Income share held by highest 20% in Guinea-Bissau
Guinea-Bissau: Income share held by highest 20% was 41.6% in 2021. ▼ Falling
Income share held by highest 20% in Guinea-Bissau, 1991–2021
Source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
Analysis
Guinea-Bissau recorded 41.6% for income share held by highest 20% in 2021. That is the lowest value across all 6 years on record.
The figure is down 3.3% on the previous year and down 26.6% over ten years.
Over the whole period, income share held by highest 20% in Guinea-Bissau peaked at 58.8% in 1991 and was at its lowest, 41.6%, in 2021.
That places Guinea-Bissau 61st out of 121 countries with data for 2021, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 54.2% | 49.6% | 58.8% | 2 |
| 2000s | 43.1% | 43.1% | 43.1% | 1 |
| 2010s | 49.9% | 43.0% | 56.7% | 2 |
| 2020s | 41.6% | 41.6% | 41.6% | 1 |
Countries ranked near Guinea-Bissau
More poverty & inequality data for Guinea-Bissau
- Poverty headcount ratio at $8.30 a day (2021 PPP) 91.4% (2021)
- Poverty headcount ratio at $4.20 a day (2021 PPP) 62.1% (2021)
- Poverty headcount ratio at $3.00 a day (2021 PPP) 39.9% (2021)
- Poverty gap at $3.00 a day (2021 PPP) 11.5% (2021)
- Prosperity gap 9.1 average shortfall from a prosperity standard of $28/day (2021)
- Poverty gap at $8.30 a day (2021 PPP) 51.7% (2021)
- Poverty headcount ratio at societal poverty line 40.4% (2021)
- Poverty gap at $4.20 a day (2021 PPP) 23.1% (2021)
- Population living in slums 59.0% (2022)
- Income share held by second 20% 11.9% (2021)
Frequently asked questions
- What is income share held by highest 20% in Guinea-Bissau?
- Income share held by highest 20% in Guinea-Bissau was 41.6% in 2021, according to World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ.
- What is the highest income share held by highest 20% recorded in Guinea-Bissau?
- The highest recorded value was 58.8% in 1991.
- What is the lowest income share held by highest 20% recorded in Guinea-Bissau?
- The lowest recorded value was 41.6% in 2021.
- How does Guinea-Bissau rank for income share held by highest 20%?
- Guinea-Bissau ranks 61st out of 121 countries with data for 2021.
- Is income share held by highest 20% rising or falling in Guinea-Bissau?
- Over the last ten years it is down 26.6%. The long-run trend across the full record is falling.
- Where does this Guinea-Bissau data come from?
- The figures come from World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income econ, published as part of Income share held by highest 20%. Statizoid updates them automatically from the source API.
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About this data
Percentage share of income or consumption is the share that accrues to subgroups of population indicated by deciles or quintiles. Percentage shares by quintile may not sum to 100 because of rounding.