Guinea-Bissau 2023
Detailed economic analysis and indicators for 2023
Key Economic Indicators (2023)
GDP (Current USD)
$2.05 billion
↑ 14.01% vs 2022GDP per Capita
$951.24
↑ 11.48% vs 2022GDP Growth (Annual %)
5.20%
↑ 0.59pp vs 2022Inflation Rate (CPI %)
N/A
Year-over-Year Comparison
| Indicator | 2022 | 2023 | Change |
|---|---|---|---|
| GDP (Current USD) | $1.80 billion | $2.05 billion | +14.01% |
| GDP per Capita | $853.28 | $951.24 | +11.48% |
| GDP Growth (Annual %) | 4.61% | 5.20% | +0.59pp |
| Inflation (CPI %) | 9.39% | N/A | N/A |
| Unemployment Rate (%) | 2.67% | 2.65% | -0.02pp |
All Economic Indicators (2023)
National Accounts
- GDP (Current USD)
- $2.05 billion
- GDP per Capita
- $951.24
- GDP Growth (Annual %)
- 5.20%
- Gross National Income
- $2.05 billion
Prices & Employment
- Inflation (CPI %)
- N/A
- Inflation (GDP Deflator %)
- 5.39%
- Unemployment Rate (%)
- 2.65%
- Interest Rate (Real %)
- N/A
Trade & Investment
- Exports (Goods & Services)
- N/A
- Imports (Goods & Services)
- N/A
- FDI Inflow
- N/A
- FDI Outflow
- N/A
Balance & Debt
- Current Account Balance (% GDP)
- N/A
- Government Debt (% GDP)
- N/A
- Data Last Updated
- 2025-10-23
Frequently Asked Questions
As of 2023, Guinea-Bissau's Gross Domestic Product (GDP) is $2.05 billion. This represents the total value of goods and services produced in the country.
The GDP per capita in Guinea-Bissau for 2023 is $951.24. GDP per capita is calculated by dividing the country's GDP by its population.
Guinea-Bissau's annual GDP growth rate for 2023 is 5.20%. This indicates the rate at which the country's economy is expanding or contracting.
The unemployment rate in Guinea-Bissau for 2023 is 2.65%. This represents the percentage of the labor force that is unemployed and actively seeking employment.