Gross Domestic Product — Value Standard Local Currency, 2015 prices in Guinea-Bissau
Guinea-Bissau: Gross Domestic Product — Value Standard Local Currency, 2015 prices was 940,293 million SLC in 2024. ▲ Rising
Gross Domestic Product — Value Standard Local Currency, 2015 prices in Guinea-Bissau, 1970–2024
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2024, gross domestic product — value standard local currency, 2015 prices in Guinea-Bissau stood at 940,293 million SLC. That is the highest value across all 55 years on record.
The figure is up 4.8% on the previous year and up 61.0% over ten years.
Over the whole period, gross domestic product — value standard local currency, 2015 prices in Guinea-Bissau peaked at 940,293 million SLC in 2024 and was at its lowest, 225,495 million SLC, in 1971.
Guinea-Bissau ranks 85th of 194 countries on this measure, in the middle of the range.
The long-run direction has been consistently rising 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 | Change |
|---|---|---|
| 1970 | 234,673 million SLC | — |
| 1971 | 225,495 million SLC | -3.9% |
| 1972 | 239,870 million SLC | +6.4% |
| 1973 | 242,532 million SLC | +1.1% |
| 1974 | 253,590 million SLC | +4.6% |
| 1975 | 273,485 million SLC | +7.8% |
| 1976 | 287,005 million SLC | +4.9% |
| 1977 | 266,426 million SLC | -7.2% |
| 1978 | 301,398 million SLC | +13.1% |
| 1979 | 307,408 million SLC | +2.0% |
| 1980 | 258,368 million SLC | -16.0% |
| 1981 | 257,083 million SLC | -0.5% |
| 1982 | 267,880 million SLC | +4.2% |
| 1983 | 258,772 million SLC | -3.4% |
| 1984 | 273,005 million SLC | +5.5% |
| 1985 | 284,744 million SLC | +4.3% |
| 1986 | 281,897 million SLC | -1.0% |
| 1987 | 297,800 million SLC | +5.6% |
| 1988 | 318,348 million SLC | +6.9% |
| 1989 | 332,673 million SLC | +4.5% |
| 1990 | 343,650 million SLC | +3.3% |
| 1991 | 353,960 million SLC | +3.0% |
| 1992 | 364,916 million SLC | +3.1% |
| 1993 | 373,222 million SLC | +2.3% |
| 1994 | 384,279 million SLC | +3.0% |
| 1995 | 399,711 million SLC | +4.0% |
| 1996 | 414,686 million SLC | +3.7% |
| 1997 | 439,542 million SLC | +6.0% |
| 1998 | 365,218 million SLC | -16.9% |
| 1999 | 413,530 million SLC | +13.2% |
| 2000 | 412,747 million SLC | -0.2% |
| 2001 | 421,070 million SLC | +2.0% |
| 2002 | 415,683 million SLC | -1.3% |
| 2003 | 417,353 million SLC | +0.4% |
| 2004 | 428,877 million SLC | +2.8% |
| 2005 | 447,174 million SLC | +4.3% |
| 2006 | 457,501 million SLC | +2.3% |
| 2007 | 472,429 million SLC | +3.3% |
| 2008 | 487,564 million SLC | +3.2% |
| 2009 | 503,990 million SLC | +3.4% |
| 2010 | 527,228 million SLC | +4.6% |
| 2011 | 569,854 million SLC | +8.1% |
| 2012 | 560,093 million SLC | -1.7% |
| 2013 | 578,331 million SLC | +3.3% |
| 2014 | 583,909 million SLC | +1.0% |
| 2015 | 619,726 million SLC | +6.1% |
| 2016 | 658,539 million SLC | +6.3% |
| 2017 | 697,518 million SLC | +5.9% |
| 2018 | 723,755 million SLC | +3.8% |
| 2019 | 756,324 million SLC | +4.5% |
| 2020 | 767,669 million SLC | +1.5% |
| 2021 | 815,265 million SLC | +6.2% |
| 2022 | 852,767 million SLC | +4.6% |
| 2023 | 897,111 million SLC | +5.2% |
| 2024 | 940,293 million SLC | +4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 263,188 million SLC | 225,495 million SLC | 307,408 million SLC | 10 |
| 1980s | 283,057 million SLC | 257,083 million SLC | 332,673 million SLC | 10 |
| 1990s | 385,271 million SLC | 343,650 million SLC | 439,542 million SLC | 10 |
| 2000s | 446,439 million SLC | 412,747 million SLC | 503,990 million SLC | 10 |
| 2010s | 627,528 million SLC | 527,228 million SLC | 756,324 million SLC | 10 |
| 2020s | 854,621 million SLC | 767,669 million SLC | 940,293 million SLC | 5 |
Countries ranked near Guinea-Bissau
- 82 Afghanistan 1.02 million million SLC compare
- 83 New Caledonia 955,513 million SLC compare
- 84 Romania 954,316 million SLC compare
- 86 Mozambique 835,769 million SLC compare
- 87 Netherlands (Kingdom of the) 834,765 million SLC compare
- 88 Switzerland 780,597 million SLC 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)
- General government final consumption expenditure (current US$) 8.88 % change on previous year (2025)
- General government final consumption expenditure (current US$), per 0.1548 current US$ per US$ of GDP (2025)
- General government final consumption expenditure (current US$), per 174.01 current US$ per person (2025)
- General government final consumption expenditure (current LCU) 4.5 % change on previous year (2025)
- General government final consumption expenditure (current LCU), per 90.11 current LCU per US$ of GDP (2025)
- General government final consumption expenditure (current LCU), per 101,262 current LCU per person (2025)
- General government final consumption expenditure (constant 2015 US$) 4.48 % change on previous year (2025)
- General government final consumption expenditure (constant 2015 US$) 0.118 constant 2015 US$ per US$ of GDP (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 940,293 million SLC in 2024, according to Food and Agriculture Organization of the United Nations.
- What is the highest gross domestic product — value standard local currency, 2015 prices recorded in Guinea-Bissau?
- The highest recorded value was 940,293 million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency, 2015 prices recorded in Guinea-Bissau?
- The lowest recorded value was 225,495 million SLC in 1971.
- How does Guinea-Bissau rank for gross domestic product — value standard local currency, 2015 prices?
- Guinea-Bissau ranks 85th out of 194 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 up 61.0%. 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 Gross Domestic Product — Value Standard Local Currency, 2015 prices. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).