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. 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 one 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.
Back to overview: Guinea-Bissau

Gross debt for the last 22 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
2011507.39 M USD325 USD29,231 USD
2012468.30 M USD292 USD28,174 USD
2013531.41 M USD322 USD29,981 USD
2014606.22 M USD358 USD30,648 USD
2015566.77 M USD326 USD25,920 USD
2016671.65 M USD377 USD26,262 USD
2017675.35 M USD369 USD27,025 USD
2018890.23 M USD475 USD28,454 USD
2019948.29 M USD494 USD27,178 USD
20201,135.33 M USD577 USD30,798 USD

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

      Guinea-Bissau       European Union

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