Services balance (credit less debit), Net (credits less debits) (US) in Guinea-Bissau
Guinea-Bissau: Services balance (credit less debit), Net (credits less debits) (US) 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) (US) 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% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's -144.70 million is above the median for low income countries, which is -384.30 million, 38% of the median. (20 countries reporting)
- Guinea-Bissau's -144.70 million is above the median for Sub-Saharan Africa, which is -399.59 million, 36% of the median. (43 countries reporting)
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
- 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 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.
Download this data
CSV · JSON — 19 observations, free to reuse under IMF Terms and Conditions (attribution required).
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.