau?
- Annual growth of the general government final consumption expenditure in Guinea-Bissau was 11.8% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of the general government final consumption expenditure recorded in Guinea-Bissau?
- The highest recorded value was 18.2% in 2014.
- What is the lowest annual growth of the general government final consumption expenditure recorded in Guinea-Bissau?
- The lowest recorded value was -7.3% in 2008.
- How does Guinea-Bissau rank for annual growth of the general government final consumption expenditure?
- Guinea-Bissau ranks 11th out of 181 countries with data for 2024.
- Is annual growth of the general government final consumption expenditure rising or falling in Guinea-Bissau?
- Over the last ten years it is down 35.5%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual growth of the general government final consumption expenditure (%). Statizoid updates them automatically from the source API.
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