Guinea-Bissau: Tax revenue

* indicates monthly or quarterly data series
 Guinea-Bissau

Tax revenue, percent of GDP

 Latest value 9.46
 Year 2019
 Measure percent
 Data availability 2017 - 2019
 Average 9.89
 Min - Max 9.46 - 10.32
 Source The World Bank
For that indicator, we provide data for Guinea-Bissau from 2017 to 2019. The average value for Guinea-Bissau during that period was 9.89 percent with a minimum of 9.46 percent in 2019 and a maximum of 10.32 percent in 2017. The latest value from 2019 is 9.46 percent. For comparison, the world average in 2019 based on 128 countries is 17.05 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 - Tax revenue - recent values




Definition: Tax revenue refers to compulsory transfers to the central government for public purposes. Certain compulsory transfers such as fines, penalties, and most social security contributions are excluded. Refunds and corrections of erroneously collected tax revenue are treated as negative revenue.


 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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