Value Added (Total Manufacturing) — Value Standard Local Currency in Guinea-Bissau
Guinea-Bissau: Value Added (Total Manufacturing) — Value Standard Local Currency was 114,871 million SLC in 2023. ▲ Rising
Value Added (Total Manufacturing) — Value Standard Local Currency in Guinea-Bissau, 1970–2023
Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.
Analysis
In 2023, value added (total manufacturing) — value standard local currency in Guinea-Bissau stood at 114,871 million SLC. That is the highest value across all 54 years on record.
The figure is up 3.7% on the previous year and up 89.4% over ten years.
Over the whole period, value added (total manufacturing) — value standard local currency in Guinea-Bissau peaked at 114,871 million SLC in 2023 and was at its lowest, 27,110 million SLC, in 1976.
That places Guinea-Bissau 84th out of 194 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 54 years of available data.
Value Added (Total Manufacturing) — Value Standard Local Currency in Guinea-Bissau, year by year
| Year | million SLC | Change |
|---|---|---|
| 1970 | 37,975 million SLC | — |
| 1971 | 35,034 million SLC | -7.7% |
| 1972 | 37,771 million SLC | +7.8% |
| 1973 | 36,514 million SLC | -3.3% |
| 1974 | 36,934 million SLC | +1.2% |
| 1975 | 43,664 million SLC | +18.2% |
| 1976 | 27,110 million SLC | -37.9% |
| 1977 | 35,568 million SLC | +31.2% |
| 1978 | 48,594 million SLC | +36.6% |
| 1979 | 48,606 million SLC | +0.0% |
| 1980 | 42,190 million SLC | -13.2% |
| 1981 | 40,601 million SLC | -3.8% |
| 1982 | 44,307 million SLC | +9.1% |
| 1983 | 43,064 million SLC | -2.8% |
| 1984 | 55,056 million SLC | +27.8% |
| 1985 | 55,097 million SLC | +0.1% |
| 1986 | 52,252 million SLC | -5.2% |
| 1987 | 49,707 million SLC | -4.9% |
| 1988 | 42,728 million SLC | -14.0% |
| 1989 | 44,237 million SLC | +3.5% |
| 1990 | 43,582 million SLC | -1.5% |
| 1991 | 43,095 million SLC | -1.1% |
| 1992 | 40,794 million SLC | -5.3% |
| 1993 | 42,437 million SLC | +4.0% |
| 1994 | 43,050 million SLC | +1.4% |
| 1995 | 44,889 million SLC | +4.3% |
| 1996 | 46,455 million SLC | +3.5% |
| 1997 | 46,667 million SLC | +0.5% |
| 1998 | 45,792 million SLC | -1.9% |
| 1999 | 51,068 million SLC | +11.5% |
| 2000 | 48,486 million SLC | -5.1% |
| 2001 | 45,614 million SLC | -5.9% |
| 2002 | 46,406 million SLC | +1.7% |
| 2003 | 47,306 million SLC | +1.9% |
| 2004 | 45,644 million SLC | -3.5% |
| 2005 | 50,773 million SLC | +11.2% |
| 2006 | 53,333 million SLC | +5.0% |
| 2007 | 47,052 million SLC | -11.8% |
| 2008 | 52,338 million SLC | +11.2% |
| 2009 | 53,894 million SLC | +3.0% |
| 2010 | 54,908 million SLC | +1.9% |
| 2011 | 56,847 million SLC | +3.5% |
| 2012 | 59,767 million SLC | +5.1% |
| 2013 | 60,636 million SLC | +1.5% |
| 2014 | 60,817 million SLC | +0.3% |
| 2015 | 66,327 million SLC | +9.1% |
| 2016 | 70,405 million SLC | +6.1% |
| 2017 | 72,375 million SLC | +2.8% |
| 2018 | 101,812 million SLC | +40.7% |
| 2019 | 99,740 million SLC | -2.0% |
| 2020 | 99,282 million SLC | -0.5% |
| 2021 | 105,673 million SLC | +6.4% |
| 2022 | 110,739 million SLC | +4.8% |
| 2023 | 114,871 million SLC | +3.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 38,777 million SLC | 27,110 million SLC | 48,606 million SLC | 10 |
| 1980s | 46,924 million SLC | 40,601 million SLC | 55,097 million SLC | 10 |
| 1990s | 44,783 million SLC | 40,794 million SLC | 51,068 million SLC | 10 |
| 2000s | 49,085 million SLC | 45,614 million SLC | 53,894 million SLC | 10 |
| 2010s | 70,364 million SLC | 54,908 million SLC | 101,812 million SLC | 10 |
| 2020s | 107,641 million SLC | 99,282 million SLC | 114,871 million SLC | 4 |
Countries ranked near Guinea-Bissau
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)
- Services, value added (constant LCU), per capita 218,265 constant LCU per person (2025)
- GDP deflator (base year varies by country), annual growth rate 4.32 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 14.63 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9544 current US$ per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 1,073 current US$ per person (2025)
- Gross value added at basic prices (GVA) (current LCU), annual growth 10.01 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current LCU), per unit of GDP 555.41 current LCU per US$ of GDP (2025)
- Gross value added at basic prices (GVA) (current LCU), per capita 624,155 current LCU per person (2025)
Frequently asked questions
- What is value added (total manufacturing) — value standard local currency in Guinea-Bissau?
- Value added (total manufacturing) — value standard local currency in Guinea-Bissau was 114,871 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (total manufacturing) — value standard local currency recorded in Guinea-Bissau?
- The highest recorded value was 114,871 million SLC in 2023.
- What is the lowest value added (total manufacturing) — value standard local currency recorded in Guinea-Bissau?
- The lowest recorded value was 27,110 million SLC in 1976.
- How does Guinea-Bissau rank for value added (total manufacturing) — value standard local currency?
- Guinea-Bissau ranks 84th out of 194 countries with data for 2023.
- Is value added (total manufacturing) — value standard local currency rising or falling in Guinea-Bissau?
- Over the last ten years it is up 89.4%. 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 Value Added (Total Manufacturing) — 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).