Gross Domestic Product — Value US$, annual growth rate in Guinea-Bissau
Guinea-Bissau: Gross Domestic Product — Value US$, annual growth rate was 2.02 % change on previous year in 2024. ◆ Volatile
Gross Domestic Product — Value US$, annual growth rate in Guinea-Bissau, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
In 2024, gross domestic product — value us$, annual growth rate in Guinea-Bissau stood at 2.02 % change on previous year.
That represents a change of down 87.9% on the previous year and up 139.8% over ten years.
Over the whole period, gross domestic product — value us$, annual growth rate in Guinea-Bissau peaked at 29.41 % change on previous year in 2011 and was at its lowest, -33.01 % change on previous year, in 1996.
That places Guinea-Bissau 196th out of 236 countries with data for 2024, putting it in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Domestic Product — Value US$, annual growth rate in Guinea-Bissau, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | -0.8296 % change on previous year | — |
| 1972 | 17.06 % change on previous year | -2156.5% |
| 1973 | 23.22 % change on previous year | +36.1% |
| 1974 | 9.89 % change on previous year | -57.4% |
| 1975 | 15 % change on previous year | +51.7% |
| 1976 | -9.98 % change on previous year | -166.5% |
| 1977 | -14.04 % change on previous year | +40.6% |
| 1978 | 15.5 % change on previous year | -210.5% |
| 1979 | 9.43 % change on previous year | -39.2% |
| 1980 | -5.57 % change on previous year | -159.1% |
| 1981 | 8.95 % change on previous year | -260.5% |
| 1982 | -18.12 % change on previous year | -302.6% |
| 1983 | 0.3837 % change on previous year | -102.1% |
| 1984 | 9.31 % change on previous year | +2325.4% |
| 1985 | -9.52 % change on previous year | -202.2% |
| 1986 | 11.11 % change on previous year | -216.8% |
| 1987 | 8.26 % change on previous year | -25.7% |
| 1988 | -5.39 % change on previous year | -165.3% |
| 1989 | 20.28 % change on previous year | -476.0% |
| 1990 | 7.17 % change on previous year | -64.7% |
| 1991 | 6.48 % change on previous year | -9.5% |
| 1992 | 5.44 % change on previous year | -16.0% |
| 1993 | 4.7 % change on previous year | -13.7% |
| 1994 | 5.16 % change on previous year | +9.8% |
| 1995 | 6.2 % change on previous year | +20.1% |
| 1996 | -33.01 % change on previous year | -632.6% |
| 1997 | -23.03 % change on previous year | -30.2% |
| 1998 | -8.91 % change on previous year | -61.3% |
| 1999 | 8.07 % change on previous year | -190.6% |
| 2000 | -10.45 % change on previous year | -229.5% |
| 2001 | 4.63 % change on previous year | -144.3% |
| 2002 | 7.82 % change on previous year | +68.8% |
| 2003 | 16.4 % change on previous year | +109.7% |
| 2004 | 11.44 % change on previous year | -30.3% |
| 2005 | 10.33 % change on previous year | -9.7% |
| 2006 | 0.9092 % change on previous year | -91.2% |
| 2007 | 17.65 % change on previous year | +1841.2% |
| 2008 | 24.57 % change on previous year | +39.2% |
| 2009 | -4.38 % change on previous year | -117.8% |
| 2010 | 2.38 % change on previous year | -154.3% |
| 2011 | 29.41 % change on previous year | +1136.0% |
| 2012 | -10.05 % change on previous year | -134.2% |
| 2013 | 5.74 % change on previous year | -157.1% |
| 2014 | 0.8441 % change on previous year | -85.3% |
| 2015 | -0.6342 % change on previous year | -175.1% |
| 2016 | 12.48 % change on previous year | -2067.2% |
| 2017 | 14.52 % change on previous year | +16.4% |
| 2018 | 5.72 % change on previous year | -60.6% |
| 2019 | -4.35 % change on previous year | -176.0% |
| 2020 | 2.29 % change on previous year | -152.5% |
| 2021 | 13.21 % change on previous year | +477.5% |
| 2022 | -0.2207 % change on previous year | -101.7% |
| 2023 | 16.73 % change on previous year | -7677.8% |
| 2024 | 2.02 % change on previous year | -87.9% |
Biggest year-on-year movements
Years where Gross Domestic Product — Value US$, annual growth rate 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 |
|---|---|---|---|
| 2023 | +7677.8% | -0.2207 % change on previous year | 16.73 % change on previous year |
| 1984 | +2325.4% | 0.3837 % change on previous year | 9.31 % change on previous year |
| 1972 | +2156.5% | -0.8296 % change on previous year | 17.06 % change on previous year |
| 2016 | +2067.2% | -0.6342 % change on previous year | 12.48 % change on previous year |
| 2007 | +1841.2% | 0.9092 % change on previous year | 17.65 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 7.25 % change on previous year | -14.04 % change on previous year | 23.22 % change on previous year | 9 |
| 1980s | 1.97 % change on previous year | -18.12 % change on previous year | 20.28 % change on previous year | 10 |
| 1990s | -2.17 % change on previous year | -33.01 % change on previous year | 8.07 % change on previous year | 10 |
| 2000s | 7.89 % change on previous year | -10.45 % change on previous year | 24.57 % change on previous year | 10 |
| 2010s | 5.61 % change on previous year | -10.05 % change on previous year | 29.41 % change on previous year | 10 |
| 2020s | 6.81 % change on previous year | -0.2207 % change on previous year | 16.73 % change on previous year | 5 |
Countries ranked near Guinea-Bissau
- 193 Burundi 2.19 % change on previous year compare
- 194 Gambia 2.09 % change on previous year compare
- 195 Thailand 2.04 % change on previous year compare
- 197 Democratic People's Republic of Korea 2 % change on previous year compare
- 198 New Zealand 1.98 % change on previous year compare
- 199 Austria 1.95 % change on previous year 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$) 8.88 % change on previous year (2025)
Frequently asked questions
- What is gross domestic product — value us$, annual growth rate in Guinea-Bissau?
- Gross domestic product — value us$, annual growth rate in Guinea-Bissau was 2.02 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross domestic product — value us$, annual growth rate recorded in Guinea-Bissau?
- The highest recorded value was 29.41 % change on previous year in 2011.
- What is the lowest gross domestic product — value us$, annual growth rate recorded in Guinea-Bissau?
- The lowest recorded value was -33.01 % change on previous year in 1996.
- How does Guinea-Bissau rank for gross domestic product — value us$, annual growth rate?
- Guinea-Bissau ranks 196th out of 236 countries with data for 2024.
- Is gross domestic product — value us$, annual growth rate rising or falling in Guinea-Bissau?
- Over the last ten years it is up 139.8%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau data come from?
- The figures come from Statizoid (derived), published as part of Gross Domestic Product — Value US$, annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Domestic Product — Value US$ Food and Agriculture Organization of the United Nations
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
The year-on-year percentage change in Gross Domestic Product — Value US$. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.