Gross domestic savings, private in Guinea-Bissau
Guinea-Bissau: Gross domestic savings, private was -6.74 million current US$ in 2002. ◆ Volatile
Latest (2002)
-6.74 million current US$
Change on year
up 57.5%
World rank
23rd
of 26 countries
All-time high
25.93 million current US$
in 1993
All-time low
-17.20 million current US$
in 1974
Years of data
33
1970–2002
Gross domestic savings, private in Guinea-Bissau, 1970–2002
Source: World Bank country economists. Measured in current US$.
Analysis
Guinea-Bissau recorded -6.74 million current US$ for gross domestic savings, private in 2002.
Compared with earlier readings it is up 57.5% on the previous year and down 135.2% over ten years.
Over the whole period, gross domestic savings, private in Guinea-Bissau peaked at 25.93 million current US$ in 1993 and was at its lowest, -17.20 million current US$, in 1974.
Guinea-Bissau ranks 23rd of 26 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross domestic savings, private in Guinea-Bissau, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 2.66 million current US$ | — |
| 1971 | -1.69 million current US$ | -163.5% |
| 1972 | -7.47 million current US$ | +341.9% |
| 1973 | -12.31 million current US$ | +64.7% |
| 1974 | -17.20 million current US$ | +39.7% |
| 1975 | -5.85 million current US$ | -66.0% |
| 1976 | -7.20 million current US$ | +23.1% |
| 1977 | -4.04 million current US$ | -43.8% |
| 1978 | -8.12 million current US$ | +100.9% |
| 1979 | -14.72 million current US$ | +81.2% |
| 1980 | -1.08 million current US$ | -92.7% |
| 1981 | 1.89 million current US$ | -275.3% |
| 1982 | -8.58 million current US$ | -554.6% |
| 1983 | -5.86 million current US$ | -31.7% |
| 1984 | 19.94 million current US$ | -440.3% |
| 1985 | 5.62 million current US$ | -71.8% |
| 1986 | -8.01 million current US$ | -242.4% |
| 1987 | 21.00 million current US$ | -362.1% |
| 1988 | 14.71 million current US$ | -29.9% |
| 1989 | 19.36 million current US$ | +31.6% |
| 1990 | -240,572 current US$ | -101.2% |
| 1991 | 21.33 million current US$ | -8968.2% |
| 1992 | 19.14 million current US$ | -10.3% |
| 1993 | 25.93 million current US$ | +35.5% |
| 1994 | 14.27 million current US$ | -45.0% |
| 1995 | 3.79 million current US$ | -73.4% |
| 1996 | 13.78 million current US$ | +263.1% |
| 1997 | 13.78 million current US$ | +0.0% |
| 1998 | 6.85 million current US$ | -50.3% |
| 1999 | 11.09 million current US$ | +61.8% |
| 2000 | 13.15 million current US$ | +18.6% |
| 2001 | -15.84 million current US$ | -220.5% |
| 2002 | -6.74 million current US$ | -57.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | -7.59 million current US$ | -17.20 million current US$ | 2.66 million current US$ | 10 |
| 1980s | 5.90 million current US$ | -8.58 million current US$ | 21.00 million current US$ | 10 |
| 1990s | 12.97 million current US$ | -240,572 current US$ | 25.93 million current US$ | 10 |
| 2000s | -3.14 million current US$ | -15.84 million current US$ | 13.15 million current US$ | 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)
- 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)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 5.74 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6856 constant 2015 US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 770.45 constant 2015 US$ per person (2025)
- Gross value added at basic prices (GVA) (constant LCU), annual growth 5.74 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant LCU), per unit of 405.33 constant LCU per US$ of GDP (2025)
Frequently asked questions
- What is gross domestic savings, private in Guinea-Bissau?
- Gross domestic savings, private in Guinea-Bissau was -6.74 million current US$ in 2002, according to World Bank country economists.
- What is the highest gross domestic savings, private recorded in Guinea-Bissau?
- The highest recorded value was 25.93 million current US$ in 1993.
- What is the lowest gross domestic savings, private recorded in Guinea-Bissau?
- The lowest recorded value was -17.20 million current US$ in 1974.
- 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 135.2%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau data come from?
- The figures come from World Bank country economists, published as part of Gross domestic savings, private (current US$). 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 U.S. dollars.