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 Q1/18 Q2/18 Q3/18 Q4/18 2020
GDP Annual Growth Rate 5.50
percent
5 5 5.3 5.4 4.9
GDP 1.13
USD Billion
1.12 1.15 1.17 1.2 1.09
GDP per capita 572.40
USD
560 563 565 568 561
GDP per capita PPP 1466.30
USD
1398 1416 1434 1452 1416
LABOUR Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Unemployment Rate 6.53
percent
6.6 6.6 6.6 6.6 6.5
Population 1.82
million
1.82 1.84 1.85 1.86 2.04
PRICES Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Inflation Rate -1.20
percent
2.1 2 2.3 2.7 3.69
CPI Transportation 117.90
Index Points
117 117 117 116 113
MONEY Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Interest Rate 4.50
percent
4.5 4.5 4.5 4.5 4
Deposit Interest Rate 7.11
percent
7.25 7.26 7.27 7.27 7.63
Interbank Rate 6.04
percent
5.28 5.27 5.25 5.24 5.21
TRADE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Balance of Trade 29.70
CFA Franc Million
5.77 4.82 3.88 2.94 -10.11
Exports 162.70
CFA Franc Million
157 166 176 185 218
Imports 133.00
CFA Franc Million
122 126 131 135 140
Current Account 0.50
CFA Franc Billion
-1.73 -4.09 -6.45 -8.81 -8.59
Current Account to GDP -2.20
percent
-3.6 -3.6 -2.36 -3.6 -1.4
Terrorism Index 0.04
0.41 0.44 0.48 0.51 1.64
GOVERNMENT Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Government Debt to GDP 33.20
percent
36 36 46.5 36 40
Government Budget -4.00
percent of GDP
-3.32 -3.82 -4.31 -4.81 -3.32
Military Expenditure 17.00
USD Million
16.83 16.79 16.74 16.7 14.55
BUSINESS Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Leading Economic Index 0.70
Percent
0.49 0.33 0.17 0.02 -0.92
Industrial Production 11.70
percent
5.19 8.57 12.81 15.94 13.23
Ease of Doing Business 176.00
177 178 179 180 177
Capacity Utilization 46.40
percent
51.3 51.05 52.02 52.73 54.11
Corruption Index 16.00
Points
19 20 21 22 18
Corruption Rank 168.00
158 157 156 156 157
CONSUMER Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Retail Sales Yoy -18.20
percent
10.48 10.47 26.09 22.63 5.19
CLIMATE Actual Q1/18 Q2/18 Q3/18 Q4/18 2020
Temperature 25.72
celsius
26.47 28.53 26.23 26.04 27.41