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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.


Back to overview: Guinea-Bissau

Unemployment rates in percent 1991 - 2020

Economic performance 2020

 Guinea-Bissau
Total
Guinea-Bissau
per capita
EU
Total
EU
per capita
GDP1.43 bn USD727.52 USD15,192.65 tn USD29,499.72 USD
Gross national product1.50 bn USD761.36 USD16,012.29 tn USD31,091.23 USD


Development of gross domestic product in million US Dollar 1979 - 2020



Im- and Exports 2019

 Guinea-Bissau
Total
Guinea-Bissau
per capita
EU
Total
EU
per capita
Imports502.20 m USD255.18 USD7,314.16 bn USD14,201.97 USD
Exports291.81 m USD148.28 USD7,834.94 bn USD15,213.17 USD


Development of imports and exports in million US dollars 1982 - 2019

Exports
Imports



Guinea-Bissau: AirportsThe 1 airports in Guinea-BissauOsvaldo Vieira International Airport - the only public airport in Guinea-Bissau with further information on airlines and destinations
Guinea-Bissau: OverviewGuinea-Bissau: country data and statisticsGuinea-Bissau in numbers: demographics, economy, energy, climate and more data and comparisons with other countries.
Pariah StatesList of the 11 current Pariah States11 countries, which suffer from the sanctions of the international community because of their mostly autocratic government.