Annual growth of households and NPISHs final consumption expenditure in Guinea-Bissau
Guinea-Bissau: Annual growth of households and NPISHs final consumption expenditure was 2.9% in 2024. ◆ Volatile
Annual growth of households and NPISHs final consumption expenditure in Guinea-Bissau, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, annual growth of households and npishs final consumption expenditure in Guinea-Bissau stood at 2.9%.
That represents a change of down 2.8% on the previous year and up 567.2% over ten years.
Over the whole period, annual growth of households and npishs final consumption expenditure in Guinea-Bissau peaked at 23.2% in 2004 and was at its lowest, -10.5%, in 2003.
That places Guinea-Bissau 101st out of 185 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual growth of households and NPISHs final consumption expenditure in Guinea-Bissau, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | -4.9% | — |
| 2001 | 7.6% | -254.1% |
| 2002 | -6.4% | -184.5% |
| 2003 | -10.5% | +64.0% |
| 2004 | 23.2% | -319.9% |
| 2005 | -0.4% | -101.5% |
| 2006 | 10.0% | -2909.4% |
| 2007 | -2.3% | -123.0% |
| 2008 | 14.8% | -746.1% |
| 2009 | -8.8% | -159.4% |
| 2010 | 6.2% | -169.9% |
| 2011 | 2.9% | -53.2% |
| 2012 | -2.8% | -195.5% |
| 2013 | -0.3% | -88.1% |
| 2014 | -0.6% | +88.7% |
| 2015 | 13.5% | -2275.0% |
| 2016 | 5.2% | -61.8% |
| 2017 | 6.9% | +33.0% |
| 2018 | 7.7% | +11.8% |
| 2019 | 12.2% | +59.1% |
| 2020 | -4.3% | -134.9% |
| 2021 | 9.0% | -312.2% |
| 2022 | 9.1% | +0.1% |
| 2023 | 3.0% | -67.1% |
| 2024 | 2.9% | -2.8% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 2.9% is above the median for low income countries, which is 2.8%, 1.0× the median. (20 countries reporting)
- Guinea-Bissau's 2.9% is below the median for Sub-Saharan Africa, which is 3.1%, 93% of the median. (40 countries reporting)
Biggest year-on-year movements
Years where Annual growth of households and NPISHs final consumption expenditure 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 |
|---|---|---|---|
| 2006 | +2909.4% | -0.4% | 10.0% |
| 2015 | +2275.0% | -0.6% | 13.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 2.2% | -10.5% | 23.2% | 10 |
| 2010s | 5.1% | -2.8% | 13.5% | 10 |
| 2020s | 3.9% | -4.3% | 9.1% | 5 |
Countries ranked near Guinea-Bissau
- 98 Mauritania 3.0% compare
- 99 Poland 3.0% compare
- 100 Senegal 3.0% compare
- 102 Puerto Rico 2.9% compare
- 103 Cameroon 2.8% compare
- 104 Madagascar 2.8% compare
More economy & growth data for Guinea-Bissau
- 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 389,069 BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0002 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.1767 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 26.65 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 6.04 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0121 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 12.11 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 8.88 % change on previous year (2025)
Frequently asked questions
- What is annual growth of households and npishs final consumption expenditure in Guinea-Bissau?
- Annual growth of households and npishs final consumption expenditure in Guinea-Bissau was 2.9% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest annual growth of households and npishs final consumption expenditure recorded in Guinea-Bissau?
- The highest recorded value was 23.2% in 2004.
- What is the lowest annual growth of households and npishs final consumption expenditure recorded in Guinea-Bissau?
- The lowest recorded value was -10.5% in 2003.
- How does Guinea-Bissau rank for annual growth of households and npishs final consumption expenditure?
- Guinea-Bissau ranks 101st out of 185 countries with data for 2024.
- Is annual growth of households and npishs final consumption expenditure rising or falling in Guinea-Bissau?
- Over the last ten years it is up 567.2%. 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 growth of households and NPISHs final consumption expenditure (%). Statizoid updates them automatically from the source API.
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