Statistical data (Guinea-Bissau)

Economic Indicators

2017(a) 2018(a) 2019(b) 2020(c)
Surface area (sq. km) 36,125 36,125 36,125 36,125
Population (million) 1.9 1.9 1.9
GDP (US$ million) 1,347.0 1,458.2 1,445.7
Real GDP growth rate (%) 5.9 3.8 4.7 -0.6
Total exports (US$ million) 339.3 339.4 306.7 271.8
Total imports (US$ million) -290.7 -293.1 -288.7 -269.9
Consumer Price Index (%) 1.4 0.5(b) 0.7 1.0
Current account balance (US$ million) -6.7 -45.3 -34.9 -73.6
Exchange rate (Central African Franc CFA: USD) 582.0 555.7 583.9(a) 596.3

Remarks: (a) actual value; (b) estimated value of Economist Intelligence Unit (EIU); (c) estimates of Economist Intelligence Unit (EIU).
Source: Country Report May 2020 (Guinea-Bissau) by the British Economist Intelligence Unit

Main export and import destinations

Main export destinations(2018) Proportion in total exports
India 59.1
Vietnam 19.7
Singapore 18.7
United Arab Emirates 1.1
Others 1.4
Main source of import (2018) Proportion in total imports
Portugal 39.7
Senegal 13.1
Pakistan 12.0
China 6.2
Others 29.0

Source: International Trade Center (ITC)

Main export and import goods

Major export goods(2018) Proportion in total exports
Edible fruit and hard-shelled fruit; citrus fruit or melon skin 86.8
Fish, crustaceans, mollusks or other aquatic invertebrates 6.6
Wood and wood products; charcoal 5.1
Steel 0.6
Others 0.9
Major import goods (2018) Proportion in total imports
Fossil fuels, mineral oil and its distilled products; bituminous substances; mineral wax 17.3
Cereals 16.0
Drinks, wine and vinegar 6.5
Products of cereals, powder, starch or milk products; pastries 5.5
Others 54.7

Source: International Trade Center (ITC)

Statistics on the trade between Mainland China and Guinea-Bissau (US$ 10,000)

Year Total trade Total exports* Total imports**
2019 4,034.1 3,193.9 840.2
2018 3,747.0 2,983.2 763.9
2017 3,412.7 3,372.4 40.2
2016 2,139.8 2,123.6 16.1
2015 3,711.4 1,930.1 1,781.2

Remarks: * Value of goods exported to Guinea-Bissau from Mainland China; **Value of goods imported from Guinea-Bissau to Mainland China
Source of Data: General Administration of Customs of the People’s Republic of China

Statistics on the trade between Macao and Guinea-Bissau (US$) (1 USD»8 MOP)

Year Total trade Total exports* Total imports**
2019 2,019 2,019
2018
2017
2016
2015

Remarks: * Value of goods exported to Guinea-Bissau from Macao; **Value of goods imported from Guinea-Bissau to Macao.
Source of Data: Statistics and Census Service (DSEC), Macao SAR Government

Source:

  • Country (region) guide for foreign investment cooperation (Guinea-Bissau) by the Ministry of Commerce of the People’s Republic of China
  • General Administration of Customs of the People’s Republic of China
  • SinoMaps Press
  • Statistics and Census Service (DSEC), Macao SAR Government
  • International Trade Center (ITC)
  • Country Report May 2020 (Guinea-Bissau) by the British Economist Intelligence Unit
  • Doing Business 2020 by the World Bank

Updated in May 2020.