Annual GDP growth in Guinea-Bissau

Guinea-Bissau: Annual GDP growth was 4.1% in 2024. ◆ Volatile

Latest (2024)
4.1%
Change on year
down 28.8%
World rank
58th
of 196 countries
All-time high
8.1%
in 2011
All-time low
-1.7%
in 2012
Years of data
25
2000–2024

Annual GDP growth in Guinea-Bissau, 2000–2024

-2024682000201220242000: 1.12001: 4.82002: 3.72003: -0.2862004: 1.22005: 6.62006: 2.72007: 2.62008: 4.52009: 2.42010: 5.62011: 8.12012: -1.72013: 3.32014: 0.9652015: 6.12016: 5.42017: 4.72018: 3.82019: 5.32020: 2.92021: 5.12022: 5.52023: 5.82024: 4.1

Source: United Nations Statistics Division, SDG Global Database.

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 58th of 196 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

Annual values for Annual GDP growth (%) in Guinea-Bissau, 2000 to 2024.
Year Value 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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 55 Bangladesh 4.2% compare
  2. 56 Madagascar 4.2% compare
  3. 57 Chad 4.2% compare
  4. 59 Burundi 4.1% compare
  5. 60 Somalia 4.1% compare
  6. 61 Azerbaijan 4.1% compare

See the full ranking of 252 places →

More economy & growth data for Guinea-Bissau

All data for Guinea-Bissau →

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 58th out of 196 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.

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Annual GDP growth in Guinea-Bissau. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 27 August 2026, from https://economy.statizoid.com/stat/annual-gdp-growth-percent/guinea-bissau/

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About this data

Indicator
Annual GDP growth (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
252 places, 6,105 data points, 2000–2024
Last refreshed