Subsidies and other transfers in Guinea-Bissau
Guinea-Bissau: Subsidies and other transfers was 11.9% in 2023. ▼ Falling
Subsidies and other transfers in Guinea-Bissau, 2017–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, subsidies and other transfers in Guinea-Bissau stood at 11.9%.
The figure is down 11.7% on the previous year and up 7.2% over ten years.
That places Guinea-Bissau 143rd out of 152 countries with data for 2023, putting it in the bottom quarter.
Subsidies and other transfers in Guinea-Bissau, year by year
| Year | % of expense | Change |
|---|---|---|
| 2017 | 11.1% | — |
| 2018 | 16.6% | +48.8% |
| 2019 | 21.8% | +31.5% |
| 2020 | 12.3% | -43.6% |
| 2021 | 11.4% | -6.8% |
| 2022 | 13.5% | +18.0% |
| 2023 | 11.9% | -11.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 16.5% | 11.1% | 21.8% | 3 |
| 2020s | 12.3% | 11.4% | 13.5% | 4 |
Countries ranked near Guinea-Bissau
- 140 Timor-Leste 14.1% compare
- 141 Denmark 13.3% compare
- 142 Zambia 12.6% compare
- 144 Mozambique 11.9% compare
- 145 Lao People's Democratic Republic 11.7% compare
- 146 Saudi Arabia 11.3% compare
More public sector data for Guinea-Bissau
- 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)
- Arms imports (SIPRI trend indicator values), gaps filled 5.00 million SIPRI trend indicator values (1993)
- Military expenditure (current USD), per capita 11.75 current USD per person (2023)
- Military expenditure (current USD), per unit of GDP 0.0122 current USD per US$ of GDP (2023)
- Military expenditure (current USD), annual growth rate 3.07 % change on previous year (2023)
- Military expenditure (current USD), gaps filled 25.29 million current USD (2023)
- Arms imports (SIPRI trend indicator values), per square kilometre 177.81 SIPRI trend indicator values per square kilometre (1993)
Frequently asked questions
- What is subsidies and other transfers in Guinea-Bissau?
- Subsidies and other transfers in Guinea-Bissau was 11.9% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest subsidies and other transfers recorded in Guinea-Bissau?
- The highest recorded value was 21.8% in 2019.
- What is the lowest subsidies and other transfers recorded in Guinea-Bissau?
- The lowest recorded value was 11.1% in 2017.
- How does Guinea-Bissau rank for subsidies and other transfers?
- Guinea-Bissau ranks 143rd out of 152 countries with data for 2023.
- Is subsidies and other transfers rising or falling in Guinea-Bissau?
- Over the last ten years it is up 7.2%. 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 Subsidies and other transfers (% of expense). Statizoid updates them automatically from the source API.
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About this data
Subsidies are current unrequited payments that government units, including nonresident government units, make to enterprises on the basis of the levels of their production activities or the quantities or values of the goods or services that they produce, sell, export or import. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.