Taxes on incomes of individuals and corporations as share of GDP in Guinea-Bissau
Guinea-Bissau: Taxes on incomes of individuals and corporations as share of GDP was 2.9% in 2023. ◆ Volatile
Latest (2023)
2.9%
Change on year
down 6.0%
World rank
159th
of 184 countries
All-time high
3.1%
in 2022
All-time low
0.2%
in 1992
Years of data
30
1980–2023
Taxes on incomes of individuals and corporations as share of GDP in Guinea-Bissau, 1980–2023
Source: UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data. Measured in %.
Analysis
In 2023, taxes on incomes of individuals and corporations as share of gdp in Guinea-Bissau stood at 2.9%.
That represents a change of down 6.0% on the previous year and up 54.6% over ten years.
Over the whole period, taxes on incomes of individuals and corporations as share of gdp in Guinea-Bissau peaked at 3.1% in 2022 and was at its lowest, 0.2%, in 1992.
Guinea-Bissau ranks 159th of 184 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Taxes on incomes of individuals and corporations as share of GDP in Guinea-Bissau, year by year
| Year | % | Change |
|---|---|---|
| 1980 | 1.1% | — |
| 1981 | 1.0% | -11.0% |
| 1982 | 0.7% | -25.5% |
| 1983 | 0.7% | -6.6% |
| 1984 | 0.8% | +12.9% |
| 1985 | 0.8% | +4.0% |
| 1986 | 0.6% | -28.4% |
| 1987 | 0.5% | -18.3% |
| 1988 | 0.4% | -18.4% |
| 1989 | 0.5% | +26.9% |
| 1990 | 0.7% | +41.4% |
| 1991 | 0.2% | -64.7% |
| 1992 | 0.2% | -18.3% |
| 1993 | 0.3% | +38.1% |
| 1994 | 0.5% | +95.6% |
| 1995 | 0.3% | -39.5% |
| 1996 | 0.4% | +9.8% |
| 1997 | 0.5% | +35.9% |
| 1998 | 0.2% | -49.7% |
| 1999 | 0.5% | +104.6% |
| 2000 | 1.1% | +123.8% |
| 2001 | 0.9% | -19.7% |
| 2002 | 0.7% | -22.7% |
| 2003 | 0.9% | +29.3% |
| 2004 | 0.9% | +2.1% |
| 2005 | 1.2% | +30.6% |
| 2011 | 1.9% | +54.9% |
| 2019 | 2.7% | +46.4% |
| 2022 | 3.1% | +12.3% |
| 2023 | 2.9% | -6.0% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 2.9% is below the median for low income countries, which is 4.1%, 70% of the median. (21 countries reporting)
- Guinea-Bissau's 2.9% is below the median for Sub-Saharan Africa, which is 4.7%, 61% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.7% | 0.4% | 1.1% | 10 |
| 1990s | 0.4% | 0.2% | 0.7% | 10 |
| 2000s | 1.0% | 0.7% | 1.2% | 6 |
| 2010s | 2.3% | 1.9% | 2.7% | 2 |
| 2020s | 3.0% | 2.9% | 3.1% | 2 |
Countries ranked near Guinea-Bissau
- 156 Madagascar 2.9% compare
- 157 Mauritania 2.9% compare
- 158 Sierra Leone 2.9% compare
- 160 Macao 2.7% compare
- 161 Niger 2.7% compare
- 162 Congo 2.7% compare
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 taxes on incomes of individuals and corporations as share of gdp in Guinea-Bissau?
- Taxes on incomes of individuals and corporations as share of gdp in Guinea-Bissau was 2.9% in 2023, according to UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data.
- What is the highest taxes on incomes of individuals and corporations as share of gdp recorded in Guinea-Bissau?
- The highest recorded value was 3.1% in 2022.
- What is the lowest taxes on incomes of individuals and corporations as share of gdp recorded in Guinea-Bissau?
- The lowest recorded value was 0.2% in 1992.
- How does Guinea-Bissau rank for taxes on incomes of individuals and corporations as share of gdp?
- Guinea-Bissau ranks 159th out of 184 countries with data for 2023.
- Is taxes on incomes of individuals and corporations as share of gdp rising or falling in Guinea-Bissau?
- Over the last ten years it is up 54.6%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau data come from?
- The figures come from UNU-WIDER Government Revenue Dataset (2025) – with major processing by Our World in Data, published as part of Taxes on incomes of individuals and corporations as share of GDP. Statizoid updates them automatically from the source API.
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About this data
Tax revenue on incomes, profits and capital gains divided by gross domestic product, expressed as a percentage.