GDP (current LCU), annual growth rate in Guinea-Bissau

Guinea-Bissau: GDP (current LCU), annual growth rate was 1.99 % change on previous year in 2024. ◆ Volatile

Latest (2024)
1.99 % change on previous year
Change on year
down 79.9%
World rank
200th
of 211 countries
All-time high
111.41 % change on previous year
in 1989
All-time low
-22.08 % change on previous year
in 2000
Years of data
54
1971–2024

GDP (current LCU), annual growth rate in Guinea-Bissau, 1971–2024

050100197119972024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

The most recent figure for gdp (current lcu), annual growth rate in Guinea-Bissau is 1.99 % change on previous year, measured in 2024.

That represents a change of down 79.9% on the previous year and down 12.7% over ten years.

Over the whole period, gdp (current lcu), annual growth rate in Guinea-Bissau peaked at 111.41 % change on previous year in 1989 and was at its lowest, -22.08 % change on previous year, in 2000.

That places Guinea-Bissau 200th out of 211 countries with data for 2024, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

GDP (current LCU), annual growth rate in Guinea-Bissau, year by year

Annual values for GDP (current LCU), annual growth rate in Guinea-Bissau, 1971 to 2024.
Year % change on previous year Change
1971 -2.17 % change on previous year
1972 11.67 % change on previous year -636.5%
1973 11.66 % change on previous year -0.1%
1974 13.89 % change on previous year +19.1%
1975 15.61 % change on previous year +12.4%
1976 6.53 % change on previous year -58.2%
1977 -4.32 % change on previous year -166.2%
1978 20.29 % change on previous year -569.3%
1979 6.36 % change on previous year -68.7%
1980 -6.26 % change on previous year -198.4%
1981 20.31 % change on previous year -424.7%
1982 21.44 % change on previous year +5.5%
1983 19.12 % change on previous year -10.8%
1984 73.92 % change on previous year +286.7%
1985 37.83 % change on previous year -48.8%
1986 111.2 % change on previous year +194.0%
1987 99.9 % change on previous year -10.2%
1988 87.8 % change on previous year -12.1%
1989 111.41 % change on previous year +26.9%
1990 38.19 % change on previous year -65.7%
1991 76.46 % change on previous year +100.2%
1992 66.8 % change on previous year -12.6%
1993 52.19 % change on previous year -21.9%
1994 27.19 % change on previous year -47.9%
1995 51.1 % change on previous year +87.9%
1996 55.39 % change on previous year +8.4%
1997 42.86 % change on previous year -22.6%
1998 -14.43 % change on previous year -133.7%
1999 2.3 % change on previous year -116.0%
2000 -22.08 % change on previous year -1058.6%
2001 8.73 % change on previous year -139.5%
2002 7.15 % change on previous year -18.1%
2003 -0.8545 % change on previous year -111.9%
2004 -4.37 % change on previous year +411.8%
2005 9.88 % change on previous year -325.9%
2006 -1.69 % change on previous year -117.1%
2007 8.7 % change on previous year -615.0%
2008 17.86 % change on previous year +105.3%
2009 -1.47 % change on previous year -108.2%
2010 11.11 % change on previous year -855.5%
2011 17.22 % change on previous year +55.0%
2012 -1.74 % change on previous year -110.1%
2013 2.29 % change on previous year -231.8%
2014 2.27 % change on previous year -0.8%
2015 21.54 % change on previous year +847.2%
2016 8.3 % change on previous year -61.5%
2017 15.68 % change on previous year +89.0%
2018 1.13 % change on previous year -92.8%
2019 7.84 % change on previous year +590.6%
2020 4.1 % change on previous year -47.6%
2021 7.5 % change on previous year +82.9%
2022 10.11 % change on previous year +34.8%
2023 9.87 % change on previous year -2.4%
2024 1.99 % change on previous year -79.9%

Guinea-Bissau compared with similar countries

  • Guinea-Bissau's 1.99 % change on previous year is below the median for low income countries, which is 13.85 % change on previous year, 14% of the median. (24 countries reporting)
  • Guinea-Bissau's 1.99 % change on previous year is below the median for Sub-Saharan Africa, which is 9.13 % change on previous year, 22% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where GDP (current LCU), annual growth rate in Guinea-Bissau changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2000 -1058.6% 2.3 % change on previous year -22.08 % change on previous year
2010 +855.5% -1.47 % change on previous year 11.11 % change on previous year
2015 +847.2% 2.27 % change on previous year 21.54 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 8.84 % change on previous year -4.32 % change on previous year 20.29 % change on previous year 9
1980s 57.67 % change on previous year -6.26 % change on previous year 111.41 % change on previous year 10
1990s 39.8 % change on previous year -14.43 % change on previous year 76.46 % change on previous year 10
2000s 2.19 % change on previous year -22.08 % change on previous year 17.86 % change on previous year 10
2010s 8.57 % change on previous year -1.74 % change on previous year 21.54 % change on previous year 10
2020s 6.71 % change on previous year 1.99 % change on previous year 10.11 % change on previous year 5

Countries ranked near Guinea-Bissau

  1. 197 Qatar 2.34 % change on previous year compare
  2. 198 Latvia 2.12 % change on previous year compare
  3. 199 Tonga 2.06 % change on previous year compare
  4. 201 Brunei 1.9 % change on previous year compare
  5. 202 Norway 1.89 % change on previous year compare
  6. 203 Austria 1.84 % change on previous year compare

See the full ranking of 211 places →

More population data for Guinea-Bissau

All data for Guinea-Bissau →

Frequently asked questions

What is gdp (current lcu), annual growth rate in Guinea-Bissau?
Gdp (current lcu), annual growth rate in Guinea-Bissau was 1.99 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp (current lcu), annual growth rate recorded in Guinea-Bissau?
The highest recorded value was 111.41 % change on previous year in 1989.
What is the lowest gdp (current lcu), annual growth rate recorded in Guinea-Bissau?
The lowest recorded value was -22.08 % change on previous year in 2000.
How does Guinea-Bissau rank for gdp (current lcu), annual growth rate?
Guinea-Bissau ranks 200th out of 211 countries with data for 2024.
Is gdp (current lcu), annual growth rate rising or falling in Guinea-Bissau?
Over the last ten years it is down 12.7%. The long-run trend across the full record is volatile.
Where does this Guinea-Bissau data come from?
The figures come from Statizoid (derived), published as part of GDP (current LCU), annual growth rate. Statizoid updates them automatically from the source API.

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GDP (current LCU), annual growth rate in Guinea-Bissau. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://population.statizoid.com/stat/gdp-current-lcu-annual-growth-rate-2/guinea-bissau/

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How this figure is calculated

The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
GDP (current LCU), annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,125 data points, 1971–2024
Last refreshed

The year-on-year percentage change in GDP (current LCU). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.