Indicators of economy in Guinea-Bissau

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2020 was at about 10.922 US Dollar per capita. In contrast, the GDP in Guinea-Bissau reached 728 US dollars per inhabitant, or 1.43 bn US Dollar in the whole country. Guinea-Bissau is currently at number 186 among the international economies and is therefore one of the less significant. If this is calculated per inhabitant taking into account the purchasing power parity, then Guinea-Bissau is in the list of the world's richest countries in place 165.

Inflation in Guinea-Bissau was in 2019 at around 0.25%. For the the EU, the average of the same was year at 0.50%.

Compared to Germany, the prices for convenience goods are approximately 57.51% lower.
The Corruption Perceptions Index for the public sector counts 19 and is compared to other countries very bad.


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