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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 (2021)

Proportion in total exports of goods

(%)

Edible fruit and hard-shelled fruit; citrus fruit or melon skin80.66
Fish, crustaceans, mollusks or other aquatic invertebrates3.33
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes12.16
Oil seeds and oleaginous fruits, miscellaneous grains, seeds and fruit; industrial or medicinal plants; straw and fodder1.06
Others1.19
Major import goods (2021)Proportion in total imports of goods (%)
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes13.16
Cereals8.67
Drinks, wine and vinegar7.98
 Plastics and articles of other materials7.41
Others62.78

Source: International Trade Center (ITC)

Statistics on Trade in Services

Main Export of Services (2021)Proportion in total exports of services (%)
Telecommunications: Computer & Information Services38.1
Tourism28.6
Other business services9.5
Other23.8
Main Import of Services (2021)Proportion in total imports of services (%)
Transportation37.8
Telecommunications: Computer & Information Services16.9
Insurance and pension services3.4
Other41.9

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  (Thousand US dollars)

YearTotal tradeTotal exports value*Total imports value**
202256,51856,5163
202188,89688,8941
2020 51,44851,4435
201940,34131,9398,402
201837,47029,8327,639

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 **
20224,466–4,466
202133,680–33,680
20201,2871,287—
20192,0192,019—
2018———

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 February 2023.