Guinea Bissau recorded a Government Budget deficit equal to 2.50 percent of the country's Gross Domestic Product in 2018. Government Budget in Guinea Bissau averaged -2.84 percent of GDP from 2002 until 2018, reaching an all time high of 3.60 percent of GDP in 2009 and a record low of -9.50 percent of GDP in 2006.
Government Budget in Guinea Bissau is expected to be -3.00 percent of GDP by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guinea Bissau Government Budget is projected to trend around -2.70 percent of GDP in 2020, according to our econometric models.