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Trading Basics

Guinea-Bissau

Capital
Bissau
Region
Sub-Saharan Africa
Income group
Low income
Population
2.2 million (2025)

At a glance

  • Prices in Guinea-Bissau rose 0.9% in 2025, slower than in most countries.
  • Guinea-Bissau's economy grew 5.8% in 2025, faster than most economies.
  • Output per person in Guinea-Bissau was US$1,124 in 2025, lower than in most countries.
  • 2.7% of Guinea-Bissau's labour force had no job in 2025, a lower share than in most countries.
  • Guinea-Bissau had 2.2 million people in 2025: about less than 0.1% of everyone on Earth, the 147th largest population of 217 countries and territories.
  • Guinea-Bissau had a current account deficit of 7.4% of GDP in 2024, lower than in most countries.

Consumer prices, change over the year (yearly average)

0.9%
World median 3.0%

Since 2000

Show the numbers
Inflation in Guinea-Bissau and the world median, last ten years
YearGuinea-BissauWorld median
20250.9%3.0%
20243.8%3.0%
20237.1%5.7%
20229.4%8.0%
20212.2%3.5%
20201.1%1.9%
20190.3%2.2%
20180.4%2.5%
20171.7%2.3%
20161.5%1.6%

Real GDP, change over the year

5.8%
World median 3.4%

Since 2000

Show the numbers
Economic growth in Guinea-Bissau and the world median, last ten years
YearGuinea-BissauWorld median
20255.8%3.4%
20244.4%3.4%
20234.6%3.2%
20225.5%4.3%
20215.0%5.1%
20202.9%−3.8%
20195.3%2.8%
20183.8%3.2%
20174.7%3.3%
20165.4%3.1%

GDP divided by population, in US dollars at current prices

US$1,124
World median US$7,882

Since 2000

Show the numbers
GDP per person in Guinea-Bissau and the world median, last ten years
YearGuinea-BissauWorld median
2025US$1,124US$7,882
2024US$998US$7,853
2023US$964US$7,862
2022US$882US$7,656
2021US$927US$7,269
2020US$847US$6,433
2019US$811US$7,037
2018US$809US$6,978
2017US$783US$6,548
2016US$680US$5,982

Share of the labour force without a job (ILO modelled estimate)

2.7%
World median 5.1%

Since 2000

Show the numbers
Unemployment in Guinea-Bissau and the world median, last ten years
YearGuinea-BissauWorld median
20252.7%5.1%
20242.7%5.1%
20232.6%5.2%
20222.7%5.3%
20213.0%6.0%
20202.9%6.4%
20192.4%5.4%
20183.1%5.4%
20173.1%5.6%
20163.1%5.9%

Everyone living in the country, mid-year

2.2 million

Since 2000

Show the numbers
Population in Guinea-Bissau and the world median, last ten years
YearGuinea-Bissau
20252.2 million
20242.2 million
20232.2 million
20222.1 million
20212.1 million
20202.0 million
20192.0 million
20181.9 million
20171.9 million
20161.8 million

Current account balance, % of GDP

−7.4%
World median −1.3%

Since 2001

Show the numbers
Current account balance in Guinea-Bissau and the world median, last ten years
YearGuinea-BissauWorld median
2024−7.4%−1.3%
2023−7.7%−1.2%
2022−7.9%−3.0%
2021−0.7%−2.4%
2020−2.3%−1.7%
2019−8.0%−2.1%
2018−3.5%−2.9%
20170.3%−2.1%
20161.4%−2.8%
20151.8%−2.8%

No recent World Bank figure for Guinea-Bissau: government debt.

About these figures

All numbers are yearly. The world median is the middle value of all countries with a figure for the same year: half of them are above it and half below. Sparklines show Guinea-Bissau since 2000 or since its first figure.

Source: World Bank, World Development Indicators (CC BY 4.0), updated 2026-10-08. Original sources: Inflation: International Monetary Fund, International Financial Statistics; Economic growth: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; GDP per person: national statistical offices and central banks, OECD national accounts, and World Bank staff estimates; Unemployment: International Labour Organization, ILO modelled estimates (ILOSTAT); Population: United Nations Population Division (World Population Prospects) and national statistical offices; Current account balance: International Monetary Fund, Balance of Payments Statistics, with World Bank and OECD data. Yearly figures; recent years are often revised. All sources and terms.