Tax revenue (% of GDP) in Guinea-Bissau
Guinea-Bissau: Tax revenue (% of GDP) was 8.3% in 2024. ▼ Falling
Tax revenue in Guinea-Bissau, 2017–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
Guinea-Bissau recorded 8.3% for tax revenue in 2024.
The figure is down 6.2% on the previous year and down 12.4% over ten years.
That places Guinea-Bissau 137th out of 157 countries with data for 2024, putting it in the bottom quarter.
Tax revenue (% of GDP) in Guinea-Bissau, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2017 | 9.5% | — |
| 2018 | 8.9% | -6.6% |
| 2019 | 8.5% | -3.7% |
| 2020 | 6.9% | -18.6% |
| 2021 | 8.8% | +26.6% |
| 2022 | 8.7% | -0.9% |
| 2023 | 8.9% | +1.6% |
| 2024 | 8.3% | -6.2% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 8.3% is below the median for low income countries, which is 11.4%, 73% of the median. (16 countries reporting)
- Guinea-Bissau's 8.3% is below the median for Sub-Saharan Africa, which is 12.6%, 66% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 9.0% | 8.5% | 9.5% | 3 |
| 2020s | 8.3% | 6.9% | 8.9% | 5 |
Countries ranked near Guinea-Bissau
- 134 Sri Lanka 9.9% compare
- 135 Gabon 9.5% compare
- 136 Switzerland 9.5% compare
- 138 Central African Republic 8.2% compare
- 139 Saudi Arabia 8.1% compare
- 140 Bangladesh 7.6% compare
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 tax revenue in Guinea-Bissau?
- Tax revenue in Guinea-Bissau was 8.3% 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 9.5% in 2017.
- What is the lowest tax revenue recorded in Guinea-Bissau?
- The lowest recorded value was 6.9% in 2020.
- How does Guinea-Bissau rank for tax revenue?
- Guinea-Bissau ranks 137th out of 157 countries with data for 2024.
- Is tax revenue rising or falling in Guinea-Bissau?
- Over the last ten years it is down 12.4%. 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 Tax revenue (% of GDP). 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 as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.