Services, Debit/Expenditure in Guinea-Bissau
Guinea-Bissau: Services, Debit/Expenditure was 189.45 million in 2023. ▲ Rising
Services, Debit/Expenditure in Guinea-Bissau, 2005–2023
Source: International Monetary Fund.
Analysis
Guinea-Bissau recorded 189.45 million for services, debit/expenditure in 2023. That is the highest value across all 19 years on record.
The figure is up 5.8% on the previous year and up 117.2% over ten years.
Over the whole period, services, debit/expenditure in Guinea-Bissau peaked at 189.45 million in 2023 and was at its lowest, 39.58 million, in 2006.
Guinea-Bissau ranks 184th of 198 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 19 years of available data.
Services, Debit/Expenditure in Guinea-Bissau, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 41.74 million | — |
| 2006 | 39.58 million | -5.2% |
| 2007 | 68.24 million | +72.4% |
| 2008 | 85.18 million | +24.8% |
| 2009 | 86.88 million | +2.0% |
| 2010 | 102.56 million | +18.0% |
| 2011 | 99.71 million | -2.8% |
| 2012 | 72.51 million | -27.3% |
| 2013 | 87.23 million | +20.3% |
| 2014 | 116.49 million | +33.6% |
| 2015 | 130.85 million | +12.3% |
| 2016 | 138.63 million | +5.9% |
| 2017 | 155.15 million | +11.9% |
| 2018 | 165.88 million | +6.9% |
| 2019 | 166.99 million | +0.7% |
| 2020 | 132.11 million | -20.9% |
| 2021 | 168.29 million | +27.4% |
| 2022 | 179.09 million | +6.4% |
| 2023 | 189.45 million | +5.8% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 189.45 million is below the median for low income countries, which is 1.45 billion, 13% of the median. (20 countries reporting)
- Guinea-Bissau's 189.45 million is below the median for Sub-Saharan Africa, which is 1.66 billion, 11% of the median. (43 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 64.32 million | 39.58 million | 86.88 million | 5 |
| 2010s | 123.60 million | 72.51 million | 166.99 million | 10 |
| 2020s | 167.23 million | 132.11 million | 189.45 million | 4 |
Countries ranked near Guinea-Bissau
More trade data for Guinea-Bissau
- Commodity Net Export Price Index, Individual Commodities Weighted by 117.59 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 101.41 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.22 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 92.66 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.85 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 68.93 (2025)
- Imports of low carbon technology products, Percent of GDP 0.1969 (2018)
- Imports of low carbon technology products, US dollar (World), per 1.59 units per person (2018)
- Imports of low carbon technology products, US dollar (World), per 0.002 units per US$ of GDP (2018)
- Imports of low carbon technology products, US dollar (World), gaps 3.06 million (2018)
Frequently asked questions
- What is services, debit/expenditure in Guinea-Bissau?
- Services, debit/expenditure in Guinea-Bissau was 189.45 million in 2023, according to International Monetary Fund.
- What is the highest services, debit/expenditure recorded in Guinea-Bissau?
- The highest recorded value was 189.45 million in 2023.
- What is the lowest services, debit/expenditure recorded in Guinea-Bissau?
- The lowest recorded value was 39.58 million in 2006.
- How does Guinea-Bissau rank for services, debit/expenditure?
- Guinea-Bissau ranks 184th out of 198 countries with data for 2023.
- Is services, debit/expenditure rising or falling in Guinea-Bissau?
- Over the last ten years it is up 117.2%. The long-run trend across the full record is rising.
- Where does this Guinea-Bissau data come from?
- The figures come from International Monetary Fund, published as part of Services, Debit/Expenditure (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.