Gross domestic product (GDP), Constant prices, Purchasing power in Guinea-Bissau
Guinea-Bissau: Gross domestic product (GDP), Constant prices, Purchasing power was 3.77 in 2019. ▲ Rising
Latest (2019)
3.77
Change on year
up 4.5%
World rank
170th
of 193 countries
All-time high
3.77
in 2019
All-time low
1.13
in 1971
Years of data
60
1960–2019
Gross domestic product (GDP), Constant prices, Purchasing power in Guinea-Bissau, 1960–2019
Source: International Monetary Fund.
Analysis
Guinea-Bissau recorded 3.77 for gross domestic product (gdp), constant prices, purchasing power in 2019. That is the highest value across all 60 years on record.
That represents a change of up 4.5% on the previous year and up 49.5% over ten years.
Over the whole period, gross domestic product (gdp), constant prices, purchasing power in Guinea-Bissau peaked at 3.77 in 2019 and was at its lowest, 1.13, in 1971.
That places Guinea-Bissau 170th out of 193 countries with data for 2019, putting it in the bottom quarter.
The long-run direction has been consistently rising across the 60 years of available data.
Gross domestic product (GDP), Constant prices, Purchasing power in Guinea-Bissau, year by year
| Year | Value | Change |
|---|---|---|
| 1960 | 1.39 | — |
| 1961 | 1.43 | +3.3% |
| 1962 | 1.38 | -3.6% |
| 1963 | 1.6 | +15.7% |
| 1964 | 1.57 | -2.0% |
| 1965 | 1.58 | +0.5% |
| 1966 | 1.3 | -17.3% |
| 1967 | 1.44 | +10.7% |
| 1968 | 1.48 | +2.3% |
| 1969 | 1.53 | +3.4% |
| 1970 | 1.17 | -23.2% |
| 1971 | 1.13 | -3.9% |
| 1972 | 1.2 | +6.4% |
| 1973 | 1.21 | +1.1% |
| 1974 | 1.27 | +4.6% |
| 1975 | 1.37 | +7.8% |
| 1976 | 1.43 | +4.9% |
| 1977 | 1.33 | -7.2% |
| 1978 | 1.51 | +13.1% |
| 1979 | 1.54 | +2.0% |
| 1980 | 1.29 | -16.0% |
| 1981 | 1.28 | -0.5% |
| 1982 | 1.34 | +4.2% |
| 1983 | 1.29 | -3.4% |
| 1984 | 1.36 | +5.5% |
| 1985 | 1.42 | +4.3% |
| 1986 | 1.41 | -1.0% |
| 1987 | 1.49 | +5.6% |
| 1988 | 1.59 | +6.9% |
| 1989 | 1.66 | +4.5% |
| 1990 | 1.72 | +3.3% |
| 1991 | 1.77 | +3.0% |
| 1992 | 1.82 | +3.1% |
| 1993 | 1.87 | +2.3% |
| 1994 | 1.92 | +3.0% |
| 1995 | 2 | +4.0% |
| 1996 | 2.07 | +3.7% |
| 1997 | 2.2 | +6.0% |
| 1998 | 1.83 | -16.9% |
| 1999 | 2.07 | +13.2% |
| 2000 | 2.06 | -0.2% |
| 2001 | 2.1 | +2.0% |
| 2002 | 2.08 | -1.3% |
| 2003 | 2.09 | +0.4% |
| 2004 | 2.14 | +2.8% |
| 2005 | 2.23 | +4.3% |
| 2006 | 2.29 | +2.3% |
| 2007 | 2.36 | +3.3% |
| 2008 | 2.44 | +3.2% |
| 2009 | 2.52 | +3.4% |
| 2010 | 2.63 | +4.6% |
| 2011 | 2.85 | +8.1% |
| 2012 | 2.8 | -1.7% |
| 2013 | 2.89 | +3.3% |
| 2014 | 2.92 | +1.0% |
| 2015 | 3.1 | +6.1% |
| 2016 | 3.29 | +6.3% |
| 2017 | 3.49 | +5.9% |
| 2018 | 3.6 | +3.4% |
| 2019 | 3.77 | +4.5% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 3.77 is below the median for low income countries, which is 29.44, 13% of the median. (23 countries reporting)
- Guinea-Bissau's 3.77 is below the median for Sub-Saharan Africa, which is 30.24, 12% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 1.47 | 1.3 | 1.6 | 10 |
| 1970s | 1.32 | 1.13 | 1.54 | 10 |
| 1980s | 1.41 | 1.28 | 1.66 | 10 |
| 1990s | 1.93 | 1.72 | 2.2 | 10 |
| 2000s | 2.23 | 2.06 | 2.52 | 10 |
| 2010s | 3.13 | 2.63 | 3.77 | 10 |
Countries ranked near Guinea-Bissau
- 167 Timor-Leste 4.59 compare
- 168 Central African Republic 4.56 compare
- 169 Cape Verde 4.09 compare
- 171 Barbados 3.36 compare
- 172 Aruba 3.07 compare
- 173 Comoros 2.73 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), constant prices, purchasing power in Guinea-Bissau?
- Gross domestic product (gdp), constant prices, purchasing power in Guinea-Bissau was 3.77 in 2019, according to International Monetary Fund.
- What is the highest gross domestic product (gdp), constant prices, purchasing power recorded in Guinea-Bissau?
- The highest recorded value was 3.77 in 2019.
- What is the lowest gross domestic product (gdp), constant prices, purchasing power recorded in Guinea-Bissau?
- The lowest recorded value was 1.13 in 1971.
- How does Guinea-Bissau rank for gross domestic product (gdp), constant prices, purchasing power?
- Guinea-Bissau ranks 170th out of 193 countries with data for 2019.
- Is gross domestic product (gdp), constant prices, purchasing power rising or falling in Guinea-Bissau?
- Over the last ten years it is up 49.5%. The long-run trend across the full record is rising.
- Where does this Guinea-Bissau data come from?
- The figures come from International Monetary Fund, published as part of Gross domestic product (GDP), Constant prices, Purchasing power parity (PPP) international dollar, ICP benchmark 2017. Statizoid updates them automatically from the source API.
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About this data
This dataset provides comprehensive data for investment and capital stock for the general government, private sector and public-private partnerships, across the Fund member countries.