Customs and other import duties (current LCU) in Guinea-Bissau
Guinea-Bissau: Customs and other import duties (current LCU) was 13.55 billion current LCU in 2024. ▼ Falling
Customs and other import duties in Guinea-Bissau, 2017–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, customs and other import duties in Guinea-Bissau stood at 13.55 billion current LCU.
That represents a change of up 5.2% on the previous year and down 17.5% over ten years.
Guinea-Bissau ranks 67th of 152 countries on this measure, in the middle of the range.
Customs and other import duties (current LCU) in Guinea-Bissau, year by year
| Year | current LCU | Change |
|---|---|---|
| 2017 | 16.42 billion current LCU | — |
| 2018 | 13.81 billion current LCU | -15.9% |
| 2019 | 11.77 billion current LCU | -14.7% |
| 2020 | 10.45 billion current LCU | -11.2% |
| 2021 | 13.64 billion current LCU | +30.5% |
| 2022 | 12.43 billion current LCU | -8.9% |
| 2023 | 12.88 billion current LCU | +3.6% |
| 2024 | 13.55 billion current LCU | +5.2% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 13.55 billion current LCU is below the median for low income countries, which is 184.80 billion current LCU, 7% of the median. (14 countries reporting)
- Guinea-Bissau's 13.55 billion current LCU is below the median for Sub-Saharan Africa, which is 101.22 billion current LCU, 13% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 14.00 billion current LCU | 11.77 billion current LCU | 16.42 billion current LCU | 3 |
| 2020s | 12.59 billion current LCU | 10.45 billion current LCU | 13.64 billion current LCU | 5 |
Countries ranked near Guinea-Bissau
More public sector data for Guinea-Bissau
- Democracy, annual growth rate -100 % change on previous year (2025)
- Chief executive of the government is elected, annual growth rate -100 % change on previous year (2025)
- Elected parliament, annual growth rate -100 % change on previous year (2023)
- Men's universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Universal right to vote in practice, annual growth rate -100 % change on previous year (2023)
- Arms imports 5.00 million SIPRI trend indicator values (1993)
- Arms imports (SIPRI trend indicator values), per capita 4.72 SIPRI trend indicator values per person (1993)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0081 SIPRI trend indicator values per US$ of GDP (1993)
- Arms imports (SIPRI trend indicator values), annual growth rate -70 % change on previous year (1991)
Frequently asked questions
- What is customs and other import duties in Guinea-Bissau?
- Customs and other import duties in Guinea-Bissau was 13.55 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest customs and other import duties recorded in Guinea-Bissau?
- The highest recorded value was 16.42 billion current LCU in 2017.
- What is the lowest customs and other import duties recorded in Guinea-Bissau?
- The lowest recorded value was 10.45 billion current LCU in 2020.
- How does Guinea-Bissau rank for customs and other import duties?
- Guinea-Bissau ranks 67th out of 152 countries with data for 2024.
- Is customs and other import duties rising or falling in Guinea-Bissau?
- Over the last ten years it is down 17.5%. The long-run trend across the full record is falling.
- Where does this Guinea-Bissau data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Customs and other import duties (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes and duties on imports are taxes on goods and services that become payable at the moment when goods enter the economic territory or when services are delivered by non-resident producers to residents. 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.