Guinea-Bissau: Government spending, percent of GDP

* indicates monthly or quarterly data series

Government spending as percent of GDP

 Latest value 16.51
 Year 2020
 Measure percent
 Data availability 1970 - 2020
 Average 14.75
 Min - Max 6.41 - 29.44
 Source The World Bank
For that indicator, we provide data for Guinea-Bissau from 1970 to 2020. The average value for Guinea-Bissau during that period was 14.75 percent with a minimum of 6.41 percent in 1995 and a maximum of 29.44 percent in 1982. The latest value from 2020 is 16.51 percent. For comparison, the world average in 2020 based on 160 countries is 18.02 percent. See the global rankings for that indicator or use the country comparator to compare trends over time.
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* indicates monthly or quarterly data series

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

Historical chart
Guinea-Bissau - Government spending, percent of GDP - historical chart - 1970-2020

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.

 Related indicators Latest value Reference Measure
 Government spending, percent of GDP 16.51 2020 percent
 Government spending, in dollars 0.24 2020 billion U.S. dollars
 Fiscal balance, percent of GDP -6.30 2022 percent
 Government debt 80.35 2022 percent
 Tax revenue 9.46 2019 percent
 Commercial tax rate 45.50 2019 percent
 Tax preparation time 218 2019 hours
 Number of taxes 46 2019 taxes
 Taxes on goods and services 23.41 2019 percent
 Taxes on international trade 18.22 2019 percent
 Income and profits taxes 18.49 2019 percent
 Foreign aid 166.12 2021 million U.S. dollars
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