Gross Domestic Product — Value Standard Local Currency in Guinea-Bissau
Guinea-Bissau: Gross Domestic Product — Value Standard Local Currency was 1.14 million million SLC in 2024. ◆ Volatile
Gross Domestic Product — Value Standard Local Currency 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 in Guinea-Bissau stood at 1.14 million million SLC. That is the highest value across all 55 years on record.
That represents a change of up 2.0% on the previous year and up 118.7% over ten years.
Over the whole period, gross domestic product — value standard local currency in Guinea-Bissau peaked at 1.14 million million SLC in 2024 and was at its lowest, 121.53 million SLC, in 1971.
Guinea-Bissau ranks 101st of 218 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value Standard Local Currency in Guinea-Bissau, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 124.23 million SLC | — |
| 1971 | 121.53 million SLC | -2.2% |
| 1972 | 135.71 million SLC | +11.7% |
| 1973 | 151.53 million SLC | +11.7% |
| 1974 | 172.58 million SLC | +13.9% |
| 1975 | 199.53 million SLC | +15.6% |
| 1976 | 212.56 million SLC | +6.5% |
| 1977 | 203.37 million SLC | -4.3% |
| 1978 | 244.64 million SLC | +20.3% |
| 1979 | 260.2 million SLC | +6.4% |
| 1980 | 243.92 million SLC | -6.3% |
| 1981 | 293.47 million SLC | +20.3% |
| 1982 | 356.38 million SLC | +21.4% |
| 1983 | 424.51 million SLC | +19.1% |
| 1984 | 738.32 million SLC | +73.9% |
| 1985 | 1,018 million SLC | +37.8% |
| 1986 | 2,149 million SLC | +111.2% |
| 1987 | 4,296 million SLC | +99.9% |
| 1988 | 8,068 million SLC | +87.8% |
| 1989 | 17,057 million SLC | +111.4% |
| 1990 | 23,572 million SLC | +38.2% |
| 1991 | 41,594 million SLC | +76.5% |
| 1992 | 69,377 million SLC | +66.8% |
| 1993 | 105,584 million SLC | +52.2% |
| 1994 | 115,801 million SLC | +9.7% |
| 1995 | 222,375 million SLC | +92.0% |
| 1996 | 217,407 million SLC | -2.2% |
| 1997 | 240,723 million SLC | +10.7% |
| 1998 | 221,641 million SLC | -7.9% |
| 1999 | 249,890 million SLC | +12.7% |
| 2000 | 258,220 million SLC | +3.3% |
| 2001 | 278,627 million SLC | +7.9% |
| 2002 | 284,550 million SLC | +2.1% |
| 2003 | 276,878 million SLC | -2.7% |
| 2004 | 280,577 million SLC | +1.3% |
| 2005 | 309,516 million SLC | +10.3% |
| 2006 | 309,467 million SLC | -0.0% |
| 2007 | 333,565 million SLC | +7.8% |
| 2008 | 387,197 million SLC | +16.1% |
| 2009 | 390,403 million SLC | +0.8% |
| 2010 | 420,515 million SLC | +7.7% |
| 2011 | 518,288 million SLC | +23.3% |
| 2012 | 505,078 million SLC | -2.5% |
| 2013 | 516,662 million SLC | +2.3% |
| 2014 | 520,872 million SLC | +0.8% |
| 2015 | 619,726 million SLC | +19.0% |
| 2016 | 698,684 million SLC | +12.7% |
| 2017 | 783,989 million SLC | +12.2% |
| 2018 | 792,885 million SLC | +1.1% |
| 2019 | 799,962 million SLC | +0.9% |
| 2020 | 803,842 million SLC | +0.5% |
| 2021 | 876,729 million SLC | +9.1% |
| 2022 | 984,004 million SLC | +12.2% |
| 2023 | 1.12 million million SLC | +13.5% |
| 2024 | 1.14 million million SLC | +2.0% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 1.14 million million SLC is below the median for low income countries, which is 11.93 million million SLC, 10% of the median. (23 countries reporting)
- Guinea-Bissau's 1.14 million million SLC is below the median for Sub-Saharan Africa, which is 8.81 million million SLC, 13% of the median. (45 countries reporting)
Biggest year-on-year movements
Years where Gross Domestic Product — Value Standard Local Currency 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 |
|---|---|---|---|
| 1986 | +111.2% | 1,018 million SLC | 2,149 million SLC |
| 1989 | +111.4% | 8,068 million SLC | 17,057 million SLC |
| 1987 | +99.9% | 2,149 million SLC | 4,296 million SLC |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 182.59 million SLC | 121.53 million SLC | 260.2 million SLC | 10 |
| 1980s | 3,465 million SLC | 243.92 million SLC | 17,057 million SLC | 10 |
| 1990s | 150,796 million SLC | 23,572 million SLC | 249,890 million SLC | 10 |
| 2000s | 310,900 million SLC | 258,220 million SLC | 390,403 million SLC | 10 |
| 2010s | 617,666 million SLC | 420,515 million SLC | 799,962 million SLC | 10 |
| 2020s | 984,131 million SLC | 803,842 million SLC | 1.14 million million SLC | 5 |
Countries ranked near Guinea-Bissau
- 98 Afghanistan 1.42 million million SLC compare
- 99 Kyrgyzstan 1.40 million million SLC compare
- 100 New Caledonia 1.17 million million SLC compare
- 102 Netherlands (Kingdom of the) 1.13 million million SLC compare
- 103 Ghana 1.12 million million SLC compare
- 104 Peru 1.09 million 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)
- 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 in Guinea-Bissau?
- Gross domestic product — value standard local currency in Guinea-Bissau was 1.14 million 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 recorded in Guinea-Bissau?
- The highest recorded value was 1.14 million million SLC in 2024.
- What is the lowest gross domestic product — value standard local currency recorded in Guinea-Bissau?
- The lowest recorded value was 121.53 million SLC in 1971.
- How does Guinea-Bissau rank for gross domestic product — value standard local currency?
- Guinea-Bissau ranks 101st out of 218 countries with data for 2024.
- Is gross domestic product — value standard local currency rising or falling in Guinea-Bissau?
- Over the last ten years it is up 118.7%. The long-run trend across the full record is volatile.
- 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. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 55 observations, free to reuse under CC BY-NC-SA 3.0 IGO (FAO).
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).