Gross savings (current LCU), annual growth rate in Guinea-Bissau
Guinea-Bissau: Gross savings (current LCU), annual growth rate was 10.09 % change on previous year in 2024. ◆ Volatile
Gross savings (current LCU), annual growth rate in Guinea-Bissau, 1983–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross savings (current lcu), annual growth rate in Guinea-Bissau is 10.09 % change on previous year, measured in 2024.
The figure is down 77.5% on the previous year and down 91.7% over ten years.
Over the whole period, gross savings (current lcu), annual growth rate in Guinea-Bissau peaked at 777.23 % change on previous year in 1990 and was at its lowest, -184.25 % change on previous year, in 1997.
Guinea-Bissau ranks 70th of 177 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross savings (current LCU), annual growth rate in Guinea-Bissau, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1983 | 15.47 % change on previous year | — |
| 1984 | 32.52 % change on previous year | +110.2% |
| 1986 | 91.14 % change on previous year | +180.3% |
| 1988 | 74.45 % change on previous year | -18.3% |
| 1989 | -73.89 % change on previous year | -199.2% |
| 1990 | 777.23 % change on previous year | -1151.9% |
| 1991 | -65.07 % change on previous year | -108.4% |
| 1992 | 243.37 % change on previous year | -474.0% |
| 1993 | 237.16 % change on previous year | -2.6% |
| 1994 | -15.38 % change on previous year | -106.5% |
| 1995 | 16.43 % change on previous year | -206.8% |
| 1996 | 120.32 % change on previous year | +632.3% |
| 1997 | -184.25 % change on previous year | -253.1% |
| 2002 | 342.68 % change on previous year | -286.0% |
| 2003 | 57.28 % change on previous year | -83.3% |
| 2004 | -31.68 % change on previous year | -155.3% |
| 2005 | -49.48 % change on previous year | +56.2% |
| 2006 | -103.31 % change on previous year | +108.8% |
| 2008 | -40.77 % change on previous year | -60.5% |
| 2009 | 49.24 % change on previous year | -220.8% |
| 2010 | 21.28 % change on previous year | -56.8% |
| 2011 | 51.42 % change on previous year | +141.6% |
| 2012 | -46.83 % change on previous year | -191.1% |
| 2013 | 60.16 % change on previous year | -228.5% |
| 2014 | 122.07 % change on previous year | +102.9% |
| 2015 | 16.03 % change on previous year | -86.9% |
| 2016 | 2.22 % change on previous year | -86.2% |
| 2017 | 41.63 % change on previous year | +1778.3% |
| 2018 | -16.25 % change on previous year | -139.0% |
| 2019 | -2.41 % change on previous year | -85.2% |
| 2020 | 70.87 % change on previous year | -3041.8% |
| 2021 | -6.2 % change on previous year | -108.7% |
| 2022 | -26.49 % change on previous year | +327.5% |
| 2023 | 44.82 % change on previous year | -269.2% |
| 2024 | 10.09 % change on previous year | -77.5% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 10.09 % change on previous year is below the median for low income countries, which is 28.3 % change on previous year, 36% of the median. (20 countries reporting)
- Guinea-Bissau's 10.09 % change on previous year is below the median for Sub-Saharan Africa, which is 12.85 % change on previous year, 78% of the median. (43 countries reporting)
Biggest year-on-year movements
Years where Gross savings (current LCU), annual growth rate in Guinea-Bissau changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2020 | +3041.8% | -2.41 % change on previous year | 70.87 % change on previous year |
| 2017 | +1778.3% | 2.22 % change on previous year | 41.63 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 27.94 % change on previous year | -73.89 % change on previous year | 91.14 % change on previous year | 5 |
| 1990s | 141.23 % change on previous year | -184.25 % change on previous year | 777.23 % change on previous year | 8 |
| 2000s | 31.99 % change on previous year | -103.31 % change on previous year | 342.68 % change on previous year | 7 |
| 2010s | 24.93 % change on previous year | -46.83 % change on previous year | 122.07 % change on previous year | 10 |
| 2020s | 18.62 % change on previous year | -26.49 % change on previous year | 70.87 % change on previous year | 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 gross savings (current lcu), annual growth rate in Guinea-Bissau?
- Gross savings (current lcu), annual growth rate in Guinea-Bissau was 10.09 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross savings (current lcu), annual growth rate recorded in Guinea-Bissau?
- The highest recorded value was 777.23 % change on previous year in 1990.
- What is the lowest gross savings (current lcu), annual growth rate recorded in Guinea-Bissau?
- The lowest recorded value was -184.25 % change on previous year in 1997.
- How does Guinea-Bissau rank for gross savings (current lcu), annual growth rate?
- Guinea-Bissau ranks 70th out of 177 countries with data for 2024.
- Is gross savings (current lcu), annual growth rate rising or falling in Guinea-Bissau?
- Over the last ten years it is down 91.7%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau data come from?
- The figures come from Statizoid (derived), published as part of Gross savings (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 35 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross savings Country official statistics, National Statistical Offices (NSOs)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross savings (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.