The inflation rate in Guinea Bissau was recorded at 3 percent in April of 2020.

Inflation Rate in Guinea Bissau averaged 10.37 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. This page provides - Guinea Bissau Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guinea Bissau Inflation Rate - values, historical data and charts - was last updated on July of 2020.

Inflation Rate in Guinea Bissau is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Inflation Rate in Guinea Bissau to stand at 1.50 in 12 months time. In the long-term, the Guinea Bissau Inflation Rate is projected to trend around 1.70 percent in 2021 and 2.00 percent in 2022, according to our econometric models.

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Guinea Bissau Inflation Rate

Actual Previous Highest Lowest Dates Unit Frequency
3.00 1.30 70.44 -18.23 1993 - 2020 percent Monthly

Guinea Bissau Prices Last Previous Highest Lowest Unit
Inflation Rate 3.00 1.30 70.44 -18.23 percent [+]


Guinea Bissau Inflation Rate
In Guinea Bissau, the inflation rate measures a broad rise or fall in prices that consumers pay for a standard basket of goods.