Real gdp growth in Guinea-Bissau

Guinea-Bissau: Real gdp growth was 5.2 in 2023. β—† Volatile

Latest (2023)
5.2
Change on year
up 13.0%
World rank
33rd
of 196 countries
All-time high
16.82
in 1999
All-time low
-22.45
in 1998
Years of data
43
1981–2023

Real gdp growth in Guinea-Bissau, 1981–2023

-20-10010201981200220231981: -0.4981982: 4.21983: -3.41984: 5.51985: 4.31986: -11987: 5.61988: 21989: 2.91990: 4.61991: 7.31992: 3.11993: 2.31994: 31995: 41996: 3.71997: 61998: -22.41999: 16.82000: 1.12001: 4.82002: 3.72003: -0.2862004: 1.22005: 6.62006: 2.72007: 2.62008: 4.52009: 2.42010: 5.62011: 8.12012: -1.72013: 3.32014: 0.9652015: 6.12016: 5.32017: 4.82018: 3.82019: 4.52020: 1.52021: 6.22022: 4.62023: 5.2

Source: Our World in Data.

Analysis

In 2023, real gdp growth in Guinea-Bissau stood at 5.2.

The figure is up 13.0% on the previous year and up 59.7% over ten years.

Over the whole period, real gdp growth in Guinea-Bissau peaked at 16.82 in 1999 and was at its lowest, -22.45, in 1998.

Guinea-Bissau ranks 33rd of 196 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1980s 2.18 -3.4 5.6 9
1990s 2.83 -22.45 16.82 10
2000s 2.92 -0.286 6.56 10
2010s 4.07 -1.71 8.09 10
2020s 4.38 1.5 6.2 4

Countries ranked near Guinea-Bissau

  1. 30 Gambia 5.92 compare
  2. 31 Ghana 5.85 compare
  3. 32 Mozambique 5.5 compare
  4. 34 Malaysia 5.17 compare
  5. 35 Tanzania 5.15 compare
  6. 36 Liberia 5.14 compare

See the full ranking of 198 places β†’

More economy & growth data for Guinea-Bissau

All data for Guinea-Bissau β†’

Frequently asked questions

What is real gdp growth in Guinea-Bissau?
Real gdp growth in Guinea-Bissau was 5.2 in 2023, according to Our World in Data.
What is the highest real gdp growth recorded in Guinea-Bissau?
The highest recorded value was 16.82 in 1999.
What is the lowest real gdp growth recorded in Guinea-Bissau?
The lowest recorded value was -22.45 in 1998.
How does Guinea-Bissau rank for real gdp growth?
Guinea-Bissau ranks 33rd out of 196 countries with data for 2023.
Is real gdp growth rising or falling in Guinea-Bissau?
Over the last ten years it is up 59.7%. The long-run trend across the full record is volatile.
Where does this Guinea-Bissau data come from?
The figures come from Our World in Data, published as part of Real gdp growth. Statizoid updates them automatically from the source API.

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CSV Β· JSON β€” 43 observations, free to reuse under CC BY 4.0 (Our World in Data).

About this data

Indicator
Real gdp growth
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
198 places, 8,084 data points, 1980–2026
Last refreshed