Economy of Guinea-Bissau |
Currency |
CFA Franc |
Fiscal year |
Calendar Year |
Trade organisations |
AU, WTO |
Statistics [1] |
GDP ranking |
191st (2004) [2] |
GDP |
$1.008 billion (2004) |
GDP growth |
2.6% (2004) |
GDP per capita |
$700 (2004) |
GDP by sector |
agriculture (62%), industry (12%), services (26%) (1999) |
Inflation |
4% (2002) |
Pop below poverty line |
N/A (2004) |
Labour force |
480,000 (1999) |
Labour force by occupation |
agriculture (82%)(2000) |
Unemployment |
N/A (1998) |
Main industries |
agricultural products processing, beer, soft drinks |
Trading Partners [3] |
Exports |
$54 million (2002) |
Export - Commodities |
cashew nuts, shrimp, peanuts, palm kernels, sawn lumber |
Main partners |
India 54.9%, U.S. 24.2%, Nigeria 12.7%, Italy 4.1% (2004) |
Imports |
$104 million (2002) |
Imports - Commodities |
foodstuffs, machinery and transport equipment, petroleum products |
Main Partners |
Senegal 23.4%, Portugal 20.4%, the People's Republic of China 8.2%, Netherlands 5.8% (2004) |
Public finances [4] |
Public debt |
N/A (2004) |
Revenues |
N/A (2004) |
Expenses |
N/A (2004) |
Economic aid |
$115.4 million (recipient)(1995) |