gw Guinea-Bissau 2021

Detailed economic analysis and indicators for 2021

Year 2021

Key Economic Indicators (2021)

GDP (Current USD)

$1.85 billion

↑ 12.60% vs 2020
GDP per Capita

$900.41

↑ 10.10% vs 2020
GDP Growth (Annual %)

6.18%

↑ 4.69pp vs 2020
Inflation Rate (CPI %)

2.24%

↑ 1.10pp vs 2020

Year-over-Year Comparison

Indicator 2020 2021 Change
GDP (Current USD) $1.65 billion $1.85 billion +12.60%
GDP per Capita $817.78 $900.41 +10.10%
GDP Growth (Annual %) 1.50% 6.18% +4.69pp
Inflation (CPI %) 1.14% 2.24% +1.10pp
Unemployment Rate (%) 2.89% 3.03% +0.14pp

All Economic Indicators (2021)

National Accounts
GDP (Current USD)
$1.85 billion
GDP per Capita
$900.41
GDP Growth (Annual %)
6.18%
Gross National Income
$1.87 billion
Prices & Employment
Inflation (CPI %)
2.24%
Inflation (GDP Deflator %)
2.16%
Unemployment Rate (%)
3.03%
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)
-0.76%
Government Debt (% GDP)
N/A
Data Last Updated
2025-10-23

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Frequently Asked Questions

As of 2021, Guinea-Bissau's Gross Domestic Product (GDP) is $1.85 billion. This represents the total value of goods and services produced in the country.

The GDP per capita in Guinea-Bissau for 2021 is $900.41. 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 2021 is 2.24%. This measures the annual percentage change in the cost of consumer goods and services.

Guinea-Bissau's annual GDP growth rate for 2021 is 6.18%. This indicates the rate at which the country's economy is expanding or contracting.

The unemployment rate in Guinea-Bissau for 2021 is 3.03%. This represents the percentage of the labor force that is unemployed and actively seeking employment.