Financial system deposits to GDP in Guinea-Bissau
Guinea-Bissau: Financial system deposits to GDP was 19.6% in 2021. ▲ Rising
Financial system deposits to GDP in Guinea-Bissau, 1990–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
Guinea-Bissau recorded 19.6% for financial system deposits to gdp in 2021. That is the highest value across all 32 years on record.
The figure is up 5.9% on the previous year and up 9.9% over ten years.
Over the whole period, financial system deposits to gdp in Guinea-Bissau peaked at 19.6% in 2021 and was at its lowest, 2.8%, in 2003.
That places Guinea-Bissau 167th out of 185 countries with data for 2021, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 32 years of available data.
Financial system deposits to GDP in Guinea-Bissau, year by year
| Year | % | Change |
|---|---|---|
| 1990 | 9.6% | — |
| 1991 | 6.8% | -28.9% |
| 1992 | 9.5% | +38.4% |
| 1993 | 9.3% | -1.9% |
| 1994 | 10.8% | +16.7% |
| 1995 | 10.3% | -4.9% |
| 1996 | 9.9% | -4.2% |
| 1997 | 4.3% | -56.3% |
| 1998 | 4.5% | +5.3% |
| 1999 | 4.4% | -2.3% |
| 2000 | 7.6% | +70.4% |
| 2001 | 5.6% | -25.4% |
| 2002 | 4.9% | -13.0% |
| 2003 | 2.8% | -43.7% |
| 2004 | 3.5% | +27.8% |
| 2005 | 3.5% | -2.0% |
| 2006 | 4.6% | +33.4% |
| 2007 | 7.0% | +52.0% |
| 2008 | 8.4% | +19.5% |
| 2009 | 9.2% | +10.0% |
| 2010 | 11.6% | +25.8% |
| 2011 | 17.8% | +53.6% |
| 2012 | 14.8% | -17.1% |
| 2013 | 17.5% | +18.2% |
| 2014 | 16.5% | -5.7% |
| 2015 | 16.9% | +2.4% |
| 2016 | 15.0% | -11.3% |
| 2017 | 13.7% | -8.5% |
| 2018 | 15.5% | +13.5% |
| 2019 | 15.5% | -0.4% |
| 2020 | 18.5% | +19.6% |
| 2021 | 19.6% | +5.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 8.0% | 4.3% | 10.8% | 10 |
| 2000s | 5.7% | 2.8% | 9.2% | 10 |
| 2010s | 15.5% | 11.6% | 17.8% | 10 |
| 2020s | 19.1% | 18.5% | 19.6% | 2 |
Countries ranked near Guinea-Bissau
More financial sector data for Guinea-Bissau
- Net domestic credit (current LCU), annual growth rate 0.6279 % change on previous year (2025)
- Net domestic credit (current LCU), per unit of GDP 129.27 current LCU per US$ of GDP (2025)
- Net domestic credit (current LCU), per capita 145,265 current LCU per person (2025)
- Net foreign assets (current LCU), annual growth rate 11.39 % change on previous year (2025)
- Net foreign assets (current LCU), per unit of GDP 121.49 current LCU per US$ of GDP (2025)
- Net foreign assets (current LCU), per capita 136,531 current LCU per person (2025)
- Net migration, annual growth rate 19.8 % change on previous year (2025)
- Net migration -1,373 (2025)
- Official exchange rate 581.93 LCU per US$, period average (2025)
- Domestic credit to private sector 10.0% (2025)
Frequently asked questions
- What is financial system deposits to gdp in Guinea-Bissau?
- Financial system deposits to gdp in Guinea-Bissau was 19.6% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest financial system deposits to gdp recorded in Guinea-Bissau?
- The highest recorded value was 19.6% in 2021.
- What is the lowest financial system deposits to gdp recorded in Guinea-Bissau?
- The lowest recorded value was 2.8% in 2003.
- How does Guinea-Bissau rank for financial system deposits to gdp?
- Guinea-Bissau ranks 167th out of 185 countries with data for 2021.
- Is financial system deposits to gdp rising or falling in Guinea-Bissau?
- Over the last ten years it is up 9.9%. The long-run trend across the full record is rising.
- Where does this Guinea-Bissau data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Financial system deposits to GDP (%). Statizoid updates them automatically from the source API.
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CSV · JSON — 32 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Demand, time and saving deposits in deposit money banks and other financial institutions as a share of GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is demand and time and saving deposits, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Financial system deposits (IFS lines 24, 25, 44, and 45); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).