Guinea Bissau Government Debt To GDP

Guinea Bissau recorded a Government Debt to GDP of 17.70 percent of the countrys Gross Domestic Product in 2011. From 2003 until 2011, Guinea Bissau Government Debt To GDP averaged 134.5 percent reaching an all time high of 217.5 percent in December of 2003 and a record low of 17.7 percent in December of 2011. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Guinea Bissau Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-20

Actual Previous Highest Lowest Forecast Dates Unit Frequency
17.70 18.90 217.50 17.70 10.80 | 2012/12 2003 - 2011 percent Yearly

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Guinea Bissau Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Debt To GDP 17.70 2011-12-31 18.90 217.50 17.70 10.80 2012-12-31 percent [+]
Government Budget -2.30 2012-12-31 0.70 3.60 -9.50 -5.05 2013-12-31 Percent of GDP [+]
Credit Rating 15.00 [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


RELATED NEWS

Guinea Bissau Inflation Rate at -2.10 percent  
The inflation rate in Guinea Bissau was recorded at -2.10 percent in February of 2014. Inflation Rate in Guinea Bissau is reported by the Central Bank of West African States (BCEAO).
Guinea Bissau Current Account to GDP at -6.30 Percent  
Guinea Bissau recorded a Current Account deficit of 6.30 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Guinea Bissau is reported by the Central Bank of West African States (BCEAO).
Guinea Bissau Balance of Trade at -34.65 CFA Franc Billion  
Guinea Bissau recorded a trade deficit of 34.65 CFA Franc Billion in 2010. Balance of Trade in Guinea Bissau is reported by the Central Bank of West African States (BCEAO).
Guinea Bissau Interest Rate at 3.50 percent  
The benchmark interest rate in Guinea Bissau was last recorded at 3.50 percent. Interest Rate in Guinea Bissau is reported by the Central Bank of West African States (BCEAO).
Guinea Bissau Current Account at -35.05 CFA Franc Billion  
Guinea Bissau recorded a Current Account deficit of 35.05 CFA Franc Billion in 2010. Current Account in Guinea Bissau is reported by the Central Bank of West African States (BCEAO).
Guinea Bissau Government Budget at -2.30 Percent of GDP  
Guinea Bissau recorded a Government Budget deficit equal to 2.30 percent of the country's Gross Domestic Product in 2012. Government Budget in Guinea Bissau is reported by the Central Bank of West African States (BCEAO).
Guinea Bissau GDP per capita at 423.38 USD  
The Gross Domestic Product per capita in Guinea Bissau was last recorded at 423.38 US dollars in 2012. The GDP per Capita in Guinea Bissau is equivalent to 3 percent of the worlds average. GDP per capita in Guinea Bissau is reported by the World Bank.
Guinea Bissau GDP per capita PPP at 1027.70 USD  
The Gross Domestic Product per capita in Guinea Bissau was last recorded at 1027.70 US dollars in 2012, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Guinea Bissau, when adjusted by Purchasing Power Parity is equivalent to 5 percent of the worlds average. GDP per capita PPP in Guinea Bissau is reported by the World Bank.
Guinea Bissau Population at 1.66 million  
The total population in Guinea Bissau was last recorded at 1.7 million people in 2012 from 0.6 million in 1960, changing 159 percent during the last 50 years. Population in Guinea Bissau is reported by the World Bank.
Guinea Bissau GDP at 0.89 USD Billion  
The Gross Domestic Product (GDP) in Guinea Bissau was worth 0.89 billion US dollars in 2012. The GDP value of Guinea Bissau represents less than 0.01 percent of the world economy. GDP in Guinea Bissau is reported by the World Bank.
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