Guinea Bissau recorded a government debt equivalent to 36.50 percent of the country's Gross Domestic Product in 2019. source: Central Bank of West African States (BCEAO)

Government Debt to GDP in Guinea Bissau averaged 101.63 percent from 2000 until 2019, reaching an all time high of 209.50 percent in 2002 and a record low of 18.10 percent in 2011. This page provides - Guinea Bissau Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guinea Bissau Government Debt to GDP - values, historical data and charts - was last updated on September of 2021.

Government Debt to GDP in Guinea Bissau is expected to reach 42.00 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guinea Bissau Government Debt to GDP is projected to trend around 40.00 percent of GDP in 2022 and 37.00 percent of GDP in 2023, according to our econometric models.

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Guinea Bissau Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
36.50 27.40 209.50 18.10 2000 - 2019 percent of GDP Yearly

Guinea Bissau Government Last Previous Highest Lowest Unit
Government Debt to GDP 36.50 27.40 209.50 18.10 percent of GDP [+]
Government Budget -7.80 -4.60 3.60 -9.50 percent of GDP [+]
Credit Rating 15.00 [+]

Guinea Bissau Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.