Real gdp growth in Guinea-Bissau
Guinea-Bissau: Real gdp growth was 5.2 in 2023. ◆ Volatile
Real gdp growth in Guinea-Bissau, 1981–2023
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.
Real gdp growth in Guinea-Bissau, year by year
| Year | Value | Change |
|---|---|---|
| 1981 | -0.498 | — |
| 1982 | 4.2 | -943.4% |
| 1983 | -3.4 | -181.0% |
| 1984 | 5.5 | -261.8% |
| 1985 | 4.3 | -21.8% |
| 1986 | -1 | -123.3% |
| 1987 | 5.6 | -660.0% |
| 1988 | 1.96 | -65.0% |
| 1989 | 2.92 | +49.4% |
| 1990 | 4.58 | +56.6% |
| 1991 | 7.3 | +59.5% |
| 1992 | 3.1 | -57.6% |
| 1993 | 2.28 | -26.5% |
| 1994 | 2.96 | +30.2% |
| 1995 | 4.02 | +35.5% |
| 1996 | 3.75 | -6.7% |
| 1997 | 5.99 | +60.0% |
| 1998 | -22.45 | -474.5% |
| 1999 | 16.82 | -174.9% |
| 2000 | 1.1 | -93.5% |
| 2001 | 4.79 | +335.1% |
| 2002 | 3.65 | -23.7% |
| 2003 | -0.286 | -107.8% |
| 2004 | 1.17 | -509.8% |
| 2005 | 6.56 | +459.7% |
| 2006 | 2.67 | -59.3% |
| 2007 | 2.56 | -4.0% |
| 2008 | 4.53 | +76.8% |
| 2009 | 2.45 | -45.9% |
| 2010 | 5.61 | +129.0% |
| 2011 | 8.09 | +44.2% |
| 2012 | -1.71 | -121.2% |
| 2013 | 3.26 | -290.1% |
| 2014 | 0.965 | -70.4% |
| 2015 | 6.13 | +535.6% |
| 2016 | 5.31 | -13.5% |
| 2017 | 4.79 | -9.8% |
| 2018 | 3.76 | -21.4% |
| 2019 | 4.5 | +19.6% |
| 2020 | 1.5 | -66.7% |
| 2021 | 6.2 | +313.3% |
| 2022 | 4.6 | -25.8% |
| 2023 | 5.2 | +13.0% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 5.2 is above the median for low income countries, which is 4.56, 1.1× the median. (24 countries reporting)
- Guinea-Bissau's 5.2 is above the median for Sub-Saharan Africa, which is 4.52, 1.1× the median. (48 countries reporting)
Biggest year-on-year movements
Years where Real gdp growth 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 |
|---|---|---|---|
| 1982 | +943.4% | -0.498 | 4.2 |
| 1987 | +660.0% | -1 | 5.6 |
Averages by decade
| Decade | Average | Lowest | Highest | 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
- 30 Gambia, The 5.92 compare
- 31 Ghana 5.85 compare
- 32 Mozambique, Republic of 5.5 compare
- 34 Malaysia 5.17 compare
- 35 Tanzania, United Republic of 5.15 compare
- 36 Liberia 5.14 compare
More economy & growth data for Guinea-Bissau
- Real gdp growth, annual growth rate 13.04 % change on previous year (2023)
- 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)
- SDRs holdings, US dollar, annual growth rate 8.52 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0357 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 40.07 units per person (2025)
- SDRs holdings, SDR, annual growth rate 3.34 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.026 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 29.26 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 4.94 % change on previous year (2025)
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.
Download this data
CSV · JSON — 43 observations, free to reuse under CC BY 4.0 (Our World in Data).