Domestic credit to private sector in Guinea-Bissau
Guinea-Bissau: Domestic credit to private sector was 16.2% in 2020. ◆ Volatile
Domestic credit to private sector in Guinea-Bissau, 1986–2020
Source: World Development Indicators (WDI), World Bank. Measured in % of GDP.
Analysis
The most recent figure for domestic credit to private sector in Guinea-Bissau is 16.2%, measured in 2020.
That represents a change of up 9.5% on the previous year and up 130.4% over ten years.
Over the whole period, domestic credit to private sector in Guinea-Bissau peaked at 22.0% in 1990 and was at its lowest, 0.0%, in 2002.
Guinea-Bissau ranks 154th of 187 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Domestic credit to private sector in Guinea-Bissau, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1986 | 19.4% | — |
| 1987 | 16.7% | -14.0% |
| 1988 | 16.9% | +1.1% |
| 1989 | 17.6% | +4.3% |
| 1990 | 22.0% | +24.8% |
| 1991 | 13.3% | -39.4% |
| 1992 | 10.2% | -23.8% |
| 1993 | 11.9% | +17.0% |
| 1994 | 14.3% | +20.2% |
| 1995 | 8.7% | -39.2% |
| 1996 | 6.7% | -22.9% |
| 1997 | 7.1% | +5.8% |
| 1998 | 10.3% | +45.6% |
| 1999 | 7.1% | -30.8% |
| 2000 | 4.6% | -35.5% |
| 2001 | 0.4% | -91.2% |
| 2002 | 0.0% | -100.0% |
| 2003 | 0.7% | — |
| 2004 | 1.2% | +69.0% |
| 2005 | 1.6% | +27.9% |
| 2006 | 2.3% | +46.3% |
| 2007 | 3.5% | +48.8% |
| 2008 | 5.6% | +61.8% |
| 2009 | 4.8% | -15.5% |
| 2010 | 7.0% | +48.0% |
| 2011 | 9.1% | +29.9% |
| 2012 | 13.0% | +41.9% |
| 2013 | 12.7% | -1.9% |
| 2014 | 14.5% | +13.7% |
| 2015 | 8.6% | -40.8% |
| 2016 | 7.4% | -13.5% |
| 2017 | 12.7% | +72.3% |
| 2018 | 14.3% | +12.2% |
| 2019 | 14.8% | +3.4% |
| 2020 | 16.2% | +9.5% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 16.2% is above the median for low income countries, which is 15.1%, 1.1× the median. (24 countries reporting)
- Guinea-Bissau's 16.2% is above the median for Sub-Saharan Africa, which is 16.1%, 1.0× the median. (48 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 17.7% | 16.7% | 19.4% | 4 |
| 1990s | 11.2% | 6.7% | 22.0% | 10 |
| 2000s | 2.5% | 0.0% | 5.6% | 10 |
| 2010s | 11.4% | 7.0% | 14.8% | 10 |
| 2020s | 16.2% | 16.2% | 16.2% | 1 |
Countries ranked near Guinea-Bissau
More financial sector data for Guinea-Bissau
- Reserve position in the IMF, US dollar, annual growth rate 5.82 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 2.56 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0.767 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0.0017 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 1.87 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.82 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0.0023 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 2.56 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0.767 % change on previous year (2025)
Frequently asked questions
- What is domestic credit to private sector in Guinea-Bissau?
- Domestic credit to private sector in Guinea-Bissau was 16.2% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest domestic credit to private sector recorded in Guinea-Bissau?
- The highest recorded value was 22.0% in 1990.
- What is the lowest domestic credit to private sector recorded in Guinea-Bissau?
- The lowest recorded value was 0.0% in 2002.
- How does Guinea-Bissau rank for domestic credit to private sector?
- Guinea-Bissau ranks 154th out of 187 countries with data for 2020.
- Is domestic credit to private sector rising or falling in Guinea-Bissau?
- Over the last ten years it is up 130.4%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Domestic credit to private sector (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Domestic credit to private sector refers to financial resources provided to the private sector, such as through loans, purchases of nonequity securities, and trade credits and other accounts receivable, that establish a claim for repayment. For some countries these claims include credit to public enterprises.