Guinea Bissau GDP

The Gross Domestic Product (GDP) in Guinea Bissau was worth 0.89 billion US dollars in 2012. The GDP value of Guinea Bissau represents less than 0.01 percent of the world economy. GDP in Guinea Bissau is reported by the World Bank. From 1970 until 2012, Guinea Bissau GDP averaged 0.3 USD Billion reaching an all time high of 1.0 USD Billion in December of 2011 and a record low of 0.1 USD Billion in December of 1970. 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 - Guinea Bissau GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
0.89 0.97 0.97 0.08 0.90 | 2014/06 1970 - 2012 USD Billion Yearly

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Guinea Bissau GDP
LIST BY COUNTRY

GDP Last Previous Highest Lowest Forecast Unit
GDP 0.89 2012-12-31 0.97 0.97 0.08 0.90 2014-06-30 USD Billion [+]
GDP Annual Growth Rate -1.50 2012-12-31 5.30 18.17 -28.10 0.92 2013-12-31 percent [+]
GDP per capita 423.38 2012-12-31 440.24 589.77 380.45 413.08 2014-06-30 USD [+]
GDP per capita PPP 1027.70 2012-12-31 1068.62 1431.58 923.50 1002.70 2014-06-30 USD [+]
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GDP | Notes
The gross domestic product (GDP) or gross domestic income (GDI) is one of the measures of national income and output. GDP can be defined in three ways, which should give identical results. First, it is equal to the total expenditures for all final goods and services produced within the country in a specified period of time (usually a 365-day year). Second, it is equal to the sum of the value added at every stage of production by all the industries, plus taxes and minus subsidies on products. Third, it is equal to the sum of the income generated by production like compensation of employees, taxes on production and imports less subsidies, and gross operating surplus.


RELATED NEWS

Guinea Bissau Inflation Rate at -2.10 percent  
The inflation rate in Guinea Bissau was recorded at -2.10 percent in February of 2014. Inflation Rate in Guinea Bissau is reported by the Central Bank of West African States (BCEAO).
Guinea Bissau Current Account to GDP at -6.30 Percent  
Guinea Bissau recorded a Current Account deficit of 6.30 percent of the country's Gross Domestic Product in 2012. Current Account to GDP in Guinea Bissau is reported by the Central Bank of West African States (BCEAO).
Guinea Bissau Balance of Trade at -34.65 CFA Franc Billion  
Guinea Bissau recorded a trade deficit of 34.65 CFA Franc Billion in 2010. Balance of Trade in Guinea Bissau is reported by the Central Bank of West African States (BCEAO).
Guinea Bissau Interest Rate at 3.50 percent  
The benchmark interest rate in Guinea Bissau was last recorded at 3.50 percent. Interest Rate in Guinea Bissau is reported by the Central Bank of West African States (BCEAO).
Guinea Bissau Current Account at -35.05 CFA Franc Billion  
Guinea Bissau recorded a Current Account deficit of 35.05 CFA Franc Billion in 2010. Current Account in Guinea Bissau is reported by the Central Bank of West African States (BCEAO).
Guinea Bissau Government Budget at -2.30 Percent of GDP  
Guinea Bissau recorded a Government Budget deficit equal to 2.30 percent of the country's Gross Domestic Product in 2012. Government Budget in Guinea Bissau is reported by the Central Bank of West African States (BCEAO).
Guinea Bissau GDP per capita at 423.38 USD  
The Gross Domestic Product per capita in Guinea Bissau was last recorded at 423.38 US dollars in 2012. The GDP per Capita in Guinea Bissau is equivalent to 3 percent of the worlds average. GDP per capita in Guinea Bissau is reported by the World Bank.
Guinea Bissau GDP per capita PPP at 1027.70 USD  
The Gross Domestic Product per capita in Guinea Bissau was last recorded at 1027.70 US dollars in 2012, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Guinea Bissau, when adjusted by Purchasing Power Parity is equivalent to 5 percent of the worlds average. GDP per capita PPP in Guinea Bissau is reported by the World Bank.
Guinea Bissau Population at 1.66 million  
The total population in Guinea Bissau was last recorded at 1.7 million people in 2012 from 0.6 million in 1960, changing 159 percent during the last 50 years. Population in Guinea Bissau is reported by the World Bank.
Guinea Bissau GDP at 0.89 USD Billion  
The Gross Domestic Product (GDP) in Guinea Bissau was worth 0.89 billion US dollars in 2012. The GDP value of Guinea Bissau represents less than 0.01 percent of the world economy. GDP in Guinea Bissau is reported by the World Bank.
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