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Guinea-Bissau: Government deficit (% of GDP)

Percent of GDP · 1980–2024 · 45 observations · forecasts to 2031 · govdef_GDP

2024
−7.26%percent of GDP
Change on 2023
+0.9 pointsfrom −8.15%
Average, 2015–2024
−5.54%10 years
Record high and low
11.5% (1980)low −13.5% (1981)

Government deficit (% of GDP)

Report error
-15%-10%-5%0%5%10%15%198019902000201020202030Guinea-BissauGuinea-Bissau
ForecastPercent of GDP

Compare with other countries →Definition of Government deficit (% of GDP)

Recent values

Percent of GDP

YearValue
2031-2.98Forecast
2030-3.02Forecast
2029-2.97Forecast
2028-3.00Forecast
2027-3.55Forecast
2026-3.99Forecast
2025-6.69Forecast
2024-7.26
2023-8.15
2022-6.06
2021-5.88
2020-9.64
2019-3.86
2018-4.76
2017-1.32
2016-5.34
2015-3.16

Sources

This series is derived from other GMD variables.

Please cite: Müller, K., Xu, C., Lehbib, M., & Chen, Z. (2025). The Global Macro Database: A New International Macroeconomic Dataset. NBER Working Paper 33714. BibTeX →

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