Gross Domestic Product — Value Standard Local Currency, 2015 prices in Guinea-Bissau
Guinea-Bissau: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 0.0004 million SLC per US$ of GDP in 2024. ▼ Falling
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Guinea-Bissau, 1970–2024
Source: Statizoid (derived). Measured in million SLC per US$ of GDP.
Analysis
Guinea-Bissau recorded 0.0004 million SLC per US$ of GDP for gross domestic product — value standard local currency, 2015 prices in 2024.
That represents a change of down 1.0% on the previous year and down 16.8% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Guinea-Bissau peaked at 0.0011 million SLC per US$ of GDP in 1970 and was at its lowest, 0.0004 million SLC per US$ of GDP, in 2021.
That places Guinea-Bissau 32nd out of 193 countries with data for 2024, putting it in the top quarter.
The long-run direction has been consistently falling across the 55 years of available data.
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Guinea-Bissau, year by year
| Year | million SLC per US$ of GDP | Change |
|---|---|---|
| 1970 | 0.0011 million SLC per US$ of GDP | — |
| 1971 | 0.0011 million SLC per US$ of GDP | -3.7% |
| 1972 | 0.0011 million SLC per US$ of GDP | -4.7% |
| 1973 | 0.001 million SLC per US$ of GDP | -0.8% |
| 1974 | 0.001 million SLC per US$ of GDP | -5.4% |
| 1975 | 0.001 million SLC per US$ of GDP | -2.3% |
| 1976 | 0.001 million SLC per US$ of GDP | +1.8% |
| 1977 | 0.0009 million SLC per US$ of GDP | -9.3% |
| 1978 | 0.0009 million SLC per US$ of GDP | +6.0% |
| 1979 | 0.001 million SLC per US$ of GDP | +5.5% |
| 1980 | 0.0009 million SLC per US$ of GDP | -10.0% |
| 1981 | 0.0006 million SLC per US$ of GDP | -28.8% |
| 1982 | 0.0006 million SLC per US$ of GDP | -2.6% |
| 1983 | 0.0006 million SLC per US$ of GDP | -2.3% |
| 1984 | 0.0008 million SLC per US$ of GDP | +24.6% |
| 1985 | 0.0008 million SLC per US$ of GDP | +0.4% |
| 1986 | 0.0008 million SLC per US$ of GDP | +9.4% |
| 1987 | 0.0007 million SLC per US$ of GDP | -20.9% |
| 1988 | 0.0007 million SLC per US$ of GDP | +13.0% |
| 1989 | 0.0006 million SLC per US$ of GDP | -19.4% |
| 1990 | 0.0005 million SLC per US$ of GDP | -9.7% |
| 1991 | 0.0005 million SLC per US$ of GDP | -2.3% |
| 1992 | 0.0006 million SLC per US$ of GDP | +17.1% |
| 1993 | 0.0006 million SLC per US$ of GDP | -2.3% |
| 1994 | 0.0006 million SLC per US$ of GDP | +3.5% |
| 1995 | 0.0006 million SLC per US$ of GDP | -3.5% |
| 1996 | 0.0006 million SLC per US$ of GDP | -2.6% |
| 1997 | 0.0006 million SLC per US$ of GDP | +6.7% |
| 1998 | 0.0006 million SLC per US$ of GDP | -1.9% |
| 1999 | 0.0007 million SLC per US$ of GDP | +15.5% |
| 2000 | 0.0011 million SLC per US$ of GDP | +47.8% |
| 2001 | 0.001 million SLC per US$ of GDP | -3.2% |
| 2002 | 0.0009 million SLC per US$ of GDP | -12.7% |
| 2003 | 0.0008 million SLC per US$ of GDP | -15.3% |
| 2004 | 0.0007 million SLC per US$ of GDP | -2.3% |
| 2005 | 0.0007 million SLC per US$ of GDP | -5.1% |
| 2006 | 0.0007 million SLC per US$ of GDP | +3.1% |
| 2007 | 0.0006 million SLC per US$ of GDP | -13.0% |
| 2008 | 0.0005 million SLC per US$ of GDP | -18.4% |
| 2009 | 0.0006 million SLC per US$ of GDP | +10.6% |
| 2010 | 0.0006 million SLC per US$ of GDP | -0.9% |
| 2011 | 0.0005 million SLC per US$ of GDP | -12.2% |
| 2012 | 0.0005 million SLC per US$ of GDP | +8.4% |
| 2013 | 0.0005 million SLC per US$ of GDP | -2.4% |
| 2014 | 0.0005 million SLC per US$ of GDP | -1.3% |
| 2015 | 0.0005 million SLC per US$ of GDP | +4.6% |
| 2016 | 0.0005 million SLC per US$ of GDP | -1.6% |
| 2017 | 0.0005 million SLC per US$ of GDP | -10.3% |
| 2018 | 0.0005 million SLC per US$ of GDP | -1.9% |
| 2019 | 0.0005 million SLC per US$ of GDP | +1.7% |
| 2020 | 0.0005 million SLC per US$ of GDP | -5.0% |
| 2021 | 0.0004 million SLC per US$ of GDP | -5.1% |
| 2022 | 0.0005 million SLC per US$ of GDP | +7.5% |
| 2023 | 0.0004 million SLC per US$ of GDP | -6.0% |
| 2024 | 0.0004 million SLC per US$ of GDP | -1.0% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 0.0004 million SLC per US$ of GDP is above the median for low income countries, which is 0.0004 million SLC per US$ of GDP, 1.0× the median. (23 countries reporting)
- Guinea-Bissau's 0.0004 million SLC per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.0004 million SLC per US$ of GDP, 1.1× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency, 2015 prices 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 |
|---|---|---|---|
| 2000 | +47.8% | 0.0007 million SLC per US$ of GDP | 0.0011 million SLC per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 0.001 million SLC per US$ of GDP | 0.0009 million SLC per US$ of GDP | 0.0011 million SLC per US$ of GDP | 10 |
| 1980s | 0.0007 million SLC per US$ of GDP | 0.0006 million SLC per US$ of GDP | 0.0009 million SLC per US$ of GDP | 10 |
| 1990s | 0.0006 million SLC per US$ of GDP | 0.0005 million SLC per US$ of GDP | 0.0007 million SLC per US$ of GDP | 10 |
| 2000s | 0.0008 million SLC per US$ of GDP | 0.0005 million SLC per US$ of GDP | 0.0011 million SLC per US$ of GDP | 10 |
| 2010s | 0.0005 million SLC per US$ of GDP | 0.0005 million SLC per US$ of GDP | 0.0006 million SLC per US$ of GDP | 10 |
| 2020s | 0.0004 million SLC per US$ of GDP | 0.0004 million SLC per US$ of GDP | 0.0005 million SLC per US$ of GDP | 5 |
Countries ranked near Guinea-Bissau
- 29 Burkina Faso 0.0005 million SLC per US$ of GDP compare
- 30 Central African Republic 0.0004 million SLC per US$ of GDP compare
- 31 Nigeria 0.0004 million SLC per US$ of GDP compare
- 33 Equatorial Guinea 0.0004 million SLC per US$ of GDP compare
- 34 Costa Rica 0.0004 million SLC per US$ of GDP compare
- 35 Congo 0.0004 million SLC per US$ of GDP 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$) 8.88 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value standard local currency, 2015 prices in Guinea-Bissau?
- Gross domestic product — value standard local currency, 2015 prices in Guinea-Bissau was 0.0004 million SLC per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Guinea-Bissau?
- The highest recorded value was 0.0011 million SLC per US$ of GDP in 1970.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Guinea-Bissau?
- The lowest recorded value was 0.0004 million SLC per US$ of GDP in 2021.
- How does Guinea-Bissau rank for gross domestic product — value standard local currency, 2015 prices?
- Guinea-Bissau ranks 32nd out of 193 countries with data for 2024.
- Is gross domestic product — value standard local currency, 2015 prices rising or falling in Guinea-Bissau?
- Over the last ten years it is down 16.8%. The long-run trend across the full record is falling.
- Where does this Guinea-Bissau data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value Standard Local Currency, 2015 prices, per unit of GDP. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Gross Domestic Product — Value Standard Local Currency, 2015 prices ÷ GDP (current US$)
Computed from
- Gross Domestic Product — Value Standard Local Currency, 2015 prices Food and Agriculture Organization of the United Nations
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Gross Domestic Product — Value Standard Local Currency, 2015 prices divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.