Guinea-Bissau - GDP

GDP (current US$)

The latest value for GDP (current US$) in Guinea-Bissau was $1,431,758,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between $1,504,630,000 in 2018 and $78,540,060 in 1971.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current U.S. dollars. Dollar figures for GDP are converted from domestic currencies using single year official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 $78,733,590
1971 $78,540,060
1972 $87,702,830
1973 $89,374,240
1974 $98,775,330
1975 $108,985,700
1976 $112,386,500
1977 $114,971,200
1978 $122,666,900
1979 $118,537,900
1980 $110,653,800
1981 $154,732,000
1982 $165,523,600
1983 $163,577,500
1984 $138,478,900
1985 $143,856,300
1986 $130,225,000
1987 $173,836,400
1988 $164,458,100
1989 $213,143,000
1990 $243,962,000
1991 $257,150,400
1992 $226,313,400
1993 $236,880,800
1994 $235,620,000
1995 $253,966,900
1996 $270,419,800
1997 $268,551,000
1998 $206,457,600
1999 $224,446,700
2000 $371,095,500
2001 $392,621,400
2002 $417,806,700
2003 $477,458,600
2004 $532,062,900
2005 $587,029,100
2006 $592,365,700
2007 $696,910,800
2008 $868,154,700
2009 $830,126,500
2010 $849,878,400
2011 $1,099,819,000
2012 $989,271,200
2013 $1,046,087,000
2014 $1,054,916,000
2015 $1,048,230,000
2016 $1,179,005,000
2017 $1,350,177,000
2018 $1,504,630,000
2019 $1,439,638,000
2020 $1,431,758,000

GDP (current LCU)

The value for GDP (current LCU) in Guinea-Bissau was 824,100,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 843,500,000,000 in 2019 and a minimum value of 42,290,800 in 1971.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 43,230,800
1971 42,290,800
1972 47,224,600
1973 52,730,800
1974 60,055,400
1975 69,432,300
1976 73,967,600
1977 70,769,200
1978 85,130,800
1979 90,544,700
1980 84,880,000
1981 102,123,100
1982 124,015,400
1983 147,723,100
1984 256,923,100
1985 354,107,700
1986 747,892,300
1987 1,495,015,000
1988 2,807,696,000
1989 5,935,689,000
1990 8,202,590,000
1991 14,474,040,000
1992 24,142,120,000
1993 36,741,690,000
1994 46,733,020,000
1995 70,612,740,000
1996 109,721,000,000
1997 156,745,000,000
1998 121,800,000,000
1999 138,192,000,000
2000 263,555,000,000
2001 287,555,000,000
2002 289,838,000,000
2003 276,877,000,000
2004 280,577,000,000
2005 309,516,000,000
2006 309,467,000,000
2007 333,565,000,000
2008 387,197,000,000
2009 390,403,000,000
2010 420,515,000,000
2011 518,288,000,000
2012 505,079,000,000
2013 516,662,000,000
2014 520,872,000,000
2015 619,726,000,000
2016 698,685,000,000
2017 783,989,000,000
2018 835,742,000,000
2019 843,500,000,000
2020 824,100,000,000

GDP at market prices: linked series (current LCU)

The latest value for GDP at market prices: linked series (current LCU) in Guinea-Bissau was 824,100,000,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 843,500,000,000 in 2019 and 14,369,890,000 in 1990.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. This series has been linked to produce a consistent time series to counteract breaks in series over time due to changes in base years, source data and methodologies. Thus, it may not be comparable with other national accounts series in the database for historical years. Data are in current local currency.

Source: World Bank staff estimates based on World Bank national accounts data archives, OECD National Accounts, and the IMF WEO database.

Year Value
1990 14,369,890,000
1991 25,356,680,000
1992 42,293,930,000
1993 64,366,760,000
1994 81,870,310,000
1995 123,705,000,000
1996 192,218,000,000
1997 274,597,000,000
1998 213,378,000,000
1999 242,094,000,000
2000 263,555,000,000
2001 287,555,000,000
2002 289,838,000,000
2003 276,877,000,000
2004 280,577,000,000
2005 309,516,000,000
2006 309,467,000,000
2007 333,565,000,000
2008 387,197,000,000
2009 390,403,000,000
2010 420,515,000,000
2011 518,288,000,000
2012 505,079,000,000
2013 516,662,000,000
2014 520,872,000,000
2015 619,726,000,000
2016 698,685,000,000
2017 783,989,000,000
2018 835,742,000,000
2019 843,500,000,000
2020 824,100,000,000

GDP (constant 2010 US$)

The latest value for GDP (constant 2010 US$) in Guinea-Bissau was 1,218,760,000 as of 2020. Over the past 50 years, the value for this indicator has fluctuated between 1,248,729,000 in 2019 and 350,226,700 in 1971.

Definition: GDP at purchaser's prices is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2010 U.S. dollars. Dollar figures for GDP are converted from domestic currencies using 2010 official exchange rates. For a few countries where the official exchange rate does not reflect the rate effectively applied to actual foreign exchange transactions, an alternative conversion factor is used.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 364,481,400
1971 350,226,700
1972 372,553,200
1973 376,688,100
1974 393,862,200
1975 424,763,000
1976 445,761,000
1977 413,799,600
1978 468,115,100
1979 477,450,000
1980 401,284,100
1981 474,187,500
1982 494,103,700
1983 477,312,700
1984 520,792,200
1985 542,490,900
1986 538,184,400
1987 553,791,700
1988 579,266,100
1989 614,601,300
1990 652,092,000
1991 685,348,700
1992 692,887,600
1993 707,438,200
1994 730,076,200
1995 762,199,600
1996 850,614,700
1997 905,904,700
1998 651,345,700
1999 658,025,500
2000 693,736,400
2001 708,921,700
2002 701,937,500
2003 705,928,100
2004 725,421,600
2005 756,368,800
2006 773,836,100
2007 799,086,000
2008 824,685,200
2009 852,468,700
2010 891,775,800
2011 963,873,900
2012 947,365,800
2013 978,211,100
2014 987,646,600
2015 1,048,230,000
2016 1,113,878,000
2017 1,179,811,000
2018 1,194,956,000
2019 1,248,729,000
2020 1,218,760,000

GDP (constant LCU)

The value for GDP (constant LCU) in Guinea-Bissau was 498,732,000,000 as of 2020. As the graph below shows, over the past 50 years this indicator reached a maximum value of 510,996,000,000 in 2019 and a minimum value of 143,317,000,000 in 1971.

Definition: GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1970 149,151,000,000
1971 143,317,000,000
1972 152,454,000,000
1973 154,146,000,000
1974 161,174,000,000
1975 173,819,000,000
1976 182,411,000,000
1977 169,332,000,000
1978 191,559,000,000
1979 195,379,000,000
1980 164,211,000,000
1981 194,044,000,000
1982 202,194,000,000
1983 195,323,000,000
1984 213,115,000,000
1985 221,994,000,000
1986 220,232,000,000
1987 226,619,000,000
1988 237,043,000,000
1989 251,503,000,000
1990 266,845,000,000
1991 280,454,000,000
1992 283,539,000,000
1993 289,493,000,000
1994 298,757,000,000
1995 311,902,000,000
1996 348,083,000,000
1997 370,708,000,000
1998 266,539,000,000
1999 269,273,000,000
2000 283,886,000,000
2001 290,100,000,000
2002 287,242,000,000
2003 288,875,000,000
2004 296,852,000,000
2005 309,516,000,000
2006 316,664,000,000
2007 326,996,000,000
2008 337,472,000,000
2009 348,841,000,000
2010 364,926,000,000
2011 394,430,000,000
2012 387,674,000,000
2013 400,297,000,000
2014 404,158,000,000
2015 428,949,000,000
2016 455,814,000,000
2017 482,794,000,000
2018 488,992,000,000
2019 510,996,000,000
2020 498,732,000,000

GDP, PPP (current international $)

The latest value for GDP, PPP (current international $) in Guinea-Bissau was 3,835,239,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 3,882,753,000 in 2019 and 986,985,500 in 1990.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in current international dollars. For most economies PPP figures are extrapolated from the 2011 International Comparison Program (ICP) benchmark estimates or imputed using a statistical model based on the 2011 ICP. For 47 high- and upper middle-income economies conversion factors are provided by Eurostat and the Organisation for Economic Co-operation and Development (OECD).

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 986,985,500
1991 1,072,402,000
1992 1,108,906,000
1993 1,159,030,000
1994 1,221,661,000
1995 1,302,158,000
1996 1,479,816,000
1997 1,604,186,000
1998 1,166,392,000
1999 1,195,367,000
2000 1,288,411,000
2001 1,345,492,000
2002 1,353,310,000
2003 1,386,279,000
2004 1,462,911,000
2005 1,572,834,000
2006 1,657,852,000
2007 1,757,935,000
2008 1,849,541,000
2009 1,926,427,000
2010 2,038,737,000
2011 2,249,594,000
2012 2,175,252,000
2013 2,248,858,000
2014 2,332,575,000
2015 2,774,674,000
2016 3,113,471,000
2017 3,519,616,000
2018 3,650,388,000
2019 3,882,753,000
2020 3,835,239,000

GDP, PPP (constant 2011 international $)

The latest value for GDP, PPP (constant 2011 international $) in Guinea-Bissau was 3,635,809,000 as of 2020. Over the past 30 years, the value for this indicator has fluctuated between 3,725,214,000 in 2019 and 1,943,097,000 in 1998.

Definition: PPP GDP is gross domestic product converted to international dollars using purchasing power parity rates. An international dollar has the same purchasing power over GDP as the U.S. dollar has in the United States. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for depreciation of fabricated assets or for depletion and degradation of natural resources. Data are in constant 2011 international dollars.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 1,945,324,000
1991 2,044,535,000
1992 2,067,025,000
1993 2,110,432,000
1994 2,177,966,000
1995 2,273,797,000
1996 2,537,557,000
1997 2,702,498,000
1998 1,943,097,000
1999 1,963,024,000
2000 2,069,557,000
2001 2,114,858,000
2002 2,094,023,000
2003 2,105,927,000
2004 2,164,081,000
2005 2,256,402,000
2006 2,308,511,000
2007 2,383,836,000
2008 2,460,204,000
2009 2,543,088,000
2010 2,660,349,000
2011 2,875,432,000
2012 2,826,185,000
2013 2,918,203,000
2014 2,946,351,000
2015 3,127,083,000
2016 3,322,926,000
2017 3,519,616,000
2018 3,564,798,000
2019 3,725,214,000
2020 3,635,809,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts