Net acquisition of financial assets (current LCU) in Guinea-Bissau
Guinea-Bissau: Net acquisition of financial assets (current LCU) was 10.79 billion current LCU in 2024. ◆ Volatile
Net acquisition of financial assets in Guinea-Bissau, 2017–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Guinea-Bissau recorded 10.79 billion current LCU for net acquisition of financial assets in 2024.
The figure is up 2,119.5% on the previous year and up 116.1% over ten years.
Guinea-Bissau ranks 52nd of 134 countries on this measure, in the middle of the range.
Net acquisition of financial assets (current LCU) in Guinea-Bissau, year by year
| Year | current LCU | Change |
|---|---|---|
| 2017 | 4.99 billion current LCU | — |
| 2018 | 1.85 billion current LCU | -62.9% |
| 2019 | -3.01 billion current LCU | -262.4% |
| 2020 | 12.82 billion current LCU | -525.8% |
| 2021 | -10.58 billion current LCU | -182.6% |
| 2022 | 146.31 million current LCU | -101.4% |
| 2023 | -534.51 million current LCU | -465.3% |
| 2024 | 10.79 billion current LCU | -2119.5% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 10.79 billion current LCU is below the median for low income countries, which is 21.68 billion current LCU, 50% of the median. (14 countries reporting)
- Guinea-Bissau's 10.79 billion current LCU is above the median for Sub-Saharan Africa, which is 9.05 million current LCU, 1192.8× the median. (33 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 1.28 billion current LCU | -3.01 billion current LCU | 4.99 billion current LCU | 3 |
| 2020s | 2.53 billion current LCU | -10.58 billion current LCU | 12.82 billion current LCU | 5 |
Countries ranked near Guinea-Bissau
- 49 Paraguay 16.97 billion current LCU compare
- 50 Myanmar 14.66 billion current LCU
- 51 Uruguay 13.07 billion current LCU compare
- 53 Spain 10.30 billion current LCU compare
- 54 New Zealand 9.70 billion current LCU
- 55 Afghanistan 9.64 billion current LCU
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 net acquisition of financial assets in Guinea-Bissau?
- Net acquisition of financial assets in Guinea-Bissau was 10.79 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net acquisition of financial assets recorded in Guinea-Bissau?
- The highest recorded value was 12.82 billion current LCU in 2020.
- What is the lowest net acquisition of financial assets recorded in Guinea-Bissau?
- The lowest recorded value was -10.58 billion current LCU in 2021.
- How does Guinea-Bissau rank for net acquisition of financial assets?
- Guinea-Bissau ranks 52nd out of 134 countries with data for 2024.
- Is net acquisition of financial assets rising or falling in Guinea-Bissau?
- Over the last ten years it is up 116.1%. 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 Net acquisition of financial assets (current LCU). Statizoid updates them automatically from the source API.
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About this data
Net acquisition of government financial assets includes domestic and foreign financial claims, SDRs, and gold bullion held by monetary authorities as a reserve asset. The net acquisition of financial assets should be offset by the net incurrence of liabilities. 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.