Subsidies in Guinea-Bissau
Guinea-Bissau: Subsidies was 11.20 million current US$ in 2002. ◆ Volatile
Subsidies in Guinea-Bissau, 1984–2002
Source: World Bank country economists. Measured in current US$.
Analysis
In 2002, subsidies in Guinea-Bissau stood at 11.20 million current US$.
Compared with earlier readings it is down 10.7% on the previous year and up 110.9% over ten years.
Over the whole period, subsidies in Guinea-Bissau peaked at 12.55 million current US$ in 2001 and was at its lowest, 2.01 million current US$, in 1988.
That places Guinea-Bissau 12th out of 24 countries with data for 2002, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Subsidies in Guinea-Bissau, year by year
| Year | current US$ | Change |
|---|---|---|
| 1984 | 3.21 million current US$ | — |
| 1985 | 3.31 million current US$ | +3.0% |
| 1986 | 2.44 million current US$ | -26.3% |
| 1987 | 2.85 million current US$ | +17.0% |
| 1988 | 2.01 million current US$ | -29.7% |
| 1989 | 3.58 million current US$ | +78.4% |
| 1990 | 3.36 million current US$ | -6.1% |
| 1991 | 4.02 million current US$ | +19.6% |
| 1992 | 5.31 million current US$ | +32.1% |
| 1993 | 3.72 million current US$ | -29.9% |
| 1994 | 4.69 million current US$ | +26.0% |
| 1995 | 5.72 million current US$ | +21.8% |
| 1996 | 7.15 million current US$ | +25.1% |
| 1997 | 7.54 million current US$ | +5.4% |
| 1998 | 5.59 million current US$ | -25.8% |
| 1999 | 5.36 million current US$ | -4.2% |
| 2000 | 6.60 million current US$ | +23.2% |
| 2001 | 12.55 million current US$ | +90.1% |
| 2002 | 11.20 million current US$ | -10.7% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 11.20 million current US$ is above the median for Sub-Saharan Africa, which is 7.15 million current US$, 1.6× the median. (23 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.90 million current US$ | 2.01 million current US$ | 3.58 million current US$ | 6 |
| 1990s | 5.25 million current US$ | 3.36 million current US$ | 7.54 million current US$ | 10 |
| 2000s | 10.12 million current US$ | 6.60 million current US$ | 12.55 million current US$ | 3 |
Countries ranked near Guinea-Bissau
- 9 Mali 33.01 million current US$ compare
- 10 Guinea 14.44 million current US$ compare
- 11 Sierra Leone 13.51 million current US$ compare
- 13 Mozambique 7.15 million current US$ compare
- 14 Cameroon 0 current US$ compare
- 14 Chad 0 current US$
- 14 Comoros 0 current US$
- 14 Congo 0 current US$
- 14 Eritrea 0 current US$
- 14 Ethiopia 0 current US$ compare
- 14 Kenya 0 current US$ compare
- 14 Lesotho 0 current US$ compare
- 14 Malawi 0 current US$ compare
- 14 Rwanda 0 current US$
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$) 8.88 % change on previous year (2025)
Frequently asked questions
- What is subsidies in Guinea-Bissau?
- Subsidies in Guinea-Bissau was 11.20 million current US$ in 2002, according to World Bank country economists.
- What is the highest subsidies recorded in Guinea-Bissau?
- The highest recorded value was 12.55 million current US$ in 2001.
- What is the lowest subsidies recorded in Guinea-Bissau?
- The lowest recorded value was 2.01 million current US$ in 1988.
- How does Guinea-Bissau rank for subsidies?
- Guinea-Bissau ranks 12th out of 24 countries with data for 2002.
- Is subsidies rising or falling in Guinea-Bissau?
- Over the last ten years it is up 110.9%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau data come from?
- The figures come from World Bank country economists, published as part of Subsidies (current US$). 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 U.S. dollars.