Taxes on exports in Guinea-Bissau
Guinea-Bissau: Taxes on exports was 12.6% in 2024. ▲ Rising
Taxes on exports in Guinea-Bissau, 2017–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of tax revenue.
Analysis
Guinea-Bissau recorded 12.6% for taxes on exports in 2024.
Compared with earlier readings it is down 2.3% on the previous year and up 11.0% over ten years.
That places Guinea-Bissau 4th out of 76 countries with data for 2024, putting it in the top 10%.
Taxes on exports in Guinea-Bissau, year by year
| Year | % of tax revenue | Change |
|---|---|---|
| 2017 | 11.4% | — |
| 2018 | 12.7% | +11.6% |
| 2019 | 14.7% | +15.9% |
| 2020 | 10.6% | -27.9% |
| 2021 | 14.6% | +37.4% |
| 2022 | 15.6% | +7.3% |
| 2023 | 12.9% | -17.4% |
| 2024 | 12.6% | -2.3% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 12.6% is above the median for low income countries, which is 0.1%, 90.5× the median. (10 countries reporting)
- Guinea-Bissau's 12.6% is above the median for Sub-Saharan Africa, which is 0.4%, 34.7× the median. (24 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 12.9% | 11.4% | 14.7% | 3 |
| 2020s | 13.3% | 10.6% | 15.6% | 5 |
Countries ranked near Guinea-Bissau
- 1 Honduras 16.3%
- 2 Cote d'Ivoire 15.6% compare
- 3 Kazakhstan 15.0% compare
- 5 Solomon Islands 11.2% compare
- 6 Argentina 9.4% compare
- 7 Bahamas 9.0% 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 taxes on exports in Guinea-Bissau?
- Taxes on exports in Guinea-Bissau was 12.6% in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on exports recorded in Guinea-Bissau?
- The highest recorded value was 15.6% in 2022.
- What is the lowest taxes on exports recorded in Guinea-Bissau?
- The lowest recorded value was 10.6% in 2020.
- How does Guinea-Bissau rank for taxes on exports?
- Guinea-Bissau ranks 4th out of 76 countries with data for 2024.
- Is taxes on exports rising or falling in Guinea-Bissau?
- Over the last ten years it is up 11.0%. 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 Taxes on exports (% of tax revenue). Statizoid updates them automatically from the source API.
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About this data
Export taxes are taxes on goods or services that become payable to government when the goods leave the economic territory or when the services are delivered to non-residents. This indicator is expressed as a percentage of tax revenue which includes compulsory, unrequited payments, in cash or in kind, made by institutional units to government units.