Interest payments in Guinea-Bissau
Guinea-Bissau: Interest payments was 36.06 billion current LCU in 2024. ◆ Volatile
Interest payments in Guinea-Bissau, 2017–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
In 2024, interest payments in Guinea-Bissau stood at 36.06 billion current LCU. That is the highest value across all 8 years on record.
Compared with earlier readings it is up 23.5% on the previous year and up 593.0% over ten years.
That places Guinea-Bissau 71st out of 155 countries with data for 2024, putting it in the middle of the range.
Interest payments in Guinea-Bissau, year by year
| Year | current LCU | Change |
|---|---|---|
| 2017 | 5.20 billion current LCU | — |
| 2018 | 4.88 billion current LCU | -6.3% |
| 2019 | 8.24 billion current LCU | +69.0% |
| 2020 | 12.46 billion current LCU | +51.2% |
| 2021 | 13.88 billion current LCU | +11.4% |
| 2022 | 14.38 billion current LCU | +3.6% |
| 2023 | 29.21 billion current LCU | +103.1% |
| 2024 | 36.06 billion current LCU | +23.5% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 36.06 billion current LCU is below the median for low income countries, which is 94.46 billion current LCU, 38% of the median. (16 countries reporting)
- Guinea-Bissau's 36.06 billion current LCU is below the median for Sub-Saharan Africa, which is 106.55 billion current LCU, 34% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 6.11 billion current LCU | 4.88 billion current LCU | 8.24 billion current LCU | 3 |
| 2020s | 21.20 billion current LCU | 12.46 billion current LCU | 36.06 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)
- 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)
- Elected parliament, annual growth rate -100 % change on previous year (2023)
- Chief executive of the government is elected, annual growth rate -100 % change on previous year (2025)
- Democracy 0 (2025)
- Chief executive of the government is elected 0 (2025)
- Elected parliament 0 (2025)
- Men's universal right to vote 1 (2025)
Frequently asked questions
- What is interest payments in Guinea-Bissau?
- Interest payments in Guinea-Bissau was 36.06 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Guinea-Bissau?
- The highest recorded value was 36.06 billion current LCU in 2024.
- What is the lowest interest payments recorded in Guinea-Bissau?
- The lowest recorded value was 4.88 billion current LCU in 2018.
- How does Guinea-Bissau rank for interest payments?
- Guinea-Bissau ranks 71st out of 155 countries with data for 2024.
- Is interest payments rising or falling in Guinea-Bissau?
- Over the last ten years it is up 593.0%. The long-run trend across the full record is volatile.
- 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 Interest payments (current LCU). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 8 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign 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.