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 Q3/18 Q4/18 Q1/19 Q2/19 2020
GDP Annual Growth Rate 5.60
percent
5.3 5.4 5.7 5.7 4.9
GDP 1.35
USD Billion
1.27 1.3 1.08 1.08 1.09
GDP per capita 604.60
USD
561 594 562 562 589
GDP per capita PPP 1548.70
USD
1511 1521 1420 1420 1509
LABOUR Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Unemployment Rate 6.10
percent
6.1 6.1 6 6 6
Population 1.86
million
1.9 1.9 1.94 1.94 1.97
PRICES Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Inflation Rate 0.00
percent
2.3 2.7 -0.2 -0.2 3.69
Consumer Price Index Cpi 112.30
Index Points
113 112 112 112 112
Cpi Housing Utilities 138.50
Index Points
134 134 134 134 134
CPI Transportation 117.10
Index Points
120 121 118 117 131
MONEY Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Interest Rate 4.50
percent
4.5 4.5 4.5 4.5 4.5
Deposit Interest Rate 6.93
percent
6.93 6.93 6.93 6.93 6.93
Interbank Rate 4.44
percent
4.44 4.44 4.44 4.44 4.44
TRADE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Balance of Trade -14.10
CFA Franc Million
-0.67 -13.5 -13.55 -13.5 -13.49
Exports 198.40
CFA Franc Million
205 214 218 222 257
Imports 212.50
CFA Franc Million
206 228 231 235 270
Current Account -68.70
CFA Franc Billion
-27.54 -31.2 -24.26 -17.31 -16.51
Current Account to GDP 2.80
percent
-3.6 -3.6 -2.8 -2.8 -1.4
Terrorism Index 0.04
0.48 0.51 0.64 0.77 1.64
GOVERNMENT Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Government Debt to GDP 28.10
percent
36 36 83.5 28.8 40
Government Budget -2.00
percent of GDP
-2.92 -2.53 -2.42 -2.31 -2.6
Military Expenditure 17.28
USD Million
17.34 17.46 17.65 17.85 17.99
BUSINESS Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Leading Economic Index 0.60
Percent
0.41 0.33 0.26 0.19 -0.17
Industrial Production -3.80
percent
-6.28 -0.44 6.91 14.16 0.4
Ease of Doing Business 176.00
179 180 181 181 177
Capacity Utilization 46.40
percent
46.24 46.29 46.27 46.25 46.26
Corruption Index 17.00
Points
17 17 17 17 17
Corruption Rank 171.00
168 168 168 168 168
CONSUMER Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Retail Sales Yoy 17.80
percent
29.66 17.98 13.32 21.85 15.94
CLIMATE Actual Q3/18 Q4/18 Q1/19 Q2/19 2020
Temperature 25.72
celsius
26.23 26.04 26.52 27.49 27.41