Guinea-Bissau GDP Data & Country Report

Guinea-Bissau Country Report: GDP data and GDP forecasts; economic, financial and trade information; the best banks in Guinea-Bissau; country and population overview

DATA ON GDP AND ECONOMIC INFORMATION

Central bank

Central Bank of West African States (BCEAO)

International Reserves

US$ 156.433 million (Source: World Bank; Data updated: November 2010)

Gross Domestic Product - GDP

US$ 904 million (2009 estimate)

GDP (Purchasing Power Parity)

1.882 billion of International dollars (2009 estimate)

Real GDP growth

2000	2001	2002	2003	2004	2005	2006	2007
7.5%	3.7%	1.8%	-3.5%	3.1%	5%	2.2%	0.2%
2008	2009	2010	2011*
3.6%	3%	3.5%	4.3%

*Estimate

GDP per capita - current prices

US$ 537 (2004 estimate)

GDP per capita - PPP

$1,119 International Dollars (2004 estimate)

GDP (PPP) - share of world total

1980	1990	2000	2010	2015**
0%	0%	0%	0%	0%

**Forecast

GDP - composition by sector

agriculture: 62%
industry: 12%
services: 26% (1999 estimate)

(Data released on November 2010)

Gross domestic expenditure on R&D (% of GDP)

N/A

(Data released on November 2010)

Inflation

2008	2009	2010	2011*
10.4%(2008)	-1.6%	1.1%	4%

*Estimate

Unemployment rate

2008	2009	2010	2011*
N/A	N/A	N/A(2009)	N/A

*Estimate

Household saving rates

N/A

(Data released on November 2010)

Public debt (General government gross debt as a % of GDP)

2007	2008	2009	2010	2011*
186.7%	156.9%	164.3%	47.7%	45.5%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)

2007	2008	2009	2010*	2011**
-5.8%	-3.8%	2.8%	-1.2%	-1.3%

*Estimate **Forecast

Government bond ratings

Standard & Poor's: N/A

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Nov 2010)

Market value of publicly traded shares

2007	2008	2009
N/A	N/A	N/A

Largest companies in Guinea-Bissau

N/A

DATA ON TRADE AND COMPETITIVENESS

Current account balance

US$ -0.1 billion (2009 estimate)(After 2008)

Current account balance by percentage of GDP

-5.7% of GDP (2009 estimate)(2009)

Exports as percent of GDP

(Exports of goods and services)

29.8% (2008)

(Data released on December 2010)

Shares in world total merchandising export

0%(2007)

(Data were released in Nov 2011 and refer to 2010)

Shares in world total commercial services export

0%(2007)

(Data were released in Nov 2011 and refer to 2009)

Total exports

N/A

Export commodities

cashew nuts, shrimp, peanuts, palm kernels, sawn lumber

Total imports

US$200 million f.o.b. (2006)

Import commodities

foodstuffs, machinery and transport equipment, petroleum products

Exports - major partners

Brazil 56.2%, India 33.6%, Nigeria 8.3% (2007)

Imports - major partners

Portugal 21.7%, Senegal 16.8%, France 6%, Pakistan 4.7% (2007)

FDI inflows

2008	2009	2010
US$6 million	US$14 million(2009)	US$9 million(2009)

FDI outflows

2008	2009	2010
US$0 million	US$0 million	US$0 million

Value of cross-border M&A, by country of purchaser

2008	2009	2010	2011
N/A	N/A(2009)	N/A(2009)	N/A

Cross-border M&A deals worth over $3 billion completed in 2008

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A click here )

Cross-border M&A deals worth over $3 billion completed in 2010

(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A click here )

Best countries for doing business

World Bank/IFC Doing Business Project

(Economies are ranked on their ease of doing business, from 1 – 183. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 176 out of 183 countries(2009) (2010)

Subcategories:

Starting a business: 183 out of 183 countries(2009)

Registering property: 175 out of 183 countries

Paying Taxes: 133 out of 183 countries

Getting credit: 152 out of 183 countries

Protecting investors: 132 out of 183 countries

Trading across border: 117 out of 183 countries

Enforcing Contracts: 139 out of 183 countries

(2010)

Global competitiveness ranking
(ranking by country on a basis of 142, the first is the best)

N/A

(2011/2012)

Index of Economic Freedom

WSJ and Heritage Foundation

Ranking: 159 Score: 46.5 (Repressed) (2009)

(100=totally free 0=totally repressed )

COUNTRY AND POPULATION OVERVIEW

Time zone

UTC 0

Total area

36,125 km² (2006)

Capital

Bissau (2009)

Currency

Communaute Financiere Africaine francs (XOF) (2009)

Government type

republic (2009)

Languages

Portuguese (official), Crioulo, African languages

Religions

Muslim 50%, indigenous beliefs 40%, Christian 10%

Total population

1980	1990	2000	2010*	2015**
0.8 million	0.98 million	1.3 million	1.66 million	1.92 million

*Estimate **Forecast

Urban population as % of total population

1960	1980	2000	2009
13.6%	17.6%	29.7%	29.9%

Population median age

16.0 years (2006)

Population growth rate

2.2% (2009)

Life expectancy

46 years (2007)

Adult literacy

65% (2000/2007)

% of population living on less than $2 a day

77.91% (2011)

Inequality of wealth distribution (Gini index)

35.5 (2002)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:4
Civil Liberties:4 (2010)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

39.54% (2010)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

2.45% (Data were released in 2011 and refer to 2010)

Cost of living index

(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

N/A

CO2 emissions
(Metric tons of CO2 per capita)

0.179 (2008)

GLOBAL FINANCE RANKINGS AND AWARDS

ARTICLES AND COUNTRIES REPORTS FROM GLOBAL FINANCE ARCHIVE

Guinea-Bissau GDP Data & Country Report | Global Finance