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 10.906 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 188 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 179.

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%. In the United States, it was most recently 1.23%.

Compared with the USA, prices for daily consumer goods are around 61.6% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.


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