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. On the other hand 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 2020 was between 315.1 million and 1.3 billion USD. The hightest level within the past 22 years was reached in 2008. However, the liabilities in 2020 have been only 1 billion USD
Based on the number of inhabitants, this is in Guinea-Bissau a debt of 577 USD per person. For comparison: The average debt per person in the same year in the European Union was 30,798 USD.
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Gross debt for the last 22 years in millions of USD
Year | Guinea-Bissau total | Guinea-Bissau per capita | EU per capita |
---|---|---|---|
1998 | 315.11 M USD | 273 USD | 14,079 USD |
1999 | 325.78 M USD | 277 USD | 14,032 USD |
2000 | 805.79 M USD | 671 USD | 11,232 USD |
2001 | 802.68 M USD | 654 USD | 11,255 USD |
2002 | 825.05 M USD | 658 USD | 12,258 USD |
2003 | 875.58 M USD | 682 USD | 15,286 USD |
2004 | 1,074.55 M USD | 818 USD | 17,595 USD |
2005 | 1,195.49 M USD | 889 USD | 18,327 USD |
2006 | 1,127.90 M USD | 819 USD | 18,877 USD |
2007 | 1,142.73 M USD | 810 USD | 20,898 USD |
2008 | 1,291.95 M USD | 893 USD | 24,086 USD |
2009 | 1,230.73 M USD | 829 USD | 25,361 USD |
2010 | 524.60 M USD | 345 USD | 26,496 USD |
2011 | 507.39 M USD | 325 USD | 29,231 USD |
2012 | 468.30 M USD | 292 USD | 28,174 USD |
2013 | 531.41 M USD | 322 USD | 29,981 USD |
2014 | 606.22 M USD | 358 USD | 30,648 USD |
2015 | 566.77 M USD | 326 USD | 25,920 USD |
2016 | 671.65 M USD | 377 USD | 26,262 USD |
2017 | 675.35 M USD | 369 USD | 27,025 USD |
2018 | 890.23 M USD | 475 USD | 28,454 USD |
2019 | 948.29 M USD | 494 USD | 27,178 USD |
2020 | 1,135.33 M USD | 577 USD | 30,798 USD |