Guinea-Bissau flag Guinea-Bissau:

Presentation of Guinea-Bissau : Economy

National Currency:
CFA Franc BCEAO (XOF)
Exchange Rate on :


Type of Economy:
Low-income economy
An economy heavily dependent on agriculture.
GDP
(billions USD) :
1.72 (Source: IMF – World Economic Outlook Database, 2022)
GDP
(Constant Prices, Annual % Change) :
4.0 (Source: IMF – World Economic Outlook Database, 2022)
GDP per Capita
(USD) :
907 (Source: IMF – World Economic Outlook Database, 2022)
General Government Gross Debt
(in % of GDP) :
78.1 (Source: IMF – World Economic Outlook Database, 2022)
Inflation Rate
(%) :
4.0 (Source: IMF – World Economic Outlook Database, 2022)
Employment By Sector
(in % of Total Employment) :
Agriculture (60.5), Industry (8.6), Services (30.9) (Source: World Bank, Latest available data.)
Value Added
(in % of GDP) :
Agriculture (30.9), Industry (13.5), Services (50.2) (Source: World Bank, Latest available data.)

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Latest Update: May 2022