Guinea Bissau | Economic Forecasts | 2017-2020 Outlook

This page has economic forecasts for Guinea Bissau including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Guinea Bissau economy.


GDP Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
GDP Annual Growth Rate 5.20 5.3 5 5 5.3 4.9 percent [+]
GDP 1.13 1.2 1.17 1.15 1.12 1.09 USD Billion [+]
GDP per capita 572.40 568 566 565 563 563 USD [+]
GDP per capita PPP 1466.30 1452 1445 1437 1429 1418 USD [+]
LABOUR Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 6.53 6.6 6.6 6.6 6.6 6.5 percent [+]
Population 1.82 1.86 1.87 1.88 1.89 2 million [+]
PRICES Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Inflation Rate 1.30 1.3 2.1 2 2.3 3.69 percent [+]
CPI Transportation 117.70 116 116 116 115 112 Index Points [+]
MONEY Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Interest Rate 4.50 4.5 4.5 4.5 4.5 4 percent [+]
Deposit Interest Rate 7.11 7.27 7.31 7.34 7.37 7.58 percent [+]
Interbank Rate 5.44 5.18 5.19 5.19 5.19 5.2 percent [+]
TRADE Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade 29.70 2.94 2.8 2.66 2.53 -9.72 CFA Franc Million [+]
Exports 162.70 185 189 194 199 217 CFA Franc Million [+]
Imports 133.00 135 136 136 137 140 CFA Franc Million [+]
Current Account 0.50 -8.81 -8.88 -8.96 -9.03 -7.88 CFA Franc Billion [+]
Current Account to GDP -2.20 -3 -3.6 -3.6 -2.64 -1.4 percent [+]
Terrorism Index 0.08 0.56 0.68 0.81 0.93 1.58 [+]
GOVERNMENT Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Government Debt to GDP 33.20 34 36 36 55.7 40 percent [+]
Government Budget -4.00 -4.81 -4.82 -4.83 -4.85 -3.76 percent of GDP [+]
Military Expenditure 17.00 16.7 16.56 16.42 16.27 14.89 USD Million [+]
BUSINESS Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Leading Economic Index 0.90 0.76 0.58 0.41 0.25 -0.87 [+]
Industrial Production 21.70 16.37 11.76 8.96 8.82 12.12 percent [+]
Ease of Doing Business 172.00 178 179 180 181 179 [+]
Capacity Utilization 46.40 52.25 51.87 52.1 53.03 54.45 percent [+]
Corruption Index 16.00 22 22 22 23 22 Points [+]
Corruption Rank 168.00 156 155 155 154 156 [+]
CONSUMER Actual Q4/17 Q1/18 Q2/18 Q3/18 2020
Retail Sales Yoy 8.30 22.7 33.09 31.71 32.95 13.95 percent [+]