Statistical data (Guinea-Bissau)
Statistical data (Guinea-Bissau)
Economic Indicators
2020(a) |
2021(a) |
2022(b) |
2023(b) |
|
Population (million) |
1.8 |
1.9 |
1.9 |
1.9 |
GDP (US$ million) |
1,523 |
1,703 |
1,624 |
1,692 |
Real GDP Growth Rate (%) |
1.5 |
5.0 |
3.8 |
4.5 |
Total Export of Goods (US$ million) |
182.6 |
205.3 |
205.9 |
221.2 |
Total Import of Goods (US$ million) |
282.0 |
329.5 |
298.2 |
309.8 |
Total Export of Services (US$ million) |
18.7 |
35.0 |
– |
– |
Total Import of Services (US$ million) |
132.1 |
168.3 |
– |
– |
Consumer Price Index (%) |
1.5 |
3.3 |
5.5 |
4.0 |
Current Account Balance (US$ million) |
-41 |
-54 |
-105 |
-80 |
Exchange Rate (Central African Franc CFA: USD, Period Average) |
575.6 |
554.5 |
623.8 |
662.6 |
Remarks: (a) actual value; (b) estimated value of International Monetary Fund (IMF)
Source: International Monetary Fund (IMF)
Main export and import goods destinations
Main Export Destinations (2021) |
Proportion of Total Value of Exports of Goods (%) |
India |
59.6 |
Korea |
11.0 |
Singapore |
1.0 |
Cape Verde |
0.4 |
Others |
28.0 |
Main Import Origins (2021) |
Proportion of Total Value of Imports of Goods (%) |
Portugal |
38.0 |
Senegal |
22.7 |
China |
11.0 |
The Netherlands |
6.2 |
Others |
22.1 |
Source: International Monetary Fund (IMF)
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 skin |
80.7 |
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes |
12.2 |
Fish, crustaceans, mollusks or other aquatic invertebrates |
3.3 |
Vessels and other floating structures for breaking up |
1.7 |
Others |
2.1 |
Major import goods (2021) |
Proportion in total imports of goods (%) |
Mineral fuels, mineral oils and products of their distillation; bituminous substances; mineral waxes |
13.2 |
Cereals |
8.7 |
Vessels and other floating structures for breaking up |
8.1 |
Drinks, wine and vinegar |
8.0 |
Others |
62.0 |
Source: International Trade Center (ITC)
Statistics on Trade in Services
Main Export of Services (2021) |
Proportion of Total Value Exports of Services (%) |
Telecommunications, computer and information services |
38.1 |
Tourism |
28.6 |
Financial services |
14.3 |
Other |
19.0 |
Main Import of Services (2021) |
Proportion of Total Value Imports of Services (%) |
Transport |
37.8 |
Telecommunications, computer and information Services |
16.9 |
Insurance and pension services |
3.4 |
Other |
41.9 |
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 (US$ ten thousands)
Year |
Total trade |
Total exports value* |
Total imports value** |
2022 |
5,651.8 |
5,651.6 |
0.3 |
2021 |
8,892.2 |
8,892.1 |
0.1 |
2020 |
5,144.8 |
5,144.3 |
0.5 |
2019 |
4,034.1 |
3,193.9 |
840.2 |
2018 |
3,747.0 |
2,983.2 |
763.9 |
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)
Year |
Total trade |
Total exports value * |
Total imports value ** |
2022 |
4,466.6 |
– |
4,466.6 |
2021 |
33,680.1 |
– |
33,680.1 |
2020 |
1,287 |
1,287 |
– |
2019 |
2,019 |
2,019 |
– |
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
- “2021 Statistical Bulletin of China’s Outward Foreign Direct Investment” by the Ministry of Commerce of the People’s Republic of China, National Bureau of Statistics and State Administration of Foreign Exchange
- General Administration of Customs of the People’s Republic of China
- SinoMaps Press
- Statistics and Census Service (DSEC), Macao SAR Government
- International Monetary Fund (IMF)
- International Trade Center (ITC)
- “2022 World Investment Report” by the United Nations Conference on Trade and Development (UNCTAD)
- “Country Economic Forecast – Guinea-Bissau (Nov 2022)” by Oxford Economics
Updated in June 2023.