Annual GDP growth (%) in Guinea-Bissau
Guinea-Bissau: Annual GDP growth (%) was 4.1% in 2024. ◆ Volatile
Annual GDP growth in Guinea-Bissau, 2000–2024
Source: United Nations Statistics Division, SDG Global Database. Measured in %.
Analysis
The most recent figure for annual gdp growth in Guinea-Bissau is 4.1%, measured in 2024.
The figure is down 28.8% on the previous year and up 329.9% over ten years.
Over the whole period, annual gdp growth in Guinea-Bissau peaked at 8.1% in 2011 and was at its lowest, -1.7%, in 2012.
Guinea-Bissau ranks 69th of 230 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth (%) in Guinea-Bissau, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 1.1% | — |
| 2001 | 4.8% | +335.0% |
| 2002 | 3.7% | -23.7% |
| 2003 | -0.3% | -107.8% |
| 2004 | 1.2% | -509.9% |
| 2005 | 6.6% | +459.8% |
| 2006 | 2.7% | -59.4% |
| 2007 | 2.6% | -4.0% |
| 2008 | 4.5% | +76.8% |
| 2009 | 2.4% | -45.9% |
| 2010 | 5.6% | +129.0% |
| 2011 | 8.1% | +44.2% |
| 2012 | -1.7% | -121.2% |
| 2013 | 3.3% | -290.1% |
| 2014 | 1.0% | -70.4% |
| 2015 | 6.1% | +536.0% |
| 2016 | 5.4% | -11.4% |
| 2017 | 4.7% | -14.2% |
| 2018 | 3.8% | -19.3% |
| 2019 | 5.3% | +41.6% |
| 2020 | 2.9% | -45.7% |
| 2021 | 5.1% | +74.7% |
| 2022 | 5.5% | +9.5% |
| 2023 | 5.8% | +5.4% |
| 2024 | 4.1% | -28.8% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 4.1% is above the median for low income countries, which is 4.1%, 1.0× the median. (23 countries reporting)
- Guinea-Bissau's 4.1% is above the median for Sub-Saharan Africa, which is 4.1%, 1.0× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Annual GDP growth (%) in Guinea-Bissau changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2015 | +536.0% | 1.0% | 6.1% |
| 2004 | +509.9% | -0.3% | 1.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.9% | -0.3% | 6.6% | 10 |
| 2010s | 4.2% | -1.7% | 8.1% | 10 |
| 2020s | 4.7% | 2.9% | 5.8% | 5 |
Countries ranked near Guinea-Bissau
- 66 Bangladesh 4.2% compare
- 67 Madagascar 4.2% compare
- 68 Chad 4.2% compare
- 70 Lao People's Democratic Republic 4.1% compare
- 70 Laos 4.1% compare
- 72 Burundi 4.1% compare
More economy & growth data for Guinea-Bissau
- Real gdp growth, annual growth rate 13.04 % change on previous year (2023)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.42 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate 8.52 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0357 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 40.07 units per person (2025)
- SDRs holdings, SDR, annual growth rate 3.34 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.026 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 29.26 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.94 % change on previous year (2025)
Frequently asked questions
- What is annual gdp growth in Guinea-Bissau?
- Annual gdp growth in Guinea-Bissau was 4.1% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual gdp growth recorded in Guinea-Bissau?
- The highest recorded value was 8.1% in 2011.
- What is the lowest annual gdp growth recorded in Guinea-Bissau?
- The lowest recorded value was -1.7% in 2012.
- How does Guinea-Bissau rank for annual gdp growth?
- Guinea-Bissau ranks 69th out of 230 countries with data for 2024.
- Is annual gdp growth rising or falling in Guinea-Bissau?
- Over the last ten years it is up 329.9%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Annual GDP growth (%). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).