Guinea-Bissau: Financial development

The latest value from 2021 is 0.095 index points, unchanged from 0.095 index points in 2020. In comparison, the world average is 0.331 index points, based on data from 178 countries. Historically, the average for Guinea-Bissau from 1990 to 2021 is 0.05 index points. The minimum value, 0.022 index points, was reached in 1996 while the maximum of 0.095 index points was recorded in 2020. See the global rankings or world map for that indicator or use the country comparator to compare trends over time.

Definition: An index for overall financial development based on the two subindexes for financial institutions development and financial markets development. See the indicator menu and Svirydzenka, Katsiaryna (IMF, 2016) for more detail.