Interest payments (% of expense) in Guinea-Bissau
Guinea-Bissau: Interest payments (% of expense) was 14.9% in 2023. ▲ Rising
Interest payments in Guinea-Bissau, 2017–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
Guinea-Bissau recorded 14.9% for interest payments in 2023. That is the highest value across all 7 years on record.
The figure is up 73.1% on the previous year and up 222.2% over ten years.
Guinea-Bissau ranks 28th of 152 countries on this measure, in the top quarter.
Interest payments (% of expense) in Guinea-Bissau, year by year
| Year | % of expense | Change |
|---|---|---|
| 2017 | 4.6% | — |
| 2018 | 4.4% | -4.8% |
| 2019 | 6.7% | +51.3% |
| 2020 | 8.4% | +26.1% |
| 2021 | 9.2% | +9.6% |
| 2022 | 8.6% | -6.5% |
| 2023 | 14.9% | +73.1% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 14.9% is above the median for low income countries, which is 9.0%, 1.7× the median. (15 countries reporting)
- Guinea-Bissau's 14.9% is above the median for Sub-Saharan Africa, which is 11.3%, 1.3× the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 5.2% | 4.4% | 6.7% | 3 |
| 2020s | 10.3% | 8.4% | 14.9% | 4 |
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 interest payments in Guinea-Bissau?
- Interest payments in Guinea-Bissau was 14.9% in 2023, 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 14.9% in 2023.
- What is the lowest interest payments recorded in Guinea-Bissau?
- The lowest recorded value was 4.4% in 2018.
- How does Guinea-Bissau rank for interest payments?
- Guinea-Bissau ranks 28th out of 152 countries with data for 2023.
- Is interest payments rising or falling in Guinea-Bissau?
- Over the last ten years it is up 222.2%. The long-run trend across the full record is rising.
- 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 (% of expense). Statizoid updates them automatically from the source API.
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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 as percentage of total expenses which is any decrease in net worth resulting from a transaction.