Guinea-Bissau: the budget came out worse than the IMF forecast in 13 years out of 14
Each April the IMF forecasts the next year. For Guinea-Bissau, in 2011–2024 the budget came out worse than forecast in 13 of 14 years, typically by 2.1 percentage points of GDP. The biggest miss: 2020 — in April 2019 the IMF expected a deficit of 3.1% of GDP, the outcome was a deficit of 9.6% of GDP.
Source: IMF World Economic Outlook 2007–2026Open on the chart →