Guinea Bissau - Economic Forecasts - 2018-2020 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 Q2/18 Q3/18 Q4/18 Q1/19 2020
GDP Annual Growth Rate 5.80
percent
5 5.3 5.4 6 4.9
GDP 1.13
USD Billion
1.15 1.17 1.2 1.08 1.09
GDP per capita 572.40
USD
562 561 567 562 563
GDP per capita PPP 1466.30
USD
1409 1429 1448 1420 1425
LABOUR Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 6.53
percent
6.6 6.6 6.6 6.57 6.5
Population 1.82
million
1.84 1.85 1.86 1.87 2.04
PRICES Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Inflation Rate -1.00
percent
2 2.3 2.7 1.6 3.69
CPI Transportation 117.70
Index Points
119 120 121 120 131
MONEY Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Interest Rate 4.50
percent
4.5 4.5 4.5 4.25 4
Deposit Interest Rate 7.11
percent
7.1 7.09 7.08 7.08 7.09
Interbank Rate 7.35
percent
5.5 5.5 5.5 5.25 5
TRADE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Balance of Trade 29.70
CFA Franc Million
40.66 46.04 53.39 54.25 51.42
Exports 162.70
CFA Franc Million
166 175 184 188 210
Imports 133.00
CFA Franc Million
125 129 132 134 159
Current Account 0.50
CFA Franc Billion
4.27 8.65 13.03 15.03 20.18
Current Account to GDP 2.80
percent
-3.6 -3.6 -3.6 -2.8 -1.4
Terrorism Index 0.04
0.44 0.48 0.51 0.64 1.64
GOVERNMENT Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Government Debt to GDP 33.20
percent
36 36 36 83.5 40
Government Budget -2.00
percent of GDP
-3.82 -4.31 -4.81 -4.82 -3.32
Military Expenditure 17.28
USD Million
16.95 17.07 17.19 17.38 17.72
BUSINESS Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Leading Economic Index 0.60
Percent
1.03 1.08 0.91 0.79 0.9
Industrial Production 12.10
percent
14.28 14.93 14.66 14.77 14.74
Ease of Doing Business 176.00
178 179 180 181 177
Capacity Utilization 46.40
percent
50.17 50.47 51.19 51.87 53.8
Corruption Index 17.00
Points
17 17 17 17 17
Corruption Rank 171.00
171 171 171 171 171
CONSUMER Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Retail Sales Yoy -0.40
percent
-1.28 -12.18 -2.04 -11.47 -4.88
CLIMATE Actual Q2/18 Q3/18 Q4/18 Q1/19 2020
Temperature 25.72
celsius
28.53 26.23 26.04 26.52 27.41