Short-term debt in Guinea-Bissau
Guinea-Bissau: Short-term debt was 0.2% in 2024. ◆ Volatile
Short-term debt in Guinea-Bissau, 2001–2024
Source: International Debt Statistics, World Bank (WB). Measured in % of exports of goods, services and primary income.
Analysis
Guinea-Bissau recorded 0.2% for short-term debt in 2024. That is the lowest value across all 24 years on record.
That represents a change of down 47.7% on the previous year and down 96.9% over ten years.
Over the whole period, short-term debt in Guinea-Bissau peaked at 181.2% in 2002 and was at its lowest, 0.2%, in 2024.
That places Guinea-Bissau 113th out of 119 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Short-term debt in Guinea-Bissau, year by year
| Year | % of exports of goods, services and primary income | Change |
|---|---|---|
| 2001 | 145.2% | — |
| 2002 | 181.2% | +24.7% |
| 2003 | 169.3% | -6.5% |
| 2004 | 142.2% | -16.0% |
| 2005 | 126.7% | -10.9% |
| 2006 | 162.2% | +28.0% |
| 2007 | 106.1% | -34.6% |
| 2008 | 85.1% | -19.8% |
| 2009 | 86.1% | +1.1% |
| 2010 | 49.9% | -42.0% |
| 2011 | 6.7% | -86.6% |
| 2012 | 13.4% | +100.2% |
| 2013 | 9.9% | -26.0% |
| 2014 | 7.2% | -27.1% |
| 2015 | 11.9% | +64.0% |
| 2016 | 5.5% | -53.7% |
| 2017 | 1.2% | -78.4% |
| 2018 | 3.2% | +173.3% |
| 2019 | 8.4% | +158.1% |
| 2020 | 10.7% | +28.1% |
| 2021 | 9.5% | -11.7% |
| 2022 | 0.4% | -95.8% |
| 2023 | 0.4% | +7.3% |
| 2024 | 0.2% | -47.7% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 0.2% is below the median for low income countries, which is 4.9%, 5% of the median. (21 countries reporting)
- Guinea-Bissau's 0.2% is below the median for Sub-Saharan Africa, which is 9.1%, 2% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 133.8% | 85.1% | 181.2% | 9 |
| 2010s | 11.7% | 1.2% | 49.9% | 10 |
| 2020s | 4.3% | 0.2% | 10.7% | 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 short-term debt in Guinea-Bissau?
- Short-term debt in Guinea-Bissau was 0.2% in 2024, according to International Debt Statistics, World Bank (WB).
- What is the highest short-term debt recorded in Guinea-Bissau?
- The highest recorded value was 181.2% in 2002.
- What is the lowest short-term debt recorded in Guinea-Bissau?
- The lowest recorded value was 0.2% in 2024.
- How does Guinea-Bissau rank for short-term debt?
- Guinea-Bissau ranks 113th out of 119 countries with data for 2024.
- Is short-term debt rising or falling in Guinea-Bissau?
- Over the last ten years it is down 96.9%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau data come from?
- The figures come from International Debt Statistics, World Bank (WB), published as part of Short-term debt (% of exports of goods, services and primary income). Statizoid updates them automatically from the source API.
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CSV · JSON — 24 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Short-term external debt is defined as debt that has an original maturity of one year or less. Available data permit no distinction between public and private nonguaranteed short-term debt. Exports of goods, services and primary income is the sum of goods (merchandise) exports, exports of (nonfactor) services and income (factor) receipts.