Tax revenue (current LCU) in Guinea-Bissau
Guinea-Bissau: Tax revenue (current LCU) was 110.66 billion current LCU in 2024. ▲ Rising
Tax revenue in Guinea-Bissau, 2017–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
The most recent figure for tax revenue in Guinea-Bissau is 110.66 billion current LCU, measured in 2024.
The figure is down 0.8% on the previous year and up 36.7% over ten years.
Guinea-Bissau ranks 90th of 157 countries on this measure, in the middle of the range.
Tax revenue (current LCU) in Guinea-Bissau, year by year
| Year | current LCU | Change |
|---|---|---|
| 2017 | 80.93 billion current LCU | — |
| 2018 | 76.46 billion current LCU | -5.5% |
| 2019 | 79.81 billion current LCU | +4.4% |
| 2020 | 68.17 billion current LCU | -14.6% |
| 2021 | 92.99 billion current LCU | +36.4% |
| 2022 | 100.89 billion current LCU | +8.5% |
| 2023 | 111.53 billion current LCU | +10.6% |
| 2024 | 110.66 billion current LCU | -0.8% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 110.66 billion current LCU is below the median for low income countries, which is 1.23 trillion current LCU, 9% of the median. (16 countries reporting)
- Guinea-Bissau's 110.66 billion current LCU is below the median for Sub-Saharan Africa, which is 692.11 billion current LCU, 16% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 79.07 billion current LCU | 76.46 billion current LCU | 80.93 billion current LCU | 3 |
| 2020s | 96.85 billion current LCU | 68.17 billion current LCU | 111.53 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)
- 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)
- Universal right to vote, annual growth rate 0 % change on previous year (2025)
- Men's universal right to vote, annual growth rate 0 % 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 tax revenue in Guinea-Bissau?
- Tax revenue in Guinea-Bissau was 110.66 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest tax revenue recorded in Guinea-Bissau?
- The highest recorded value was 111.53 billion current LCU in 2023.
- What is the lowest tax revenue recorded in Guinea-Bissau?
- The lowest recorded value was 68.17 billion current LCU in 2020.
- How does Guinea-Bissau rank for tax revenue?
- Guinea-Bissau ranks 90th out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Guinea-Bissau?
- Over the last ten years it is up 36.7%. 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 Tax revenue (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes are compulsory, unrequited payments, in cash or in kind, made by institutional units to government units. 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.