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

Guinea-Bissau: GDP (current US$), annual growth rate was 2.02 % change on previous year in 2024. ◆ Volatile

Latest (2024)
2.02 % change on previous year
Change on year
down 84.4%
World rank
174th
of 211 countries
All-time high
39.83 % change on previous year
in 1981
All-time low
-32.45 % change on previous year
in 2000
Years of data
54
1971–2024

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

-40-2002040197119972024

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

Analysis

The most recent figure for gdp (current us$), annual growth rate in Guinea-Bissau is 2.02 % change on previous year, measured in 2024.

The figure is down 84.4% on the previous year and down 12.2% over ten years.

Over the whole period, gdp (current us$), annual growth rate in Guinea-Bissau peaked at 39.83 % change on previous year in 1981 and was at its lowest, -32.45 % change on previous year, in 2000.

Guinea-Bissau ranks 174th of 211 countries on this measure, in the bottom quarter.

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

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

Annual values for GDP (current US$), annual growth rate in Guinea-Bissau, 1971 to 2024.
Year % change on previous year Change
1971 -0.2462 % change on previous year
1972 11.67 % change on previous year -4837.6%
1973 1.91 % change on previous year -83.7%
1974 10.52 % change on previous year +451.9%
1975 10.34 % change on previous year -1.7%
1976 3.12 % change on previous year -69.8%
1977 2.3 % change on previous year -26.3%
1978 6.69 % change on previous year +191.0%
1979 -3.37 % change on previous year -150.3%
1980 -6.65 % change on previous year +97.6%
1981 39.83 % change on previous year -698.9%
1982 6.97 % change on previous year -82.5%
1983 -1.18 % change on previous year -116.9%
1984 -15.34 % change on previous year +1205.0%
1985 3.88 % change on previous year -125.3%
1986 -9.48 % change on previous year -344.0%
1987 33.49 % change on previous year -453.4%
1988 -5.39 % change on previous year -116.1%
1989 29.6 % change on previous year -648.7%
1990 14.46 % change on previous year -51.2%
1991 5.41 % change on previous year -62.6%
1992 -11.99 % change on previous year -321.8%
1993 4.67 % change on previous year -138.9%
1994 -0.5323 % change on previous year -111.4%
1995 7.79 % change on previous year -1562.7%
1996 6.48 % change on previous year -16.8%
1997 -0.6911 % change on previous year -110.7%
1998 -15.34 % change on previous year +2119.4%
1999 -1.97 % change on previous year -87.1%
2000 -32.45 % change on previous year +1543.9%
2001 5.43 % change on previous year -116.7%
2002 13.13 % change on previous year +141.6%
2003 18.6 % change on previous year +41.7%
2004 5.16 % change on previous year -72.3%
2005 9.9 % change on previous year +91.8%
2006 -0.7806 % change on previous year -107.9%
2007 18.65 % change on previous year -2489.1%
2008 26.49 % change on previous year +42.0%
2009 -6.56 % change on previous year -124.8%
2010 5.61 % change on previous year -185.5%
2011 23.08 % change on previous year +311.3%
2012 -9.3 % change on previous year -140.3%
2013 5.74 % change on previous year -161.7%
2014 2.3 % change on previous year -59.9%
2015 1.51 % change on previous year -34.5%
2016 8.04 % change on previous year +433.1%
2017 18.06 % change on previous year +124.6%
2018 5.72 % change on previous year -68.3%
2019 2.23 % change on previous year -61.1%
2020 5.97 % change on previous year +167.8%
2021 11.58 % change on previous year +94.0%
2022 -2.11 % change on previous year -118.2%
2023 12.98 % change on previous year -715.8%
2024 2.02 % change on previous year -84.4%

Guinea-Bissau compared with similar countries

  • Guinea-Bissau's 2.02 % change on previous year is below the median for low income countries, which is 7.97 % change on previous year, 25% of the median. (24 countries reporting)
  • Guinea-Bissau's 2.02 % change on previous year is below the median for Sub-Saharan Africa, which is 7.12 % change on previous year, 28% of the median. (48 countries reporting)

Biggest year-on-year movements

Years where GDP (current US$), 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
1972 +4837.6% -0.2462 % change on previous year 11.67 % change on previous year
2007 +2489.1% -0.7806 % change on previous year 18.65 % change on previous year
1998 -2119.4% -0.6911 % change on previous year -15.34 % change on previous year
1995 +1562.7% -0.5323 % change on previous year 7.79 % change on previous year
2000 -1543.9% -1.97 % change on previous year -32.45 % change on previous year
1984 -1205.0% -1.18 % change on previous year -15.34 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s 4.77 % change on previous year -3.37 % change on previous year 11.67 % change on previous year 9
1980s 7.57 % change on previous year -15.34 % change on previous year 39.83 % change on previous year 10
1990s 0.8273 % change on previous year -15.34 % change on previous year 14.46 % change on previous year 10
2000s 5.76 % change on previous year -32.45 % change on previous year 26.49 % change on previous year 10
2010s 6.3 % change on previous year -9.3 % change on previous year 23.08 % change on previous year 10
2020s 6.09 % change on previous year -2.11 % change on previous year 12.98 % change on previous year 5

Countries ranked near Guinea-Bissau

  1. 171 Qatar 2.34 % change on previous year compare
  2. 172 Latvia 2.23 % change on previous year compare
  3. 173 Thailand 2.04 % change on previous year compare
  4. 175 New Zealand 1.98 % change on previous year compare
  5. 176 Austria 1.95 % change on previous year compare
  6. 177 Indonesia 1.83 % 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 us$), annual growth rate in Guinea-Bissau?
Gdp (current us$), annual growth rate in Guinea-Bissau was 2.02 % change on previous year in 2024, according to Statizoid (derived).
What is the highest gdp (current us$), annual growth rate recorded in Guinea-Bissau?
The highest recorded value was 39.83 % change on previous year in 1981.
What is the lowest gdp (current us$), annual growth rate recorded in Guinea-Bissau?
The lowest recorded value was -32.45 % change on previous year in 2000.
How does Guinea-Bissau rank for gdp (current us$), annual growth rate?
Guinea-Bissau ranks 174th out of 211 countries with data for 2024.
Is gdp (current us$), annual growth rate rising or falling in Guinea-Bissau?
Over the last ten years it is down 12.2%. 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 US$), annual growth rate. Statizoid updates them automatically from the source API.

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

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How this figure is calculated

The year-on-year percentage change in GDP (current US$). 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 US$), 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, 10,102 data points, 1971–2024
Last refreshed

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