Australia vs Guinea-Bissau: Goods and services expense

Australia
69.37 billion current LCU
in 2022
Guinea-Bissau
57.26 billion current LCU
in 2024
Australia rank
66th
Guinea-Bissau rank
69th

Goods and services expense over time

  • Australia
  • Guinea-Bissau
20.0B40.0B60.0B199020072024

How they compare

Australia currently reports 69.37 billion current LCU against 57.26 billion current LCU in Guinea-Bissau, a difference of 12.11 billion current LCU.

That makes Australia's figure about 1.2 times Guinea-Bissau's.

Across all 6 years both countries report, Australia has been ahead every year.

Australia ranks 66th and Guinea-Bissau ranks 69th of 155 countries.

Individual pages

About this data

Indicator
Goods and services expense (current LCU)
Unit
current LCU
Source
Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
155 places, 4,479 data points, 1972–2024
Last refreshed

Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for account capital formation is excluded. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.