household debts in Guinea-Bissau

Gross debt in Guinea-Bissau

The government gross debt refers to the total of all sums of money that have to be paid to other countries, communities or institutions. Not included in the gross debt are the demands of a country to foreign ones.

The gross debt in Guinea-Bissau in the period from 1998 to 2021 was between 315.1 million and 1.3 billion USD. The hightest level within the past 23 years was reached in 2008. However, the liabilities in 2021 have been only one billion USD

Based on the number of inhabitants, this is a debt of 624 USD per person. For comparison, the average debt per person in the same year in the European Union was 33,695 USD.

Back to overview: Guinea-Bissau

Gross debt for the last 23 years in millions of USD

YearGuinea-Bissau totalGuinea-Bissau per capitaEU per capita
1998315.11 M USD273 USD14,079 USD
1999325.78 M USD277 USD14,032 USD
2000805.79 M USD671 USD11,232 USD
2001802.68 M USD654 USD11,255 USD
2002825.05 M USD658 USD12,258 USD
2003875.58 M USD682 USD15,286 USD
20041,074.55 M USD818 USD17,595 USD
20051,195.49 M USD889 USD18,327 USD
20061,127.90 M USD819 USD18,877 USD
20071,142.73 M USD810 USD20,898 USD
20081,291.95 M USD893 USD24,086 USD
20091,230.73 M USD829 USD25,361 USD
2010524.60 M USD345 USD26,496 USD
2011493.01 M USD315 USD29,231 USD
2012460.81 M USD287 USD28,174 USD
2013511.08 M USD310 USD29,981 USD
2014616.52 M USD364 USD30,648 USD
2015575.19 M USD322 USD25,918 USD
2016680.39 M USD371 USD26,261 USD
2017684.01 M USD364 USD27,024 USD
2018871.69 M USD453 USD28,448 USD
2019921.22 M USD468 USD27,168 USD
20201,095.50 M USD543 USD30,783 USD
20211,286.59 M USD624 USD33,695 USD

Comparison of gross debt per capita with the European Union in U.S. dollars

      Guinea-Bissau       European Union

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