Gross domestic product (GDP) in Guinea-Bissau
Guinea-Bissau: Gross domestic product (GDP) was 5.25 billion international-$ in 2021 prices in 2023. ▲ Rising
Latest (2023)
5.25 billion international-$ in 2021 prices
Change on year
up 2.9%
World rank
164th
of 184 countries
All-time high
5.25 billion international-$ in 2021 prices
in 2023
All-time low
1.12 billion international-$ in 2021 prices
in 1977
Years of data
49
1975–2023
Gross domestic product (GDP) in Guinea-Bissau, 1975–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.
Analysis
The most recent figure for gross domestic product (gdp) in Guinea-Bissau is 5.25 billion international-$ in 2021 prices, measured in 2023. That is the highest value across all 49 years on record.
The figure is up 2.9% on the previous year and up 86.4% over ten years.
Over the whole period, gross domestic product (gdp) in Guinea-Bissau peaked at 5.25 billion international-$ in 2021 prices in 2023 and was at its lowest, 1.12 billion international-$ in 2021 prices, in 1977.
Guinea-Bissau ranks 164th of 184 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 49 years of available data.
Gross domestic product (GDP) in Guinea-Bissau, year by year
| Year | international-$ in 2021 prices | Change |
|---|---|---|
| 1975 | 1.31 billion international-$ in 2021 prices | — |
| 1976 | 1.41 billion international-$ in 2021 prices | +8.0% |
| 1977 | 1.12 billion international-$ in 2021 prices | -20.9% |
| 1978 | 1.30 billion international-$ in 2021 prices | +16.5% |
| 1979 | 1.28 billion international-$ in 2021 prices | -1.3% |
| 1980 | 1.29 billion international-$ in 2021 prices | +0.9% |
| 1981 | 1.43 billion international-$ in 2021 prices | +10.8% |
| 1982 | 1.46 billion international-$ in 2021 prices | +1.6% |
| 1983 | 1.44 billion international-$ in 2021 prices | -1.2% |
| 1984 | 1.43 billion international-$ in 2021 prices | -0.3% |
| 1985 | 1.16 billion international-$ in 2021 prices | -18.8% |
| 1986 | 1.52 billion international-$ in 2021 prices | +30.9% |
| 1987 | 1.57 billion international-$ in 2021 prices | +2.7% |
| 1988 | 1.79 billion international-$ in 2021 prices | +14.0% |
| 1989 | 1.78 billion international-$ in 2021 prices | -0.1% |
| 1990 | 1.86 billion international-$ in 2021 prices | +4.4% |
| 1991 | 1.88 billion international-$ in 2021 prices | +0.8% |
| 1992 | 1.54 billion international-$ in 2021 prices | -18.0% |
| 1993 | 1.83 billion international-$ in 2021 prices | +19.1% |
| 1994 | 2.05 billion international-$ in 2021 prices | +11.6% |
| 1995 | 2.08 billion international-$ in 2021 prices | +1.5% |
| 1996 | 2.19 billion international-$ in 2021 prices | +5.3% |
| 1997 | 2.54 billion international-$ in 2021 prices | +16.0% |
| 1998 | 2.14 billion international-$ in 2021 prices | -15.7% |
| 1999 | 2.45 billion international-$ in 2021 prices | +14.7% |
| 2000 | 2.40 billion international-$ in 2021 prices | -2.1% |
| 2001 | 2.44 billion international-$ in 2021 prices | +1.8% |
| 2002 | 2.38 billion international-$ in 2021 prices | -2.8% |
| 2003 | 2.40 billion international-$ in 2021 prices | +1.0% |
| 2004 | 2.49 billion international-$ in 2021 prices | +3.8% |
| 2005 | 2.50 billion international-$ in 2021 prices | +0.2% |
| 2006 | 2.45 billion international-$ in 2021 prices | -2.0% |
| 2007 | 2.45 billion international-$ in 2021 prices | -0.0% |
| 2008 | 2.46 billion international-$ in 2021 prices | +0.6% |
| 2009 | 2.41 billion international-$ in 2021 prices | -2.1% |
| 2010 | 2.58 billion international-$ in 2021 prices | +6.9% |
| 2011 | 2.80 billion international-$ in 2021 prices | +8.5% |
| 2012 | 2.79 billion international-$ in 2021 prices | -0.1% |
| 2013 | 2.82 billion international-$ in 2021 prices | +0.8% |
| 2014 | 2.91 billion international-$ in 2021 prices | +3.2% |
| 2015 | 3.36 billion international-$ in 2021 prices | +15.7% |
| 2016 | 3.67 billion international-$ in 2021 prices | +9.3% |
| 2017 | 4.00 billion international-$ in 2021 prices | +8.9% |
| 2018 | 3.91 billion international-$ in 2021 prices | -2.4% |
| 2019 | 4.37 billion international-$ in 2021 prices | +11.9% |
| 2020 | 4.29 billion international-$ in 2021 prices | -1.8% |
| 2021 | 4.64 billion international-$ in 2021 prices | +8.2% |
| 2022 | 5.10 billion international-$ in 2021 prices | +9.9% |
| 2023 | 5.25 billion international-$ in 2021 prices | +2.9% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 5.25 billion international-$ in 2021 prices is below the median for low income countries, which is 42.81 billion international-$ in 2021 prices, 12% of the median. (22 countries reporting)
- Guinea-Bissau's 5.25 billion international-$ in 2021 prices is below the median for Sub-Saharan Africa, which is 45.59 billion international-$ in 2021 prices, 12% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.28 billion international-$ in 2021 prices | 1.12 billion international-$ in 2021 prices | 1.41 billion international-$ in 2021 prices | 5 |
| 1980s | 1.49 billion international-$ in 2021 prices | 1.16 billion international-$ in 2021 prices | 1.79 billion international-$ in 2021 prices | 10 |
| 1990s | 2.06 billion international-$ in 2021 prices | 1.54 billion international-$ in 2021 prices | 2.54 billion international-$ in 2021 prices | 10 |
| 2000s | 2.44 billion international-$ in 2021 prices | 2.38 billion international-$ in 2021 prices | 2.50 billion international-$ in 2021 prices | 10 |
| 2010s | 3.32 billion international-$ in 2021 prices | 2.58 billion international-$ in 2021 prices | 4.37 billion international-$ in 2021 prices | 10 |
| 2020s | 4.82 billion international-$ in 2021 prices | 4.29 billion international-$ in 2021 prices | 5.25 billion international-$ in 2021 prices | 4 |
Countries ranked near Guinea-Bissau
- 161 Gambia 7.65 billion international-$ in 2021 prices compare
- 162 Central African Republic 5.66 billion international-$ in 2021 prices compare
- 163 Lesotho 5.35 billion international-$ in 2021 prices compare
- 165 Cape Verde 4.97 billion international-$ in 2021 prices compare
- 166 Aruba 4.89 billion international-$ in 2021 prices compare
- 167 Belize 4.87 billion international-$ in 2021 prices 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$) 8.88 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product (gdp) in Guinea-Bissau?
- Gross domestic product (gdp) in Guinea-Bissau was 5.25 billion international-$ in 2021 prices in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest gross domestic product (gdp) recorded in Guinea-Bissau?
- The highest recorded value was 5.25 billion international-$ in 2021 prices in 2023.
- What is the lowest gross domestic product (gdp) recorded in Guinea-Bissau?
- The lowest recorded value was 1.12 billion international-$ in 2021 prices in 1977.
- How does Guinea-Bissau rank for gross domestic product (gdp)?
- Guinea-Bissau ranks 164th out of 184 countries with data for 2023.
- Is gross domestic product (gdp) rising or falling in Guinea-Bissau?
- Over the last ten years it is up 86.4%. The long-run trend across the full record is rising.
- Where does this Guinea-Bissau data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Gross domestic product (GDP). Statizoid updates them automatically from the source API.
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CSV · JSON — 49 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
Total economic output of a country or region per year. This data is adjusted for inflation and differences in living costs between countries.