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General profile: Guinea-Bissau

GENERAL INFORMATION FOR 2024
Exchange rate
Population
Population
Exchange rates
GDP
GDP
2.201 Millions
606.345 XOF/US$
1 992 Millions current US$
Land area¹
Land area
CPI growth (%)
CPI growth
GDP growth
GDP growth
(u) 28 120 km²
..
4.00 %
INTERNATIONAL MERCHANDISE TRADE
More data on UNCTADstat
+2.7 %
Merchandise exports growth rate in 2024
Total merchandise trade
(millions of US$)
2005
2010
2015
2024
Merchandise exports
89
127
252
246
Merchandise imports
(h) 233
461
251
487
Merchandise trade balance
(h) -144
-335
1
-241
Export structure by product group in 2024
(as % of total exports)
8 %8 %14 %14 %78 %78 %
Top 5 partners in 2024
(exports, millions of US$)
82823518138282351813
INTERNATIONAL TRADE IN SERVICES
More data on UNCTADstat
Total trade in services²
(millions of US$)
2005
2010
2015
2024
Services exports
5
44
36
(e) 49
Services imports
42
103
131
(e) 202
Services trade balance
-37
-59
-95
(e) -153
Services exports by main category²
(as % of total services)
2005
2010
2015
2024
Transport
9.5
0.7
0.2
-
Travel
31.3
30.2
47.6
(e) 40.7
Other services
59.2
69.1
51.6
-
TRADE INDICES
More data on UNCTADstat
7572731007991123130111100555042764647424332130116939196919998108100941019999113115116121116
ECONOMIC TRENDS
More data on UNCTADstat
+4.0 %
Gross domestic product growth rate in 2024
Economic indicators
(millions of US$ unless otherwise specified)
2005
2010
2015
2024
GDP, current
587
850
1 048
1 992
GDP per capita, current US$
425
543
587
905
Real GDP growth, y-on-y, %
4.27
4.61
6.13
4.00
Current account balance, % of GDP
-1.79
-8.33
2.00
(e) -9.51
Exchange rate (/US$)
527.258
494.794
591.212
606.345
GDP by expenditure in 2023
(as % of total GDP)
96.316.05.914.630.496.316.05.914.630.4
FDI AND EXTERNAL FINANCIAL RESOURCES
More data on UNCTADstat
0 %
FDI outflows as % of GDP in 2024
Financial flows
(millions of US$ unless otherwise specified)
2005
2010
2015
2024
FDI inflows
8.00
33.22
18.58
26.61
FDI outflows
0.70
5.51
2.35
0.38
Personal remittances, % of GDP
..
5.40
8.10
..
Financial flows trends
(millions of US$)
204.4190.2206.1174.9151.2128.0105.295.285.092.463.845.652.145.948.949.527203319217221162419292072533175191789340.3960.702FDI Inwards flowsFDI Inwards flowsFDI Inwards flowsMigrant's remittances receiptsMigrant's remittances receiptsMigrant's remittances receipts
TRADE IN GOODS AND SERVICES
More data on UNCTADstat
Trade balance indicators²
(as % and index)
2005
2010
2015
2024
Balance, % of GDP
-9.01
-15.12
-4.70
(e) -16.09
Balance, % of imports
-35.81
-42.97
-14.59
(e) -52.05
Normalized balance
-0.218
-0.274
-0.079
(e) -0.352
Trade openness²
(sum of imports and exports as % of GDP)
4648545448585961586052444157555353544141
LIVING AREA
Population by living area in 2024
(% of population)
Urban 46%Urban 46%Rural 54%Rural 54%
OTHER INDICATORS
More data on UNCTADstat
0.014 %
Share of the total world merchant fleet in 2024
Maritime transport indicators
 
2005
2010
2015
2024
Merchant fleet, national flag (thousands of DWT)
2
2
2
328
Container port throughput (TEU)
..
..
..
..
Information economy indicators
(as % of)
2005
2010
2015
2024
Share of ICT goods, % of total exports
..
..
..
..
Share of ICT goods, % of total imports
1.80
-
4.71
-
Share of workforce involved in the ICT sector
..
..
..
..
Source: UNCTADstat (http://unctadstat.unctad.org)
Notes:
1
Land area refers to the total area of a country excluding area under inland water bodies. It differs from the country area, that includes area under inland water bodies, but excludes offshore territorial waters.
2
Statistics presented correspond to the 6th edition of the IMF Balance of Payments and International Investment Position Manual (BPM6, 2009).
e
Estimated.
h
Break.
u
Estimated. Data refers to 2020.
Symbols for missing values:
0
Zero means that the amount is nil or negligible
..
No value reported or collected
_
Not applicable
...
Not available, including no quotation
#
Non-relevant calculation
-
Not publishable
***
Negative accumulation of flows; Value included in regional and global totals
Abbreviations & acronyms:
DWT:
Dead weight tons
FDI:
Foreign direct investment
GDP:
Gross domestic product
ICT:
Information and communication technology
TEU:
Twenty foot equivalent unit
US$:
United States dollar
Disclaimer:
The designations employed and the presentation of the material on UNCTADstat do not imply the expression of any opinion whatsoever on the part of the secretariat of the United Nations concerning the legal status of any country, territory, city or area, or of its authorities, or concerning the delimitation of its frontiers or boundaries.
Where the designations "economy" or "country or area" appear in texts or tables, they cover regions, countries, territories, cities or areas.

UNCTAD strives for the highest level of accuracy and is committed to promptly correcting any errors on its part. It does not guarantee or make any express or implied representations regarding the accuracy, reliability, correctness, fitness for use for a particular purpose, or otherwise, whatsoever, of any of the tables in UNCTADstat.
Generation date: 02 December 2025