General Government Revenue for Guinea-Bissau
GNBGGRG01GDPPT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.23
Year-over-Year Change
4.62%
Date Range
1/1/2000 - 1/1/2026
Summary
The General Government Revenue for Guinea-Bissau measures the total revenue collected by the government, including taxes, social contributions, grants, and other revenues. This metric is crucial for understanding the fiscal health and economic policies of the country.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic indicator represents the overall revenue generated by the Guinean government through various sources. It is used by economists, policymakers, and international organizations to analyze the government's ability to fund public services, manage debt, and implement fiscal policies.
Methodology
The data is collected and reported by the International Monetary Fund (IMF) as part of its Government Finance Statistics (GFS) program.
Historical Context
General government revenue is a key indicator for evaluating a country's fiscal sustainability and the potential impact of economic and policy changes.
Key Facts
- Guinea-Bissau's general government revenue was 13.4% of GDP in 2021.
- The government's revenue-to-GDP ratio has fluctuated between 10-15% over the past decade.
- Tax revenue accounts for the largest share of total government revenue in Guinea-Bissau.
FAQs
Q: What does this economic trend measure?
A: The General Government Revenue for Guinea-Bissau measures the total revenue collected by the government, including taxes, social contributions, grants, and other revenues.
Q: Why is this trend relevant for users or analysts?
A: This indicator is crucial for understanding the fiscal health and economic policies of Guinea-Bissau, as it reflects the government's ability to fund public services, manage debt, and implement fiscal policies.
Q: How is this data collected or calculated?
A: The data is collected and reported by the International Monetary Fund (IMF) as part of its Government Finance Statistics (GFS) program.
Q: How is this trend used in economic policy?
A: General government revenue is a key indicator for evaluating a country's fiscal sustainability and the potential impact of economic and policy changes, making it relevant for policymakers, economists, and international organizations.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedule and data availability of the IMF's Government Finance Statistics program.
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Citation
U.S. Federal Reserve, General Government Revenue for Guinea-Bissau (GNBGGRG01GDPPT), retrieved from FRED.