Source
Central bank

Central Bank of West African States (BCEAO)

International Reserves

USD 0.02 billion (2015)

International Monetary Fund (IMF), data retrieved January 2017

Gross Domestic Product - GDP

USD 1.2 billion (2017, estimate)

GDP (Purchasing Power Parity)

Intl$ 3.1 billion (2017, estimate)

Real GDP growth
2006 2007 2008 2009 2010 2011 2012
2.3% 3.2% 3.2% 3.3% 4.4% 9.4% -1.8%
2013 2014* 2015* 2016* 2017*    
0.8% 2.5% 4.8% 4.8% 5%    

*Estimate

GDP per capita - current prices

USD 666.6 (2017, estimate)

GDP per capita - PPP

Intl$ 1,644.6 (2017, estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2017*
0% 0% 0% 0% 0.002%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 45% 
  • industry: 13.3% 
  • services: 41.7%

(2016 estimate)

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

N/A

 

Inflation
2013 2014 2015 2016* 2017*
0.8% -1.0% 1.5% 2.6% 2.8%

*Estimate

Unemployment rate
2013 2014 2015 2016 2017
N/A N/A N/A N/A N/A

*Estimate

Household saving rates

N/A

 

Public debt (General government gross debt as a % of GDP)
2013 2014 2015* 2016* 2017*
53.6% 50.4% 52.9% 47.3% 45.7%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2013 2014 2015* 2016* 2017*
-1.8% -1.4% -7% -2.1% -1.8%

*Estimate

Government bond ratings

Standard & Poor's: N/A

Moody's: N/A

Standard & Poor's / Moody's (Updated January 2017)

Market value of publicly traded shares
2013 2014 2015
N/A N/A N/A
Largest companies

N/A

 
 
Source
Current account balance

USD -0.03 billion (2017 estimate)

Current account balance by percentage of GDP

-2.8% (2017 estimate)

Exports as percent of GDP (Exports of goods and services)

27.9% (2015)

Shares in world total merchandising export

0.002% (2015)

Shares in world total commercial services export

0.0% (2014)

Total exports

USD 163.2 millions (2016 estimate)

Export commodities

Fish, shrimp; cashews, peanuts, palm kernels, raw and sawn lumber

Total imports

USD 0.2 billion (2016 estimate)

 
 
Source
Import commodities

Foodstuffs, machinery and transport equipment, petroleum products

Exports - major partners

India 63.5%, Nigeria 20.3%, China 5.7%, Togo 5.6% (2015)

Imports - major partners

Portugal 27.1%, Senegal 12.8%, China 6.5%, Spain 5.5%, Cuba 4.8% (2015)

FDI inflows
2013 2014 2015
USD 20 million USD 29 million USD 18 million
FDI outflows
2013 2014 2015
N/A USD 2.7 million USD 0.4 million
Value of cross-border M&A, by country of purchaser
2012 2013 2014 2015
N/A N/A N/A N/A
Cross-border M&A deals worth over $3 billion completed in 2014

N/A

Cross-border M&A deals worth over $3 billion completed in 2015

N/A

Best countries for doing business

Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 172 out of 190 countries (2016)

Subcategories:

Starting a business: 176 out of 190 countries

Enforcing Contracts: 164 out of 190 countries

Registering Property: 149 out of 190 countries

Getting credit: 139 out of 190 countries

Protecting investors: 137 out of 190 countries

Trading across border: 153 out of 190 countries

Paying Taxes: 149 out of 190 countries

Dealing with Construction Permits: 155 out of 190 countries

Getting Electricity: 182 out of 190 countries

Resolving Insolvency: 169 out of 190 countries

Global competitiveness ranking

N/A

Index of Economic Freedom

Ranking: 145 / Score: 51.81 (Mostly unfree) (2017)

(100=totally free 0=totally repressed)

 
 
Source
Time zone

UTC 0

Total area

36,125 sq km

Capital

Bissau

Currency

Communaute Financiere Africaine francs (XOF)

Government type

republic

Languages

Portuguese (official), Crioulo, African languages

Religions

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

Total population
1990 2000 2010 2014* 2019**
0.933 million 1.241 million 1.515 million 1.646 million 1.826 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
13.6% 18% 37% 48%
Population median age

19.8 years (2014 est.)

Population growth rate

1.93% (2014 est.)

Life expectancy

49.87 years (2014 est.)

Adult literacy

55.3% (2011 estimate)

% of population living on less than $2 a day

N/A

Inequality of wealth distribution (Gini index)

N/A

Freedom House rating

Political Rights: 6
Civil Liberties: 5 (2014)

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

Total telephone subscribers as % of population

Fixed  0.3%   Mobile  74.1% (2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

Internet users as % of total population

3.10% (2013)

Cost of living - Mercer 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)

0.2 (2010)

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