Taxes less subsidies on products in Guinea-Bissau
Guinea-Bissau: Taxes less subsidies on products was 59.56 billion constant LCU in 2025. ▲ Rising
Taxes less subsidies on products in Guinea-Bissau, 1997–2025
Source: Country official statistics, National Statistical Organizations and/or Central Banks. Measured in constant LCU.
Analysis
The most recent figure for taxes less subsidies on products in Guinea-Bissau is 59.56 billion constant LCU, measured in 2025. That is the highest value across all 29 years on record.
The figure is up 7.5% on the previous year and up 28.4% over ten years.
Over the whole period, taxes less subsidies on products in Guinea-Bissau peaked at 59.56 billion constant LCU in 2025 and was at its lowest, 22.03 billion constant LCU, in 1998.
Guinea-Bissau ranks 83rd of 189 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 29 years of available data.
Taxes less subsidies on products in Guinea-Bissau, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1997 | 41.89 billion constant LCU | — |
| 1998 | 22.03 billion constant LCU | -47.4% |
| 1999 | 26.51 billion constant LCU | +20.3% |
| 2000 | 35.59 billion constant LCU | +34.2% |
| 2001 | 33.33 billion constant LCU | -6.3% |
| 2002 | 27.93 billion constant LCU | -16.2% |
| 2003 | 26.73 billion constant LCU | -4.3% |
| 2004 | 30.04 billion constant LCU | +12.4% |
| 2005 | 32.80 billion constant LCU | +9.2% |
| 2006 | 35.42 billion constant LCU | +8.0% |
| 2007 | 38.09 billion constant LCU | +7.5% |
| 2008 | 39.75 billion constant LCU | +4.3% |
| 2009 | 40.41 billion constant LCU | +1.7% |
| 2010 | 40.29 billion constant LCU | -0.3% |
| 2011 | 47.73 billion constant LCU | +18.5% |
| 2012 | 47.47 billion constant LCU | -0.6% |
| 2013 | 38.36 billion constant LCU | -19.2% |
| 2014 | 41.10 billion constant LCU | +7.2% |
| 2015 | 46.37 billion constant LCU | +12.8% |
| 2016 | 45.76 billion constant LCU | -1.3% |
| 2017 | 44.47 billion constant LCU | -2.8% |
| 2018 | 46.03 billion constant LCU | +3.5% |
| 2019 | 43.42 billion constant LCU | -5.7% |
| 2020 | 39.36 billion constant LCU | -9.3% |
| 2021 | 46.00 billion constant LCU | +16.9% |
| 2022 | 50.45 billion constant LCU | +9.7% |
| 2023 | 53.23 billion constant LCU | +5.5% |
| 2024 | 55.41 billion constant LCU | +4.1% |
| 2025 | 59.56 billion constant LCU | +7.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 30.14 billion constant LCU | 22.03 billion constant LCU | 41.89 billion constant LCU | 3 |
| 2000s | 34.01 billion constant LCU | 26.73 billion constant LCU | 40.41 billion constant LCU | 10 |
| 2010s | 44.10 billion constant LCU | 38.36 billion constant LCU | 47.73 billion constant LCU | 10 |
| 2020s | 50.67 billion constant LCU | 39.36 billion constant LCU | 59.56 billion constant LCU | 6 |
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 capital formation (constant 2015 US$), annual growth rate -6.36 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1301 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 146.25 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 12.28 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.2701 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 303.56 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 7.75 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 157.2 current LCU per US$ of GDP (2025)
Frequently asked questions
- What is taxes less subsidies on products in Guinea-Bissau?
- Taxes less subsidies on products in Guinea-Bissau was 59.56 billion constant LCU in 2025, according to Country official statistics, National Statistical Organizations and/or Central Banks.
- What is the highest taxes less subsidies on products recorded in Guinea-Bissau?
- The highest recorded value was 59.56 billion constant LCU in 2025.
- What is the lowest taxes less subsidies on products recorded in Guinea-Bissau?
- The lowest recorded value was 22.03 billion constant LCU in 1998.
- How does Guinea-Bissau rank for taxes less subsidies on products?
- Guinea-Bissau ranks 83rd out of 189 countries with data for 2025.
- Is taxes less subsidies on products rising or falling in Guinea-Bissau?
- Over the last ten years it is up 28.4%. The long-run trend across the full record is rising.
- Where does this Guinea-Bissau data come from?
- The figures come from Country official statistics, National Statistical Organizations and/or Central Banks, published as part of Taxes less subsidies on products (constant LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 29 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Taxes less subsidies on products are taxes payable per unit of a good or service. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.