Guinea-Bissau 2024
Detailed economic analysis and indicators for 2024
Key Economic Indicators (2024)
GDP (Current USD)
$2.14 billion
↑ 4.43% vs 2023GDP per Capita
$993.35
↑ 4.43% vs 2023GDP Growth (Annual %)
4.43%
↓ 0.77pp vs 2023Inflation Rate (CPI %)
N/A
Year-over-Year Comparison
| Indicator | 2023 | 2024 | Change |
|---|---|---|---|
| GDP (Current USD) | $2.05 billion | $2.14 billion | +4.43% |
| GDP per Capita | $951.24 | $993.35 | +4.43% |
| GDP Growth (Annual %) | 5.20% | 4.43% | -0.77pp |
| Inflation (CPI %) | N/A | N/A | N/A |
| Unemployment Rate (%) | 2.65% | 2.62% | -0.03pp |
All Economic Indicators (2024)
National Accounts
- GDP (Current USD)
- $2.14 billion
- GDP per Capita
- $993.35
- GDP Growth (Annual %)
- 4.43%
- Gross National Income
- N/A
Prices & Employment
- Inflation (CPI %)
- N/A
- Inflation (GDP Deflator %)
- N/A
- Unemployment Rate (%)
- 2.62%
- 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)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2024, Guinea-Bissau's Gross Domestic Product (GDP) is $2.14 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Guinea-Bissau for 2024 is $993.35. GDP per capita is calculated by dividing the country's GDP by its population.
Guinea-Bissau's annual GDP growth rate for 2024 is 4.43%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Guinea-Bissau for 2024 is 2.62%. This represents the percentage of the labor force that is unemployed and actively seeking employment.