GDP Deflator — Value US$, 2015 prices in Guinea-Bissau
Guinea-Bissau: GDP Deflator — Value US$, 2015 prices was 118.12 USD in 2024. ▲ Rising
GDP Deflator — Value US$, 2015 prices in Guinea-Bissau, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in USD.
Analysis
In 2024, gdp deflator — value us$, 2015 prices in Guinea-Bissau stood at 118.12 USD.
The figure is down 2.7% on the previous year and up 10.6% over ten years.
Over the whole period, gdp deflator — value us$, 2015 prices in Guinea-Bissau peaked at 121.35 USD in 2023 and was at its lowest, 52.08 USD, in 2000.
That places Guinea-Bissau 113th out of 222 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently rising across the 55 years of available data.
GDP Deflator — Value US$, 2015 prices in Guinea-Bissau, year by year
| Year | USD | Change |
|---|---|---|
| 1970 | 70.76 USD | — |
| 1971 | 73.03 USD | +3.2% |
| 1972 | 80.36 USD | +10.0% |
| 1973 | 97.94 USD | +21.9% |
| 1974 | 102.93 USD | +5.1% |
| 1975 | 109.76 USD | +6.6% |
| 1976 | 94.15 USD | -14.2% |
| 1977 | 87.19 USD | -7.4% |
| 1978 | 89.02 USD | +2.1% |
| 1979 | 95.51 USD | +7.3% |
| 1980 | 107.3 USD | +12.3% |
| 1981 | 117.49 USD | +9.5% |
| 1982 | 92.32 USD | -21.4% |
| 1983 | 95.93 USD | +3.9% |
| 1984 | 99.39 USD | +3.6% |
| 1985 | 86.23 USD | -13.2% |
| 1986 | 96.78 USD | +12.2% |
| 1987 | 99.17 USD | +2.5% |
| 1988 | 87.77 USD | -11.5% |
| 1989 | 101.02 USD | +15.1% |
| 1990 | 104.81 USD | +3.7% |
| 1991 | 108.35 USD | +3.4% |
| 1992 | 110.82 USD | +2.3% |
| 1993 | 113.45 USD | +2.4% |
| 1994 | 115.87 USD | +2.1% |
| 1995 | 118.3 USD | +2.1% |
| 1996 | 76.39 USD | -35.4% |
| 1997 | 55.47 USD | -27.4% |
| 1998 | 60.82 USD | +9.6% |
| 1999 | 58.05 USD | -4.6% |
| 2000 | 52.08 USD | -10.3% |
| 2001 | 53.42 USD | +2.6% |
| 2002 | 58.34 USD | +9.2% |
| 2003 | 67.64 USD | +15.9% |
| 2004 | 73.35 USD | +8.4% |
| 2005 | 77.61 USD | +5.8% |
| 2006 | 76.55 USD | -1.4% |
| 2007 | 87.21 USD | +13.9% |
| 2008 | 105.27 USD | +20.7% |
| 2009 | 97.38 USD | -7.5% |
| 2010 | 95.3 USD | -2.1% |
| 2011 | 114.1 USD | +19.7% |
| 2012 | 104.42 USD | -8.5% |
| 2013 | 106.94 USD | +2.4% |
| 2014 | 106.81 USD | -0.1% |
| 2015 | 100 USD | -6.4% |
| 2016 | 105.85 USD | +5.8% |
| 2017 | 114.44 USD | +8.1% |
| 2018 | 116.61 USD | +1.9% |
| 2019 | 106.73 USD | -8.5% |
| 2020 | 107.56 USD | +0.8% |
| 2021 | 114.65 USD | +6.6% |
| 2022 | 109.37 USD | -4.6% |
| 2023 | 121.35 USD | +11.0% |
| 2024 | 118.12 USD | -2.7% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 118.12 USD is below the median for low income countries, which is 119.16 USD, 99% of the median. (22 countries reporting)
- Guinea-Bissau's 118.12 USD is above the median for Sub-Saharan Africa, which is 112.88 USD, 1.0× the median. (44 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 90.06 USD | 70.76 USD | 109.76 USD | 10 |
| 1980s | 98.34 USD | 86.23 USD | 117.49 USD | 10 |
| 1990s | 92.23 USD | 55.47 USD | 118.3 USD | 10 |
| 2000s | 74.88 USD | 52.08 USD | 105.27 USD | 10 |
| 2010s | 107.12 USD | 95.3 USD | 116.61 USD | 10 |
| 2020s | 114.21 USD | 107.56 USD | 121.35 USD | 5 |
Countries ranked near Guinea-Bissau
- 110 Dominican Republic 118.95 USD compare
- 111 Cabo Verde 118.88 USD compare
- 112 Finland 118.2 USD compare
- 114 Gambia 118.06 USD compare
- 115 Democratic Republic of the Congo 117.43 USD compare
- 116 Ireland 117.27 USD 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 gdp deflator — value us$, 2015 prices in Guinea-Bissau?
- Gdp deflator — value us$, 2015 prices in Guinea-Bissau was 118.12 USD in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gdp deflator — value us$, 2015 prices recorded in Guinea-Bissau?
- The highest recorded value was 121.35 USD in 2023.
- What is the lowest gdp deflator — value us$, 2015 prices recorded in Guinea-Bissau?
- The lowest recorded value was 52.08 USD in 2000.
- How does Guinea-Bissau rank for gdp deflator — value us$, 2015 prices?
- Guinea-Bissau ranks 113th out of 222 countries with data for 2024.
- Is gdp deflator — value us$, 2015 prices rising or falling in Guinea-Bissau?
- Over the last ten years it is up 10.6%. The long-run trend across the full record is rising.
- 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 US$, 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).