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African economies
Guinea-Bissau · Economy

Guinea-Bissau economy: GDP, investment, trade and remittances

How large the Guinea-Bissau economy is and how fast it is growing, who invests in it, what it sells and buys, how much its citizens abroad send home, who it owes and what it holds in reserve. The latest published year is shown with each figure.

GDP
US$2.5 billion
current US$, 2025
Real GDP growth
5.8%
2025
GDP per person
US$1,124
current US$, 2025
Exports of goods
US$218 million
2024, as reported by trading partners
Remittances received
US$217 million
2024, 9.9% of GDP
Foreign direct investment, net inflows
US$34 million
2025, 1.3% of GDP
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Guinea-Bissau economy snapshot: GDP, growth and income per person

Guinea-Bissau's GDP was US$2.5 billion in 2025, after real growth of 5.8%.

GDP

Current US dollars.

01.0bn2.0bn3.0bn201520172019202120232025GDP 2015: US$1.2 billionGDP 2016: US$1.2 billionGDP 2017: US$1.5 billionGDP 2018: US$1.6 billionGDP 2019: US$1.6 billionGDP 2020: US$1.7 billionGDP 2021: US$1.9 billionGDP 2022: US$1.9 billionGDP 2023: US$2.1 billionGDP 2024: US$2.2 billionGDP 2025: US$2.5 billion

Real GDP growth

Annual change, per cent. Red bars are contractions.

0%2%4%6%8%201520172019202120232025Real GDP growth 2015: 6.1%Real GDP growth 2016: 5.4%Real GDP growth 2017: 4.7%Real GDP growth 2018: 3.8%Real GDP growth 2019: 5.3%Real GDP growth 2020: 2.9%Real GDP growth 2021: 5.0%Real GDP growth 2022: 5.5%Real GDP growth 2023: 4.6%Real GDP growth 2024: 4.4%Real GDP growth 2025: 5.8%

GDP per person

Current US dollars.

05001k2k201520172019202120232025GDP per person 2015: US$645GDP per person 2016: US$680GDP per person 2017: US$783GDP per person 2018: US$809GDP per person 2019: US$811GDP per person 2020: US$847GDP per person 2021: US$927GDP per person 2022: US$882GDP per person 2023: US$964GDP per person 2024: US$998GDP per person 2025: US$1,124

Source: World Bank, 2025. Method

Who invests in Guinea-Bissau and in what

Direct investment by investing country

Senegal was the largest investing country in Guinea-Bissau, at 23% of inward direct investment positions in 2023.

Inward direct investment positions in Guinea-Bissau at the end of 2023: the stock of foreign direct investment, not a year's new flow. The 10 largest investing countries.

SenegalUS$87 million22.7%
TurkeyUS$49 million12.9%
LuxembourgUS$36 million9.5%
TogoUS$31 million8.0%
MaliUS$24 million6.4%
PortugalUS$18 million4.6%
Equatorial GuineaUS$16 million4.2%
South AfricaUS$16 million4.1%
LebanonUS$15 million4.1%
MauritaniaUS$15 million4.0%

Source: IMF, 2023. Method

What Guinea-Bissau sells and buys

Guinea-Bissau has not reported recent trade data to UN Comtrade. These figures are what 66 trading partners report about trade with Guinea-Bissau, shown as reported by trading partners. Partners' imports from Guinea-Bissau stand in for its exports and partners' exports to Guinea-Bissau for its imports. They are not Guinea-Bissau's own figures.

Edible fruit and nuts was 93% of exports in 2024.

Guinea-Bissau sold the most to India, 92% of exports in 2024.

Exports by product, 2024

Tile area follows value. Each tile is a customs chapter of the Harmonized System; hover for the full name.

Fruit and nuts, edible: US$203 million, 93.1%Edible fruit and nuts93%Food industries, residues and wastes thereof: US$4.6 million, 2.1%Fish and crustaceans, molluscs and other aquatic invertebrates: US$3.7 million, 1.7%Oil seeds and oleaginous fruits: US$1.5 million, 0.7%Cocoa and cocoa preparations: US$1.5 million, 0.7%Machinery and mechanical appliances, boilers, nuclear reactors: US$1.1 million, 0.5%Aluminium and articles thereof: US$668 thousand, 0.3%Electrical machinery and equipment and parts thereof: US$566 thousand, 0.3%Optical, photographic, cinematographic, measuring, checking, medical or surgical instruments and apparatus: US$310 thousand, 0.1%Iron or steel articles: US$210 thousand, 0.1%Beverages, spirits and vinegar: US$184 thousand, 0.1%Animal or vegetable fats and oils and their cleavage products: US$125 thousand, 0.1%All other chapters: US$636 thousand, 0.3%

Source: UN Comtrade, 2024. Method

Top buyers, 2024

Share of Guinea-Bissau's exports.

IndiaUS$199 million91.6%
TurkeyUS$6.2 million2.8%
South KoreaUS$1.4 million0.6%
FinlandUS$1.3 million0.6%
NetherlandsUS$1.2 million0.6%
JapanUS$1.2 million0.6%
MalaysiaUS$1.1 million0.5%
LiberiaUS$925 thousand0.4%
ItalyUS$571 thousand0.3%
TogoUS$567 thousand0.3%

Top suppliers, 2025

Share of Guinea-Bissau's imports.

PortugalUS$112 million21.4%
SenegalUS$111 million21.1%
ChinaUS$84 million15.9%
PakistanUS$62 million11.8%
TurkeyUS$29 million5.5%
NetherlandsUS$19 million3.6%
IndiaUS$18 million3.5%
SpainUS$14 million2.7%
United StatesUS$8.4 million1.6%
BelgiumUS$6.8 million1.3%

Source: UN Comtrade, 2024. Method

What Guinea-Bissau buys, 2025

The 8 largest product chapters in imports.

CerealsUS$100 million19.0%
Mineral fuels and oilsUS$60 million11.4%
BeveragesUS$46 million8.8%
Machinery and mechanical appliancesUS$27 million5.1%
Iron and steelUS$23 million4.4%
Miscellaneous edible preparationsUS$20 million3.8%
Electrical machinery and equipmentUS$20 million3.7%
VehiclesUS$17 million3.3%

Source: UN Comtrade, 2025. Method

Trade balance of goods

Exports minus imports. Red bars are years when imports were larger. A year is left out when either side is not published.

-600m-400m-200m0202120232024Trade balance 2021: -US$218 million (exports US$206 million, imports US$424 million)Trade balance 2023: -US$460 million (exports US$111 million, imports US$571 million)Trade balance 2024: -US$317 million (exports US$218 million, imports US$535 million)

Source: UN Comtrade, 2024. Method

Remittances against foreign direct investment in Guinea-Bissau

Remittances to Guinea-Bissau were 8.1 times foreign direct investment in 2024.

Remittances receivedForeign direct investment, net inflows
0100m200m300m201520172019202120232025Remittances 2015: US$85 millionRemittances 2016: US$95 millionRemittances 2017: US$105 millionRemittances 2018: US$128 millionRemittances 2019: US$151 millionRemittances 2020: US$175 millionRemittances 2021: US$206 millionRemittances 2022: US$190 millionRemittances 2023: US$204 millionRemittances 2024: US$217 millionForeign direct investment 2015: US$19 millionForeign direct investment 2016: US$24 millionForeign direct investment 2017: US$16 millionForeign direct investment 2018: US$21 millionForeign direct investment 2019: US$72 millionForeign direct investment 2020: US$21 millionForeign direct investment 2021: US$19 millionForeign direct investment 2022: US$22 millionForeign direct investment 2023: US$25 millionForeign direct investment 2024: US$27 millionForeign direct investment 2025: US$34 million

Source: World Bank, 2026. Method

Remittances and investment as a share of GDP

The same two flows measured against the size of the economy.

Remittances, share of GDPForeign direct investment, share of GDP
0%5%10%15%201520172019202120232025Remittances 2015: 7.4%Remittances 2016: 7.6%Remittances 2017: 7.2%Remittances 2018: 8.2%Remittances 2019: 9.5%Remittances 2020: 10.3%Remittances 2021: 10.8%Remittances 2022: 10.2%Remittances 2023: 9.8%Remittances 2024: 9.9%Foreign direct investment 2015: 1.6%Foreign direct investment 2016: 1.9%Foreign direct investment 2017: 1.1%Foreign direct investment 2018: 1.3%Foreign direct investment 2019: 4.5%Foreign direct investment 2020: 1.2%Foreign direct investment 2021: 1.0%Foreign direct investment 2022: 1.2%Foreign direct investment 2023: 1.2%Foreign direct investment 2024: 1.2%Foreign direct investment 2025: 1.3%

Source: World Bank, 2026. Method

Who Guinea-Bissau owes

External debt stock by type of creditor. Creditor types cover public and publicly guaranteed debt; the grey part is the rest of the total external debt stock. A creditor type with no published figure is not shown.

Multilateral creditors held 48% of Guinea-Bissau's external debt stock in 2024.

MultilateralBilateralBondsRest of the total
0500m1.0bn1.5bn20152017201920212023Multilateral 2015: US$363 millionBilateral 2015: US$108 millionBonds 2015: US$28 millionRest of the total 2015: US$78 millionMultilateral 2016: US$369 millionBilateral 2016: US$119 millionBonds 2016: US$45 millionRest of the total 2016: US$63 millionMultilateral 2017: US$508 millionBilateral 2017: US$96 millionBonds 2017: US$69 millionRest of the total 2017: US$77 millionMultilateral 2018: US$540 millionBilateral 2018: US$96 millionBonds 2018: US$97 millionRest of the total 2018: US$91 millionMultilateral 2019: US$576 millionBilateral 2019: US$95 millionBonds 2019: US$126 millionRest of the total 2019: US$105 millionMultilateral 2020: US$706 millionBilateral 2020: US$95 millionBonds 2020: US$236 millionRest of the total 2020: US$81 millionMultilateral 2021: US$676 millionBilateral 2021: US$134 millionBonds 2021: US$305 millionRest of the total 2021: US$143 millionMultilateral 2022: US$651 millionBilateral 2022: US$131 millionBonds 2022: US$372 millionRest of the total 2022: US$96 millionMultilateral 2023: US$690 millionBilateral 2023: US$127 millionBonds 2023: US$495 millionRest of the total 2023: US$110 millionMultilateral 2024: US$691 millionBilateral 2024: US$124 millionBonds 2024: US$495 millionRest of the total 2024: US$123 million

Source: World Bank, 2026. Method

Reserves and months of import cover

Total reserves including gold, and how many months of imports they cover.

No reserves figures for Guinea-Bissau are not published by the World Bank, so none are shown.

Source: World Bank, 2026. Method

Aid received by Guinea-Bissau

Net official development assistance and official aid received.

050m100m150m200m20152017201920212023Aid received 2015: US$95 millionAid received 2016: US$197 millionAid received 2017: US$113 millionAid received 2018: US$154 millionAid received 2019: US$113 millionAid received 2020: US$149 millionAid received 2021: US$171 millionAid received 2022: US$150 millionAid received 2023: US$189 million

Source: World Bank, 2026. Method

Where Guinea-Bissau ranks in Africa

Its place among the 54 African countries on each of our Africa rankings. Each tile opens the full ranking with its source.

All Africa rankings

More on Guinea-Bissau

World Bank data pages for Guinea-Bissau: GDP, GDP growth, GDP per person, remittances, foreign direct investment, reserves, months of imports, external debt, debt by creditor, aid. UN Comtrade: trade data. IMF: direct investment positions.

Cite this

PollsAfrica (2026). Guinea-Bissau economy: GDP, investment, trade and remittances. Retrieved 10 Oct 2026 from https://pollsafrica.com/economy/guinea-bissau