Guinea-Bissau: Government spending, percent of GDP

* indicates monthly or quarterly data series
 Guinea-Bissau

Government spending as percent of GDP

 Latest value 17.05
 Year 2024
 Measure percent
 Data availability 1970 - 2024
 Average 16.69
 Min - Max 6.41 - 29.44
 Source The World Bank
The latest value from 2024 is 17.05 percent, an increase from 15.91 percent in 2023. In comparison, the world average is 15.06 percent, based on data from 120 countries. Historically, the average for Guinea-Bissau from 1970 to 2024 is 16.69 percent. The minimum value, 6.41 percent, was reached in 1995 while the maximum of 29.44 percent was recorded in 1982. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series


Recent data
Guinea-Bissau - Government spending, percent of GDP - Recent values chart

Historical series
Guinea-Bissau - Government spending, percent of GDP - historical chart - 1970-2024




The government size of Guinea-Bissau and other countries is calculated as the total government spending as percent of GDP.
Definition: General government final consumption expenditure (formerly general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.

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 Related indicators Latest Reference Measure
 Government spending, percent of GDP 17.05 2024 percent
 Government spending, in dollars 0.39 2025 billion U.S. dollars
 Fiscal balance, percent of GDP -7.26 2024 percent
 Primary budget balance -3.93 2024 percent
 Tax revenue 8.30 2024 percent
 Commercial tax rate 45.50 2019 percent
 Tax preparation time 218 2019 hours
 Taxes on goods and services 26.46 2023 percent
 Taxes on international trade 16.68 2023 percent
 Income and profits taxes 21.49 2023 percent
 Foreign aid 188.91 2023 million U.S. dollars
 Government debt 82.21 2024 percent
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