Debt service as a proportion of exports of goods, services and in Guinea-Bissau
Guinea-Bissau: Debt service as a proportion of exports of goods, services and was 18.8% in 2023. ◆ Volatile
Latest (2023)
18.8%
Change on year
up 14.3%
World rank
8th
of 125 countries
All-time high
18.8%
in 2023
All-time low
1.2%
in 2013
Years of data
23
2001–2023
Debt service as a proportion of exports of goods, services and in Guinea-Bissau, 2001–2023
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for debt service as a proportion of exports of goods, services and in Guinea-Bissau is 18.8%, measured in 2023. That is the highest value across all 23 years on record.
The figure is up 14.3% on the previous year and up 1,456.5% over ten years.
Over the whole period, debt service as a proportion of exports of goods, services and in Guinea-Bissau peaked at 18.8% in 2023 and was at its lowest, 1.2%, in 2013.
Guinea-Bissau ranks 8th of 125 countries on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Debt service as a proportion of exports of goods, services and in Guinea-Bissau, year by year
| Year | Value | Change |
|---|---|---|
| 2001 | 6.4% | — |
| 2002 | 5.4% | -15.4% |
| 2003 | 10.5% | +94.0% |
| 2004 | 11.6% | +10.0% |
| 2005 | 6.6% | -43.2% |
| 2006 | 12.5% | +89.8% |
| 2007 | 7.4% | -41.2% |
| 2008 | 8.6% | +17.6% |
| 2009 | 12.9% | +49.6% |
| 2010 | 9.8% | -24.5% |
| 2011 | 2.0% | -79.7% |
| 2012 | 4.0% | +100.3% |
| 2013 | 1.2% | -69.5% |
| 2014 | 1.5% | +26.1% |
| 2015 | 1.4% | -7.8% |
| 2016 | 2.1% | +50.3% |
| 2017 | 4.0% | +90.5% |
| 2018 | 4.6% | +15.4% |
| 2019 | 6.0% | +29.9% |
| 2020 | 11.6% | +92.5% |
| 2021 | 12.6% | +8.8% |
| 2022 | 16.5% | +30.3% |
| 2023 | 18.8% | +14.3% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 18.8% is above the median for low income countries, which is 9.7%, 1.9× the median. (20 countries reporting)
- Guinea-Bissau's 18.8% is above the median for Sub-Saharan Africa, which is 9.0%, 2.1× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.1% | 5.4% | 12.9% | 9 |
| 2010s | 3.7% | 1.2% | 9.8% | 10 |
| 2020s | 14.9% | 11.6% | 18.8% | 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)
- 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 debt service as a proportion of exports of goods, services and in Guinea-Bissau?
- Debt service as a proportion of exports of goods, services and in Guinea-Bissau was 18.8% in 2023, according to United Nations Statistics Division, SDG Global Database.
- What is the highest debt service as a proportion of exports of goods, services and recorded in Guinea-Bissau?
- The highest recorded value was 18.8% in 2023.
- What is the lowest debt service as a proportion of exports of goods, services and recorded in Guinea-Bissau?
- The lowest recorded value was 1.2% in 2013.
- How does Guinea-Bissau rank for debt service as a proportion of exports of goods, services and?
- Guinea-Bissau ranks 8th out of 125 countries with data for 2023.
- Is debt service as a proportion of exports of goods, services and rising or falling in Guinea-Bissau?
- Over the last ten years it is up 1,456.5%. 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 Debt service as a proportion of exports of goods, services and primary income (%). Statizoid updates them automatically from the source API.
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