Statistical data (Guinea-Bissau)

Economic Indicators

 2019(a)2020(a)2021(b)2022(c)
Population (million)1.92.02.0
GDP (US$ million)1,439.51,431.81,593.8
Real GDP growth rate (%)4.5-2.42.53.4
Total exports (US$ million)248.8199.8(b)228.1
Total imports (US$ million)-335.2-312.7(b)-344.4
Consumer Price Index (%)0.21.52.22.7
Current account balance (US$ million)-127.4-118.7(b)-128.2 
Exchange rate (Central African Franc CFA: USD)586.0575.6551.4571.1

Remarks: (a) actual value; (b) estimated value of Economist Intelligence Unit (EIU); (c) estimates of Economist Intelligence Unit (EIU).

Source: Country Report Q4 2021 (Guinea-Bissau) by the British Economist Intelligence Unit

 

Main export and import goods destinations

Main export destinations (2018)

Proportion in total exports of goods

(%)

India44.2
China29.1
Singapore17.9
Vietnam6.1
Others2.7
Main source of import (2018)Proportion in total imports of goods (%)
Portugal38.3
Senegal17.1
Pakistan8.7
China5.6
Others30.3

Source: International Trade Center (ITC)

 

Main export and import goods

Major export goods (2018)

Proportion in total exports of goods

(%)

Edible fruit and hard-shelled fruit; citrus fruit or melon skin90.5
Fish, crustaceans, mollusks or other aquatic invertebrates6.0
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes1.1
Oil seeds and oleaginous fruits, miscellaneous grains, seeds and fruit; industrial or medicinal plants; straw and fodder0.8
Others1.6
Major import goods (2018)Proportion in total imports of goods (%)
Cereals16.3
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes11.0
Drinks, wine and vinegar6.8
 Plastics and articles of other materials5.8
Others60.1

Source: International Trade Center (ITC)

 

Statistics on Trade in Services

Main Export of Services (2019)Proportion in total exports of services (%)
Tourism43.9
Telecommunications: Computer & Information Services31.2
Other business services11.1
Other13.8
Main Import of Services (2019)Proportion in total imports of services (%)
Tourism52.2
Transportation29.2
Telecommunications: Computer & Information Services11.0
Other7.6

Remarks:The above content is the estimated data of UNCTAD, WTO and ITC.

Source:International Trade Centre (ITC)

 

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

YearTotal tradeTotal exports value*Total imports value**
20205,144.85,144.30.5
20194,034.13,193.9840.2
2018 3,747.02,983.2763.9
20173,412.73,372.440.2
20162,139.82,123.616.1

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 in goods between Macao and Guinea-Bissau (US$) (1 USD»8 MOP)

YearTotal tradeTotal exports value *Total imports value **
20201,2871,287
20192,0192,019
2018
2017
2016

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

 

Sources:

  • Country (region) guide for foreign investment cooperation (Guinea-Bissau) by the Ministry of Commerce of the People’s Republic of China
  • “2020 Statistical Bulletin of China’s Outward Foreign Direct Investment” 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 Q4 2021 (Guinea-Bissau) by the British Economist Intelligence Unit
  • 2021 World Investment Report by the UNCTAD

 

Updated in October 2021.