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Economy of Guinea-Bissau

Population: 1.70 million in 20131

GDP: $859 million in 20132

GDP per capita: $564 nominal3 ($1,242 PPP4) in 2013

GDP growth rate: 0.3% in 20135

Industries

GDP by Industry 20126

Industry sectorValue added ($ millions) 2012Percent of total
Agriculture, hunting, forestry, fishing40447.0%
Wholesale, retail trade, restaurants and hotels15918.5%
Other activities14617.0%
Manufacturing9911.6%
Transport, storage and communication374.3%
Construction101.2%
Mining and utilities40.4%
Total value added859100%

Employment

Unemployment rate: 7.1% in 20137

Employment by Industry 20008

Employment sectorPercent of total
Agriculture82%
Industry and services18%
Total100%

Corporations

Top 10 Corporations by Revenue 20139

N/A

Households

Household Wealth: $0 billion (0% of GDP) in 201410

Household Wealth per Adult: $463 in 201410

Gini Coefficient: .355 in 201311

Government

Central Government

Central Government Revenue: $142 million (16% of GDP) in 201312

Central Government Expenditure: $157 million (18% of GDP) in 201312

Central Government Budget Balance: -$15 million (-2% of GDP) in 201312

Central Government Public Debt: N/A

Central Government 10 Year Bond Interest Rate: N/A

Government Funds

N/A

Tax Structure

Individual Income Tax Rates and Thresholds: N/A

Corporate Tax Rate: N/A

Monetary Policy

Money Supply (M0, West Africa Currency Union): N/A

Benchmark Interest Rate (West Africa Currency Union): 2.50% in Sept 201413

Total Reserves: $186 million (21% of GDP) in 201314

Exchange Rate: 578 West African CFA Francs = 1 U.S. Dollar on Feb 24, 20515

Inflation: 0.7% in 201316

Financial Institutions

Top 10 Financial Institutions by Assets 201317

N/A (data not available at Relbanks.com)

International Accounts

Exports: $148 million (17% of GDP) in 201318

Imports: $206 million (24% of GDP) in 201318

Trade Balance: -$58 million (-7% of GDP) in 201318

Foreign Direct Investment Inflow: $15 million (2% of GDP) in 201319

Foreign Direct Investment Outflow: N/A

Foreign Aid Inflow: $79 million (9% of GDP) in 201220

Foreign Aid Outflow: N/A

References

1. Source: World Bank Indicators (Population) Go back
2. Source: World Bank Indicators (GDP) Go back
3. Source: World Bank Indicators (GDP per capita) Go back
4. Source: World Bank Indicators (GDP per capita PPP) Go back
5. Source: World Bank Indicators (GDP growth rate) Go back
6. Source: United Nations Statistics Division (GDP by industry) Go back
7. Source: World Bank Indicators (Unemployment rate) Go back
8. Source: CIA World Factbook (Employment by economic activity) Go back
9. Source: Annual reports (Corporate data) Go back
10. Source: Credit Suisse Global Wealth Databook (Household wealth) Go back
11. Source: UN Human Development Report (Gini coefficient) Go back
12. Source: CIA World Factbook (Government budget) Go back
13. Source: Reuters (Benchmark interest rate) Go back
14. Source: World Bank Indicators (Total reserves) Go back
15. Source: xe.com (Exchange rate) Go back
16. Source: World Bank Indicators (Inflation rate) Go back
17. Source: Relbanks.com (Financial institutions by assets) Go back
18. Source: CIA World Factbook (Trade data) Go back
19. Source: World Bank Indicators (FDI data) Go back
20. Source: World Bank Indicators (Aid data) Go back