Share of government expenditure going to interest payments in Guinea-Bissau

Guinea-Bissau: Share of government expenditure going to interest payments was 14.93 in 2023. ▲ Rising

Latest (2023)
14.93
Change on year
up 73.1%
World rank
28th
of 152 countries
All-time high
14.93
in 2023
All-time low
4.41
in 2018
Years of data
7
2017–2023

Share of government expenditure going to interest payments in Guinea-Bissau, 2017–2023

57.51012.5152017202020232017: 4.62018: 4.42019: 6.72020: 8.42021: 9.22022: 8.62023: 14.9

Source: Our World in Data.

Analysis

The most recent figure for share of government expenditure going to interest payments in Guinea-Bissau is 14.93, measured in 2023. That is the highest value across all 7 years on record.

The figure is up 73.1% on the previous year and up 222.2% over ten years.

Guinea-Bissau ranks 28th of 152 countries on this measure, in the top quarter.

Share of government expenditure going to interest payments in Guinea-Bissau, year by year

Annual values for Share of government expenditure going to interest payments in Guinea-Bissau, 2017 to 2023.
Year Value Change
2017 4.63
2018 4.41 -4.8%
2019 6.67 +51.3%
2020 8.41 +26.1%
2021 9.22 +9.6%
2022 8.62 -6.5%
2023 14.93 +73.1%

Averages by decade

DecadeAverage LowestHighest Years
2010s 5.24 4.41 6.67 3
2020s 10.29 8.41 14.93 4

Countries ranked near Guinea-Bissau

  1. 25 Philippines 15.31 compare
  2. 26 Lebanon 15.23 compare
  3. 27 Malaysia 14.93 compare
  4. 29 Iceland 14.74 compare
  5. 30 Fiji 14.58 compare
  6. 31 South Africa 14.29 compare

See the full ranking of 152 places →

More reference data data for Guinea-Bissau

All data for Guinea-Bissau →

Frequently asked questions

What is share of government expenditure going to interest payments in Guinea-Bissau?
Share of government expenditure going to interest payments in Guinea-Bissau was 14.93 in 2023, according to Our World in Data.
What is the highest share of government expenditure going to interest payments recorded in Guinea-Bissau?
The highest recorded value was 14.93 in 2023.
What is the lowest share of government expenditure going to interest payments recorded in Guinea-Bissau?
The lowest recorded value was 4.41 in 2018.
How does Guinea-Bissau rank for share of government expenditure going to interest payments?
Guinea-Bissau ranks 28th out of 152 countries with data for 2023.
Is share of government expenditure going to interest payments rising or falling in Guinea-Bissau?
Over the last ten years it is up 222.2%. The long-run trend across the full record is rising.
Where does this Guinea-Bissau data come from?
The figures come from Our World in Data, published as part of Share of government expenditure going to interest payments. Statizoid updates them automatically from the source API.

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Share of government expenditure going to interest payments in Guinea-Bissau. Statizoid, drawing on Our World in Data. Retrieved 27 August 2026, from https://reference.statizoid.com/stat/share-of-government-expenditure-going-to-interest-payments/guinea-bissau/

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About this data

Indicator
Share of government expenditure going to interest payments
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
152 places, 4,278 data points, 1972–2024
Last refreshed