Taxes on goods and services (current LCU), annual growth rate in Guinea-Bissau
Guinea-Bissau: Taxes on goods and services (current LCU), annual growth rate was 2.47 % change on previous year in 2024. ◆ Volatile
Taxes on goods and services (current LCU), annual growth rate in Guinea-Bissau, 2018–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Guinea-Bissau recorded 2.47 % change on previous year for taxes on goods and services (current lcu), annual growth rate in 2024.
The figure is down 89.9% on the previous year and up 126.3% over ten years.
Guinea-Bissau ranks 123rd of 156 countries on this measure, in the bottom quarter.
Taxes on goods and services (current LCU), annual growth rate in Guinea-Bissau, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 2018 | -9.38 % change on previous year | — |
| 2019 | -1.14 % change on previous year | -87.9% |
| 2020 | -2.5 % change on previous year | +119.7% |
| 2021 | 31.64 % change on previous year | -1365.9% |
| 2022 | -10.26 % change on previous year | -132.4% |
| 2023 | 24.43 % change on previous year | -338.0% |
| 2024 | 2.47 % change on previous year | -89.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | -5.26 % change on previous year | -9.38 % change on previous year | -1.14 % change on previous year | 2 |
| 2020s | 9.16 % change on previous year | -10.26 % change on previous year | 31.64 % change on previous year | 5 |
Countries ranked near Guinea-Bissau
- 120 Eswatini 3.5 % change on previous year
- 121 Thailand 3.48 % change on previous year compare
- 122 Colombia 3.09 % change on previous year compare
- 124 South Africa 2.16 % change on previous year compare
- 125 United Kingdom of Great Britain and Northern Ireland 2.13 % change on previous year compare
- 126 Austria 2.13 % change on previous year 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 goods and services (current lcu), annual growth rate in Guinea-Bissau?
- Taxes on goods and services (current lcu), annual growth rate in Guinea-Bissau was 2.47 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest taxes on goods and services (current lcu), annual growth rate recorded in Guinea-Bissau?
- The highest recorded value was 31.64 % change on previous year in 2021.
- What is the lowest taxes on goods and services (current lcu), annual growth rate recorded in Guinea-Bissau?
- The lowest recorded value was -10.26 % change on previous year in 2022.
- How does Guinea-Bissau rank for taxes on goods and services (current lcu), annual growth rate?
- Guinea-Bissau ranks 123rd out of 156 countries with data for 2024.
- Is taxes on goods and services (current lcu), annual growth rate rising or falling in Guinea-Bissau?
- Over the last ten years it is up 126.3%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau data come from?
- The figures come from Statizoid (derived), published as part of Taxes on goods and services (current LCU), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Taxes on goods and services Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Taxes on goods and services (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.