Subsidies in Guinea-Bissau
Guinea-Bissau: Subsidies was 7.81 billion current LCU; from SNA in 2002. ◆ Volatile
Subsidies in Guinea-Bissau, 1984–2002
Source: World Bank national accounts data, and OECD National Accounts data files. Measured in current LCU; from SNA.
Analysis
In 2002, subsidies in Guinea-Bissau stood at 7.81 billion current LCU; from SNA.
The figure is down 15.1% on the previous year and up 1,278.0% over ten years.
Over the whole period, subsidies in Guinea-Bissau peaked at 9.20 billion current LCU; from SNA in 2001 and was at its lowest, 5.95 million current LCU; from SNA, in 1984.
Guinea-Bissau ranks 9th of 24 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.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 31.09 million current LCU; from SNA | 5.95 million current LCU; from SNA | 99.68 million current LCU; from SNA | 6 |
| 1990s | 1.79 billion current LCU; from SNA | 113.06 million current LCU; from SNA | 4.40 billion current LCU; from SNA | 10 |
| 2000s | 7.24 billion current LCU; from SNA | 4.70 billion current LCU; from SNA | 9.20 billion current LCU; from SNA | 3 |
Countries ranked near Guinea-Bissau
- 6 Togo 18.00 billion current LCU; from SNA compare
- 7 Guinea 14.10 billion current LCU; from SNA compare
- 8 South Africa 13.10 billion current LCU; from SNA
- 10 Mauritius 1.14 billion current LCU; from SNA compare
- 11 Botswana 547.30 million current LCU; from SNA compare
- 12 Namibia 244.00 million current LCU; from SNA compare
More economy & growth data for Guinea-Bissau
- Gdp worldbank constant usd, annual growth rate 5.82 % change on previous year (2025)
- Gdp worldbank constant usd, per unit of GDP 0.7242 units per US$ of GDP (2025)
- Gdp worldbank constant usd, per capita 813.83 units per person (2025)
- Manufacturing value added to gdp, per unit of GDP 0 units per US$ of GDP (2025)
- Manufacturing value added to gdp, per capita 0 units per person (2025)
- External balance on goods and services as a percent of gdp -13.15 (2025)
- Inflation of consumer prices 0.8749 (2025)
- Gdp per capita worldbank constant usd 813.83 (2025)
- Manufacturing value added to gdp 8.6 (2025)
- Gdp worldbank constant usd 1.83 billion (2025)
Frequently asked questions
- What is subsidies in Guinea-Bissau?
- Subsidies in Guinea-Bissau was 7.81 billion current LCU; from SNA in 2002, according to World Bank national accounts data, and OECD National Accounts data files.
- What is the highest subsidies recorded in Guinea-Bissau?
- The highest recorded value was 9.20 billion current LCU; from SNA in 2001.
- What is the lowest subsidies recorded in Guinea-Bissau?
- The lowest recorded value was 5.95 million current LCU; from SNA in 1984.
- How does Guinea-Bissau rank for subsidies?
- Guinea-Bissau ranks 9th out of 24 countries with data for 2002.
- Is subsidies rising or falling in Guinea-Bissau?
- Over the last ten years it is up 1,278.0%. 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 Subsidies (current LCU; from SNA). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units make to enterprises, resident producers and importers. Subsidies may be designed to influence enterprises level or type of production, or the prices at which the products are sold. (Capital grants are in the national accounts classified as capital transfers.) Subsidies consists of ‘subsidies on products’, subsidies payable per unit of a good or a service, and ‘other subsidies on production’, which cover all other subsidies enterprises receives as a consequence of engaging in production. Data are in current local currency.