Highlights 

  • In spite of the fragile political situation in Guinea-Bissau, the country has witnessed an annual growth of more than 5% GDP since 2015, except in 2018, when a growth rate of 4.3% is forecast. 
  • The economy of Guinea-Bissau depends mainly on agriculture and fishing. The country is the sixth largest producer of cashew nuts, with a production of approximately 120,000 tons, which is the main source of foreign exchange and export of the country.
  • Member of WAEMU, since 1997, the country benefits from the fixed parity between the Euro and the CFA. Inflation remains at a low level, below 3%.
  • Owing to the suspension of aid from donors due to the political crisis, the budget deficit strongly deteriorated in 2015 and 2016. It should, however, fall back to 2.6% of GDP by 2017, below the Community threshold of 3% reflecting a timid recovery. Moreover, international aid is conditioned by progress made at the political level.
  • Guinea-Bissau, as a Member, complies with the regulatory regime of OHADA (Organization for the harmonization of business law in Africa).
  • The country has many other natural resources, such as bauxite, wood, oil, phosphate, etc. Its coastline, teeming with fish, attracts fishermen from the European Union with an average yearly catch of 500,000 tons of fish.

 

  2013 2014 2015 2016 2017 2018
GDP growth (%)    3.3 1.0 6.1 6.2 5.9 4.3
Investment rate* 6.8 8.4 4.1 4.9 6.2 5.2
Inflation rate (annual average) 0.7 -1.0 1.5 1.5 1.0 0.4
Underlying budget balance / Nominal GDP (%) -1.8 -3.2 -8.3 -5.4 -2.6 -1.5
Current balance, grants included* -5.1 0.6 2.0 1.4 -3.2 -6.4
Overall debt* 53.7 54.9 50.3 48.8 42.0 40.1

Sources : BCEAO except the debt data provided by the IMF (Regional Economic outlook report, April 2018)
* in % of GDP 

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InstrumentDate of operationValue dateDeadlineAmount(millions of FCFA)More info
T-Bond 17/09/201918/09/2019--6 000More info | ScheduledGuinée Bissau 17/09/2019
T-Bond 11/06/201912/06/201912/06/202210 000More info | CompletedGuinée Bissau 11/06/2019
T-Bill 02/04/201903/04/201931/03/20208 000More info | CompletedGuinée Bissau 02/04/2019
T-Bond 12/03/201913/03/201913/03/20226 000More info | CompletedGuinée Bissau 12/03/2019
T-Bill 05/02/201906/02/201904/02/20206 000More info | CompletedGuinée Bissau 05/02/2019
T-Bill 20/12/201821/12/201820/06/201910 000More info | CompletedGuinée Bissau 20/12/2018
T-Bond 08/11/201809/11/201809/11/20215 000More info | CompletedGuinée Bissau 08/11/2018
T-Bond 28/08/201829/08/201829/08/20216 000More info | CompletedGuinée Bissau 28/08/2018
T-Bill 25/09/201826/09/201824/09/20195 000More info | CompletedGuinée Bissau 25/09/2018
T-Bill 06/04/201809/04/201823/10/20185 000More info | CompletedGuinée Bissau 06/04/2018
T-Bill
SI (Security 1)
05/04/201806/04/201804/04/201910 000More info | CompletedSI - Guinée Bissau 05/04/2018
T-Bond
SI (Security 2)
05/04/201806/04/201806/04/202110 000More info | CompletedSI - Guinée Bissau 05/04/2018
T-Bill 13/02/201814/02/201812/02/20196 000More info | CompletedGuinée Bissau 13/02/2018
T-Bond 06/10/201709/10/201711/04/20205 000More info | CompletedGuinée Bissau 06/10/2017
T-Bond 10/04/201711/04/201711/04/202016 500More info | CompletedGuinée Bissau 10/04/2017
T-Bill 31/03/201711/04/201704/09/201816 500More info | CompletedGuinée Bissau 31/03/2017
T-Bill 10/04/201711/04/201709/10/201716 500More info | CompletedGuinée Bissau 10/04/2017
T-Bill 22/02/201723/02/201721/02/201813 000More info | CompletedGuinée Bissau 22/02/2017
T-Bill 25/10/201626/10/201623/10/201813 000More info | CompletedGuinée Bissau 25/10/2016
T-Bond 11/07/201612/07/201612/07/201911 000More info | CompletedGuinée Bissau 11/07/2016
T-Bill 28/04/201629/04/201627/10/201612 000More info | CompletedGuinée Bissau 28/04/2016
T-Bill 15/07/201516/07/201513/07/201610 000More info | CompletedGuinée Bissau 15/07/2015
T-Bill 14/04/201515/04/201511/04/201715 000More info | CompletedGuinée Bissau 14/04/2015
T-Bill 22/07/201423/07/201421/07/201515 000More info | CompletedGuinée Bissau 22/07/2014