The Gross Domestic Product (GDP) in Guinea Bissau was worth 1.45 billion US dollars in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Guinea Bissau represents 0 percent of the world economy. GDP in Guinea Bissau averaged 0.45 USD Billion from 1970 until 2019, reaching an all time high of 1.46 USD Billion in 2018 and a record low of 0.08 USD Billion in 1971. The gross domestic product (GDP) measures of national income and output for a given country's economy. The gross domestic product (GDP) is equal to the total expenditures for all final goods and services produced within the country in a stipulated period of time. This page provides the latest reported value for - Guinea Bissau GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The total population in Guinea Bissau was estimated at 1.9 million people in 2019, according to the latest census figures and projections from Trading Economics. Looking back, in the year of 1960, Guinea Bissau had a population of 0.6 million people. The population of Guinea Bissau represents 0.02 percent of the world´s total population which arguably means that one person in every 4500 people on the planet is a resident of Guinea Bissau. This page provides the latest reported value for - Guinea Bissau Population - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The benchmark interest rate in Guinea Bissau was last recorded at 4.50 percent. Interest Rate in Guinea Bissau averaged 4.03 percent from 2010 until 2020, reaching an all time high of 4.50 percent in December of 2016 and a record low of 3.50 percent in September of 2013. Guinea Bissau is a member of the Economic and Monetary Community of West Africa (UEMOA). In UEMOA, interest rates decisions are taken by the Central Bank of West African States’ Monetary Policy Committee. The Central Bank of West African States’ official rate is the key interest rate. This page provides - Guinea Bissau Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Guinea Bissau was recorded at 0.60 percent in January of 2020. Inflation Rate in Guinea Bissau averaged 10.47 percent from 1993 until 2020, reaching an all time high of 70.44 percent in June of 1993 and a record low of -18.23 percent in November of 1999. In Guinea Bissau, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods. This page provides - Guinea Bissau Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Guinea Bissau recorded a Government Budget deficit equal to 2.50 percent of the country's Gross Domestic Product in 2018. Government Budget in Guinea Bissau averaged -2.84 percent of GDP from 2002 until 2018, reaching an all time high of 3.60 percent of GDP in 2009 and a record low of -9.50 percent of GDP in 2006. Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - Guinea Bissau Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Guinea Bissau recorded a government debt equivalent to 28.10 percent of the country's Gross Domestic Product in 2017. Government Debt to GDP in Guinea Bissau averaged 109.37 percent from 2000 until 2017, reaching an all time high of 209.50 percent in 2002 and a record low of 18.10 percent in 2011. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Guinea Bissau Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Guinea Bissau decreased 18 percent in the fourth quarter of 2019 over the same quarter in the previous year. Industrial Production in Guinea Bissau averaged 10.65 percent from 2010 until 2019, reaching an all time high of 74.50 percent in the first quarter of 2015 and a record low of -20.70 percent in the first quarter of 2014. This page provides - Guinea Bissau Industrial Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Retail Sales in Guinea Bissau increased 5 percent in the fourth quarter of 2019 over the same quarter in the previous year. Retail Sales Yoy in Guinea Bissau averaged 8.78 percent from 2010 until 2019, reaching an all time high of 55.70 percent in the first quarter of 2012 and a record low of -24.10 percent in the fourth quarter of 2013. This page provides - Guinea Bissau Retail Sales YoY- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Capacity Utilization in Guinea Bissau remained unchanged at 90 percent in the fourth quarter of 2019 from 90 percent in the third quarter of 2019. Capacity Utilization in Guinea Bissau averaged 58.58 percent from 2008 until 2019, reaching an all time high of 97.70 percent in the fourth quarter of 2014 and a record low of 40.40 percent in the third quarter of 2009. This page provides - Guinea Bissau Capacity Utilization- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Guinea Bissau expanded 5.40 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Guinea Bissau averaged 3.37 percent from 1971 until 2019, reaching an all time high of 22.80 percent in the first quarter of 2013 and a record low of -28.10 percent in the fourth quarter of 1998. Guinea Bissau is one of the poorest countries in the world. The export of cashew nuts, which account for over 90 percent of total exports, is the backbone of the country’s economy. The major obstacle to the country’s growth is the unstable social environment caused by successive military coups and the traffic of narcotics. After the death of the president in January of 2012, the military seized power and suspended democracy. As a result, the Economic Community of Central Africa threatened sanctions that can hamper the country’s future. This page provides - Guinea Bissau GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Guinea Bissau thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Guinea Bissau as reported by major credit rating agencies.

Imports - Transmission Shafts & Cranks, Bearing Housings, Etc. in Mexico increased to 277592 USD THO in March from 264992 USD THO in February of 2020. Imports - Transmission Shafts & Cranks, Bearing Ho in Mexico averaged 265087.35 USD THO from 2014 until 2020, reaching an all time high of 370414 USD THO in October of 2017 and a record low of 217205 USD THO in January of 2016. This page includes a chart with historical data for Mexico Imports of Transmission Shafts & Cranks, Bearing.

Imports - Transmission Apparatus For Radiotelephony, Tv, Etc in Mexico increased to 57995 USD THO in March from 52166 USD THO in February of 2020. Imports - Transmission Apparatus For Radiotelephon in Mexico averaged 51527.49 USD THO from 2014 until 2020, reaching an all time high of 74616 USD THO in October of 2014 and a record low of 36257 USD THO in January of 2017. This page includes a chart with historical data for Mexico Imports of Transmission Apparatus For Radioteleph.

Interbank Rate in Guinea Bissau increased to 4.23 percent in February from 3.64 percent in January of 2020. Interbank Rate in Guinea Bissau averaged 5.24 percent from 2005 until 2020, reaching an all time high of 7.35 percent in February of 2018 and a record low of 3.64 percent in January of 2020. The interbank rate is the rate of interest charged on short-term loans made between banks in the local currency. This page provides - Guinea Bissau Interbank Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Swiss Franc LIBOR Three Month Rate was at -0.59 percent on Friday May 8. Interbank Rate in Switzerland averaged 2.18 percent from 1986 until 2020, reaching an all time high of 10 percent in January of 1990 and a record low of -0.96 percent in January of 2015. The three month Swiss Franc LIBOR interest rate is the average interest rate at which a LIBOR contributor bank can obtain unsecured funding in the London interbank market for a three month period in Swiss Francs. This page provides - Switzerland Three Month Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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