GDP Deflator — Value Standard Local Currency, 2015 prices in Guinea-Bissau
Guinea-Bissau: GDP Deflator — Value Standard Local Currency, 2015 prices was 121.15 SLC in 2024. ◆ Volatile
GDP Deflator — Value Standard Local Currency, 2015 prices in Guinea-Bissau, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in SLC.
Analysis
Guinea-Bissau recorded 121.15 SLC for gdp deflator — value standard local currency, 2015 prices in 2024.
Compared with earlier readings it is down 2.7% on the previous year and up 35.8% over ten years.
Over the whole period, gdp deflator — value standard local currency, 2015 prices in Guinea-Bissau peaked at 124.5 SLC in 2023 and was at its lowest, 0.0529 SLC, in 1970.
Guinea-Bissau ranks 146th of 194 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
GDP Deflator — Value Standard Local Currency, 2015 prices in Guinea-Bissau, year by year
| Year | SLC | Change |
|---|---|---|
| 1970 | 0.0529 SLC | — |
| 1971 | 0.0539 SLC | +1.8% |
| 1972 | 0.0566 SLC | +5.0% |
| 1973 | 0.0625 SLC | +10.4% |
| 1974 | 0.0681 SLC | +8.9% |
| 1975 | 0.073 SLC | +7.2% |
| 1976 | 0.0741 SLC | +1.5% |
| 1977 | 0.0763 SLC | +3.1% |
| 1978 | 0.0812 SLC | +6.3% |
| 1979 | 0.0846 SLC | +4.3% |
| 1980 | 0.0944 SLC | +11.5% |
| 1981 | 0.1142 SLC | +20.9% |
| 1982 | 0.133 SLC | +16.5% |
| 1983 | 0.164 SLC | +23.3% |
| 1984 | 0.2704 SLC | +64.9% |
| 1985 | 0.3574 SLC | +32.1% |
| 1986 | 0.7624 SLC | +113.3% |
| 1987 | 1.44 SLC | +89.2% |
| 1988 | 2.53 SLC | +75.7% |
| 1989 | 5.13 SLC | +102.3% |
| 1990 | 6.86 SLC | +33.8% |
| 1991 | 11.75 SLC | +71.3% |
| 1992 | 19.01 SLC | +61.8% |
| 1993 | 28.29 SLC | +48.8% |
| 1994 | 30.13 SLC | +6.5% |
| 1995 | 55.63 SLC | +84.6% |
| 1996 | 52.43 SLC | -5.8% |
| 1997 | 54.77 SLC | +4.5% |
| 1998 | 60.69 SLC | +10.8% |
| 1999 | 60.43 SLC | -0.4% |
| 2000 | 62.56 SLC | +3.5% |
| 2001 | 66.17 SLC | +5.8% |
| 2002 | 68.45 SLC | +3.4% |
| 2003 | 66.34 SLC | -3.1% |
| 2004 | 65.42 SLC | -1.4% |
| 2005 | 69.22 SLC | +5.8% |
| 2006 | 67.64 SLC | -2.3% |
| 2007 | 70.61 SLC | +4.4% |
| 2008 | 79.41 SLC | +12.5% |
| 2009 | 77.46 SLC | -2.5% |
| 2010 | 79.76 SLC | +3.0% |
| 2011 | 90.95 SLC | +14.0% |
| 2012 | 90.18 SLC | -0.9% |
| 2013 | 89.34 SLC | -0.9% |
| 2014 | 89.2 SLC | -0.1% |
| 2015 | 100 SLC | +12.1% |
| 2016 | 106.1 SLC | +6.1% |
| 2017 | 112.4 SLC | +5.9% |
| 2018 | 109.55 SLC | -2.5% |
| 2019 | 105.77 SLC | -3.5% |
| 2020 | 104.71 SLC | -1.0% |
| 2021 | 107.54 SLC | +2.7% |
| 2022 | 115.39 SLC | +7.3% |
| 2023 | 124.5 SLC | +7.9% |
| 2024 | 121.15 SLC | -2.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.0683 SLC | 0.0529 SLC | 0.0846 SLC | 10 |
| 1980s | 1.1 SLC | 0.0944 SLC | 5.13 SLC | 10 |
| 1990s | 38 SLC | 6.86 SLC | 60.69 SLC | 10 |
| 2000s | 69.33 SLC | 62.56 SLC | 79.41 SLC | 10 |
| 2010s | 97.32 SLC | 79.76 SLC | 112.4 SLC | 10 |
| 2020s | 114.66 SLC | 104.71 SLC | 124.5 SLC | 5 |
Countries ranked near Guinea-Bissau
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)
- Gross value added at basic prices (GVA) (current US$), annual growth 14.63 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9544 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 1,073 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 10.01 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 555.41 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 624,155 current LCU per person (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 5.74 % change on previous year (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per unit 0.6856 constant 2015 US$ per US$ of GDP (2025)
Frequently asked questions
- What is gdp deflator — value standard local currency, 2015 prices in Guinea-Bissau?
- Gdp deflator — value standard local currency, 2015 prices in Guinea-Bissau was 121.15 SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value standard local currency, 2015 prices recorded in Guinea-Bissau?
- The highest recorded value was 124.5 SLC in 2023.
- What is the lowest gdp deflator — value standard local currency, 2015 prices recorded in Guinea-Bissau?
- The lowest recorded value was 0.0529 SLC in 1970.
- How does Guinea-Bissau rank for gdp deflator — value standard local currency, 2015 prices?
- Guinea-Bissau ranks 146th out of 194 countries with data for 2024.
- Is gdp deflator — value standard local currency, 2015 prices rising or falling in Guinea-Bissau?
- Over the last ten years it is up 35.8%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of GDP Deflator — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Deflators database provides the following selection of price deflator series by country and at regional level: Gross Domestic Product deflator, Gross Fixed Capital Formation deflator, Manufacturing Value-Added deflator, and Agriculture, Forestry, Fishery Valued-Added deflator. In the FAOSTAT Deflators database, all series are derived from the United Nations Statistics Division (UNSD) National Accounts Analysis of Main Aggregates database (UNSD AMA). In particular, the implicit Gross Domestic Product deflator, the implicit Gross Fixed Capital Formation deflator, the implicit value added deflator of Agriculture, Forestry, Fishery and the implicit value added deflator of Manufacturing are obtained by dividing the series in current prices by those in constant 2015 prices (base year).