Subsidies and other transfers in Guinea-Bissau
Guinea-Bissau: Subsidies and other transfers was 38.43 billion current LCU in 2024. ▲ Rising
Subsidies and other transfers in Guinea-Bissau, 2017–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for subsidies and other transfers in Guinea-Bissau is 38.43 billion current LCU, measured in 2024. That is the highest value across all 8 years on record.
The figure is up 64.5% on the previous year and up 207.2% over ten years.
That places Guinea-Bissau 93rd out of 153 countries with data for 2024, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 19.24 billion current LCU | 12.51 billion current LCU | 26.91 billion current LCU | 3 |
| 2020s | 23.96 billion current LCU | 17.24 billion current LCU | 38.43 billion current LCU | 5 |
Countries ranked near Guinea-Bissau
More public sector data for Guinea-Bissau
- Arms imports 5.00 million SIPRI trend indicator values (1993)
- Tax revenue 8.3% (2024)
- Taxes on income, profits and capital gains 19.0% (2024)
- Taxes on goods and services 25.8% (2024)
- Net investment in nonfinancial assets 5.3% (2024)
- Net lending (+) / net borrowing (-) -8.0% (2024)
- Interest payments 21.0% (2024)
- Grants and other revenue 35.6% (2024)
- Interest payments 14.9% (2023)
- Other taxes 3.6% (2024)
Frequently asked questions
- What is subsidies and other transfers in Guinea-Bissau?
- Subsidies and other transfers in Guinea-Bissau was 38.43 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Guinea-Bissau?
- The highest recorded value was 38.43 billion current LCU in 2024.
- What is the lowest subsidies and other transfers recorded in Guinea-Bissau?
- The lowest recorded value was 12.51 billion current LCU in 2017.
- How does Guinea-Bissau rank for subsidies and other transfers?
- Guinea-Bissau ranks 93rd out of 153 countries with data for 2024.
- Is subsidies and other transfers rising or falling in Guinea-Bissau?
- Over the last ten years it is up 207.2%. The long-run trend across the full record is rising.
- Where does this Guinea-Bissau data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Subsidies and other transfers (current LCU). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.