Gross domestic savings, private in Guinea-Bissau
Guinea-Bissau: Gross domestic savings, private was -4.70 billion current LCU in 2002. ◆ Volatile
Latest (2002)
-4.70 billion current LCU
Change on year
up 59.6%
World rank
23rd
of 26 countries
All-time high
9.36 billion current LCU
in 2000
All-time low
-11.61 billion current LCU
in 2001
Years of data
33
1970–2002
Gross domestic savings, private in Guinea-Bissau, 1970–2002
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU.
Analysis
In 2002, gross domestic savings, private in Guinea-Bissau stood at -4.70 billion current LCU.
Compared with earlier readings it is up 59.6% on the previous year and down 329.9% over ten years.
Over the whole period, gross domestic savings, private in Guinea-Bissau peaked at 9.36 billion current LCU in 2000 and was at its lowest, -11.61 billion current LCU, in 2001.
Guinea-Bissau ranks 23rd of 26 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings, private in Guinea-Bissau, year by year
| Year | current LCU | Change |
|---|---|---|
| 1970 | 1.46 million current LCU | — |
| 1971 | -910,772 current LCU | -162.3% |
| 1972 | -4.02 million current LCU | +341.9% |
| 1973 | -7.26 million current LCU | +80.5% |
| 1974 | -10.46 million current LCU | +44.0% |
| 1975 | -3.72 million current LCU | -64.4% |
| 1976 | -4.74 million current LCU | +27.2% |
| 1977 | -2.49 million current LCU | -47.5% |
| 1978 | -5.64 million current LCU | +126.5% |
| 1979 | -11.24 million current LCU | +99.4% |
| 1980 | -826,154 current LCU | -92.7% |
| 1981 | 1.25 million current LCU | -250.8% |
| 1982 | -6.43 million current LCU | -616.1% |
| 1983 | -5.29 million current LCU | -17.7% |
| 1984 | 37.00 million current LCU | -799.1% |
| 1985 | 13.85 million current LCU | -62.6% |
| 1986 | -46.00 million current LCU | -432.2% |
| 1987 | 180.57 million current LCU | -492.5% |
| 1988 | 251.20 million current LCU | +39.1% |
| 1989 | 539.04 million current LCU | +114.6% |
| 1990 | -8.09 million current LCU | -101.5% |
| 1991 | 1.20 billion current LCU | -14945.9% |
| 1992 | 2.04 billion current LCU | +70.1% |
| 1993 | 4.02 billion current LCU | +97.0% |
| 1994 | 2.83 billion current LCU | -29.6% |
| 1995 | 1.06 billion current LCU | -62.7% |
| 1996 | 5.59 billion current LCU | +429.9% |
| 1997 | 8.05 billion current LCU | +43.9% |
| 1998 | 4.04 billion current LCU | -49.8% |
| 1999 | 6.83 billion current LCU | +68.9% |
| 2000 | 9.36 billion current LCU | +37.1% |
| 2001 | -11.61 billion current LCU | -224.1% |
| 2002 | -4.70 billion current LCU | -59.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -4.90 million current LCU | -11.24 million current LCU | 1.46 million current LCU | 10 |
| 1980s | 96.44 million current LCU | -46.00 million current LCU | 539.04 million current LCU | 10 |
| 1990s | 3.56 billion current LCU | -8.09 million current LCU | 8.05 billion current LCU | 10 |
| 2000s | -2.32 billion current LCU | -11.61 billion current LCU | 9.36 billion current LCU | 3 |
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)
- Services, value added (constant LCU), per capita 218,265 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 4.32 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 14.63 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9544 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 1,073 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 10.01 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 555.41 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 624,155 current LCU per person (2025)
Frequently asked questions
- What is gross domestic savings, private in Guinea-Bissau?
- Gross domestic savings, private in Guinea-Bissau was -4.70 billion current LCU in 2002, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest gross domestic savings, private recorded in Guinea-Bissau?
- The highest recorded value was 9.36 billion current LCU in 2000.
- What is the lowest gross domestic savings, private recorded in Guinea-Bissau?
- The lowest recorded value was -11.61 billion current LCU in 2001.
- How does Guinea-Bissau rank for gross domestic savings, private?
- Guinea-Bissau ranks 23rd out of 26 countries with data for 2002.
- Is gross domestic savings, private rising or falling in Guinea-Bissau?
- Over the last ten years it is down 329.9%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau data come from?
- The figures come from World Bank national accounts data, and OECD National Accounts data files, published as part of Gross domestic savings, private (current LCU). Statizoid updates them automatically from the source API.
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About this data
Private sector’s gross domestic saving is derived as value added in private sector at factor cost less private consumption, etc. Data are in current local currency.