Guinea Bissau recorded a government debt equivalent to 28.10 percent of the country's Gross Domestic Product in 2017.

Government Debt to GDP in Guinea Bissau averaged 109.37 percent from 2000 until 2017, reaching an all time high of 209.50 percent in 2002 and a record low of 18.10 percent in 2011. This page provides - Guinea Bissau Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guinea Bissau Government Debt to GDP - values, historical data and charts - was last updated on August of 2020.

Government Debt to GDP in Guinea Bissau is expected to reach 40.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guinea Bissau Government Debt to GDP is projected to trend around 43.00 percent in 2021 and 46.00 percent in 2022, according to our econometric models.

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Guinea Bissau Government Debt to GDP

Actual Previous Highest Lowest Dates Unit Frequency
28.10 26.90 209.50 18.10 2000 - 2017 percent Yearly

Guinea Bissau Government Last Previous Highest Lowest Unit
Government Debt to GDP 28.10 26.90 209.50 18.10 percent [+]
Government Budget -5.00 -5.10 3.60 -9.50 percent of GDP [+]
Credit Rating 15.00 [+]

Guinea Bissau Government Debt to GDP
Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields.