Services balance (credit less debit), Net (credits less debits) in Guinea-Bissau
Guinea-Bissau: Services balance (credit less debit), Net (credits less debits) was -144.70 million in 2023. ▼ Falling
Services balance (credit less debit), Net (credits less debits) in Guinea-Bissau, 2005–2023
Source: International Monetary Fund.
Analysis
The most recent figure for services balance (credit less debit), net (credits less debits) in Guinea-Bissau is -144.70 million, measured in 2023. That is the lowest value across all 19 years on record.
That represents a change of down 0.4% on the previous year and down 194.8% over ten years.
Over the whole period, services balance (credit less debit), net (credits less debits) in Guinea-Bissau peaked at -34.85 million in 2007 and was at its lowest, -144.70 million, in 2023.
Guinea-Bissau ranks 111th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Services balance (credit less debit), Net (credits less debits) in Guinea-Bissau, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | -36.57 million | — |
| 2006 | -36.15 million | -1.1% |
| 2007 | -34.85 million | -3.6% |
| 2008 | -41.41 million | +18.8% |
| 2009 | -53.76 million | +29.8% |
| 2010 | -58.57 million | +8.9% |
| 2011 | -55.06 million | -6.0% |
| 2012 | -50.82 million | -7.7% |
| 2013 | -49.09 million | -3.4% |
| 2014 | -69.57 million | +41.7% |
| 2015 | -94.58 million | +36.0% |
| 2016 | -102.88 million | +8.8% |
| 2017 | -120.29 million | +16.9% |
| 2018 | -124.98 million | +3.9% |
| 2019 | -123.97 million | -0.8% |
| 2020 | -113.37 million | -8.6% |
| 2021 | -133.25 million | +17.5% |
| 2022 | -144.17 million | +8.2% |
| 2023 | -144.70 million | +0.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -40.55 million | -53.76 million | -34.85 million | 5 |
| 2010s | -84.98 million | -124.98 million | -49.09 million | 10 |
| 2020s | -133.87 million | -144.70 million | -113.37 million | 4 |
Countries ranked near Guinea-Bissau
- 108 Kiribati -101.20 million compare
- 109 Kyrgyzstan -108.52 million compare
- 110 Solomon Islands -115.78 million compare
- 112 Vanuatu -151.12 million compare
- 113 Faroe Islands -187.40 million compare
- 114 Burundi -239.89 million compare
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 services balance (credit less debit), net (credits less debits) in Guinea-Bissau?
- Services balance (credit less debit), net (credits less debits) in Guinea-Bissau was -144.70 million in 2023, according to International Monetary Fund.
- What is the highest services balance (credit less debit), net (credits less debits) recorded in Guinea-Bissau?
- The highest recorded value was -34.85 million in 2007.
- What is the lowest services balance (credit less debit), net (credits less debits) recorded in Guinea-Bissau?
- The lowest recorded value was -144.70 million in 2023.
- How does Guinea-Bissau rank for services balance (credit less debit), net (credits less debits)?
- Guinea-Bissau ranks 111th out of 197 countries with data for 2023.
- Is services balance (credit less debit), net (credits less debits) rising or falling in Guinea-Bissau?
- Over the last ten years it is down 194.8%. The long-run trend across the full record is falling.
- Where does this Guinea-Bissau data come from?
- The figures come from International Monetary Fund, published as part of Services balance (credit less debit), Net (credits less debits) (US dollar). Statizoid updates them automatically from the source API.
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About this data
The World and Country Group Aggregates (historically called BOPSY) is an annual publication, released each November, of major balance of payments and international investment position components for countries, country groups, and the world.