Guinea-Bissau 2020
Detailed economic analysis and indicators for 2020
Key Economic Indicators (2020)
GDP (Current USD)
$1.65 billion
↑ 3.64% vs 2019GDP per Capita
$817.78
↑ 1.29% vs 2019GDP Growth (Annual %)
1.50%
↓ 4.06pp vs 2019Inflation Rate (CPI %)
1.14%
↑ 0.89pp vs 2019Year-over-Year Comparison
| Indicator | 2019 | 2020 | Change |
|---|---|---|---|
| GDP (Current USD) | $1.59 billion | $1.65 billion | +3.64% |
| GDP per Capita | $807.36 | $817.78 | +1.29% |
| GDP Growth (Annual %) | 5.55% | 1.50% | -4.06pp |
| Inflation (CPI %) | 0.25% | 1.14% | +0.89pp |
| Unemployment Rate (%) | 2.41% | 2.89% | +0.48pp |
All Economic Indicators (2020)
National Accounts
- GDP (Current USD)
- $1.65 billion
- GDP per Capita
- $817.78
- GDP Growth (Annual %)
- 1.50%
- Gross National Income
- $1.67 billion
Prices & Employment
- Inflation (CPI %)
- 1.14%
- Inflation (GDP Deflator %)
- 0.31%
- Unemployment Rate (%)
- 2.89%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- -2.35%
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2020, Guinea-Bissau's Gross Domestic Product (GDP) is $1.65 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Guinea-Bissau for 2020 is $817.78. GDP per capita is calculated by dividing the country's GDP by its population.
The Consumer Price Index (CPI) inflation rate in Guinea-Bissau for 2020 is 1.14%. This measures the annual percentage change in the cost of consumer goods and services.
Guinea-Bissau's annual GDP growth rate for 2020 is 1.50%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Guinea-Bissau for 2020 is 2.89%. This represents the percentage of the labor force that is unemployed and actively seeking employment.