Labor force | 726,000 (2023 est.) |
---|---|
Industrial production growth rate | 4% (2023 est.) |
Industries | agricultural products processing, beer, soft drinks |
Population below poverty line | 47.7% (2018 est.) |
Taxes and other revenues | 9.16% (of GDP) (2019 est.) |
Fiscal year | |
Exchange rates | |
Currency | Communaute Financiere Africaine francs (XOF) per US dollar - |
Exchange rates 2023 | 606.57 (2023 est.) |
Exchange rates 2022 | 623.76 (2022 est.) |
Exchange rates 2021 | 554.531 (2021 est.) |
Exchange rates 2020 | 575.586 (2020 est.) |
Exchange rates 2019 | 585.911 (2019 est.) |
Debt - external | |
Debt - external 2022 | $808.187 million (2022 est.) |
Reserves of foreign exchange and gold | |
Reserves of foreign exchange and gold 31 December 2017 | $356.4 million (31 December 2017 est.) |
Reserves of foreign exchange and gold 31 December 2016 | $349.4 million (31 December 2016 est.) |
Current account balance | |
Current account balance 2022 | -$146.64 million (2022 est.) |
Current account balance 2021 | -$14.128 million (2021 est.) |
Current account balance 2020 | -$38.683 million (2020 est.) |
Public debt | |
Public debt 2017 | 53.9% of GDP (2017 est.) |
Budget | |
Revenues | $220.219 million (2019 est.) |
Expenditures | $210.858 million (2019 est.) |
Budget surplus (+) or deficit (-) | |
Remittances | |
Remittances 2023 | 9.38% of GDP (2023 est.) |
Remittances 2022 | 12.02% of GDP (2022 est.) |
Remittances 2021 | 11.95% of GDP (2021 est.) |
Household income | |
Lowest 10% | 3.4% (2021 est.) |
Highest 10% | 26.1% (2021 est.) |
Imports | |
Imports 2022 | $577.899 million (2022 est.) |
Imports 2021 | $518.162 million (2021 est.) |
Imports 2020 | $439.386 million (2020 est.) |
Imports (partners) | Portugal 34%, Senegal 22%, China 14%, Netherlands 6%, Spain 3% (2022) |
Comodities Imports force | refined petroleum, steel, rice, flavored water, beer (2022) |
Exports | |
Imports 2022 | $577.899 million (2022 est.) |
Imports 2021 | $518.162 million (2021 est.) |
Imports 2020 | $439.386 million (2020 est.) |
Exports (partners) | India 92%, Cote d'Ivoire 2%, Togo 2%, Netherlands 1%, South Korea 1% (2022) |
Comodities Exports force | coconuts/Brazil nuts/cashews, fish, fish oil, palm oil, dried fruits (2022) |
Real GDP (purchasing power parity) | |
Real GDP (purchasing power parity) 2023 | $5.099 billion (2023 est.) |
Real GDP (purchasing power parity) 2022 | $4.892 billion (2022 est.) |
Real GDP (purchasing power parity) 2021 | $4.694 billion (2021 est.) |
GDP (official exchange rate) | $1.966 billion (2023 est.) |
Real GDP Per capita | |
Real GDP per capita 2023 | $2,400 (2023 est.) |
Real GDP per capita 2022 | $2,300 (2022 est.) |
Real GDP per capita 2021 | $2,300 (2021 est.) |
GDP - composition, by sector of origin | |
Agriculture | 33.7% (2023 est.) |
Industry | 16.1% (2023 est.) |
Services | 45.1% (2023 est.) |
GDP - composition, by end use | |
Household consumption | 66.6% (2023 est.) |
Government consumption | 19% (2023 est.) |
Investment in fixed capital | 23.8% (2023 est.) |
Investment in inventories | 0.2% (2023 est.) |
Exports of goods and services | 17.9% (2023 est.) |
Imports of goods and services | -28.3% (2023 est.) |
Unemployment rate | |
Unemployment rate 2023 | 3.18% (2023 est.) |
Unemployment rate 2022 | 3.2% (2022 est.) |
Unemployment rate 2021 | 3.63% (2021 est.) |
Youth unemployment rate (ages 15-24) | |
Total | 4% (2023 est.) |
Male | 3.9% (2023 est.) |
Female | 4.2% (2023 est.) |
Want to know more about Guinea-Bissau? Check all different factbooks for Guinea-Bissau below.