Taxes on international trade (current LCU) in Guinea-Bissau
Guinea-Bissau: Taxes on international trade (current LCU) was 27.51 billion current LCU in 2024. ▲ Rising
Taxes on international trade in Guinea-Bissau, 2017–2024
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in current LCU.
Analysis
Guinea-Bissau recorded 27.51 billion current LCU for taxes on international trade in 2024.
Compared with earlier readings it is up 0.8% on the previous year and up 7.4% over ten years.
That places Guinea-Bissau 59th out of 155 countries with data for 2024, putting it in the middle of the range.
Taxes on international trade (current LCU) in Guinea-Bissau, year by year
| Year | current LCU | Change |
|---|---|---|
| 2017 | 25.62 billion current LCU | — |
| 2018 | 23.52 billion current LCU | -8.2% |
| 2019 | 23.51 billion current LCU | -0.0% |
| 2020 | 17.69 billion current LCU | -24.8% |
| 2021 | 27.21 billion current LCU | +53.8% |
| 2022 | 28.22 billion current LCU | +3.7% |
| 2023 | 27.29 billion current LCU | -3.3% |
| 2024 | 27.51 billion current LCU | +0.8% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 27.51 billion current LCU is below the median for low income countries, which is 175.13 billion current LCU, 16% of the median. (15 countries reporting)
- Guinea-Bissau's 27.51 billion current LCU is below the median for Sub-Saharan Africa, which is 106.94 billion current LCU, 26% of the median. (36 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2010s | 24.22 billion current LCU | 23.51 billion current LCU | 25.62 billion current LCU | 3 |
| 2020s | 25.58 billion current LCU | 17.69 billion current LCU | 28.22 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)
- 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 taxes on international trade in Guinea-Bissau?
- Taxes on international trade in Guinea-Bissau was 27.51 billion current LCU in 2024, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest taxes on international trade recorded in Guinea-Bissau?
- The highest recorded value was 28.22 billion current LCU in 2022.
- What is the lowest taxes on international trade recorded in Guinea-Bissau?
- The lowest recorded value was 17.69 billion current LCU in 2020.
- How does Guinea-Bissau rank for taxes on international trade?
- Guinea-Bissau ranks 59th out of 155 countries with data for 2024.
- Is taxes on international trade rising or falling in Guinea-Bissau?
- Over the last ten years it is up 7.4%. 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 international trade (current LCU). Statizoid updates them automatically from the source API.
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About this data
Taxes on international trade are taxes that become payable when goods cross the national or customs frontiers of the economic territory or when transactions in services exchange between residents and non-residents. 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.