Guinea-Bissau

GDP growth, year over year

GDP growth tracks how quickly inflation-adjusted output is expanding or contracting. It is the headline pace measure for business cycles, slowdowns, recoveries, and recessions.

GDP Growth Rate -- Guinea-Bissau

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The reading right now

As of January 2024, GDP growth, year over year for Guinea-Bissau stood at 4.15%. That is down 1.7 percentage points from the prior year. Over the trailing five years, the series has averaged 4.8%, ranging from a low of 2.89% in January 2020 to a high of 5.83% in January 2023. The current reading sits 0.37 percentage points below its trailing ten-year mean of 4.52%.

Computed from the observation series on this page. Numbers update when the underlying provider revises the data.