Highlights 

  • The Guinea-Bissau’s economy growth has slow down over the 2015-2018 period from 6.1% in 2015 to 3.4% in 2018. It increased from 1.1 percentage points in 2019 for settling in 4.5%. The activity should be contracted for 1.9% in 2020 due to the impact of the COVID-19 and rebound in 2021.
  • Like other Member States, the inflation in Guinea-Bissau remains at a relatively low level and below the community standard of 3 %. The inflation rate in the country stay inferior at 2.0% over the last five years. It stood at 0.2% in 2019 and is projected to reach 1.8% in 2020.
  • Guinea-Bissau’s economy depends on the performance of agriculture and fisheries. The country is the sixth largest producer of cashew nuts in the world. This product is the country’s main source of foreign exchange and export. 
  • The budget balance of Guinea-Bissau improve in 2019 with a deficit estimated at 4.2% of GDP against 4.3% of GDP in 2018. The budget deficit could reach 10.3% of GDP in 2020 due to the low level of revenue mobilization caused by the COVID-19 pandemic compared to the increasing costs, particularly for financing needs of the National Development Plan (Terra Ranka, 2015 -2020). The budget deficit should be improved in 2021 with more favorable economic outlook.
  • Guinea-Bissau’s debt rate is estimated at 69.8 % in 2019, an increase of 9.7 percentage points compared to 2018. It could attain 70.9% in 2020. This trend can be explained by the deterioration in the budget balance in line with the investments made under the “Terra Ranka, 2015-2020” plan. The investment rate should thus increase from 14.5% of GDP in 2018 to 15.6% of GDP in 2019 before settling at 19.9% of GDP in 2020.
  • Guinea-Bissau adopted in 2015 a new development framework whose implementation covers the 2015-2025 period: the Guinea-Bissau 2025 vision. The first phase of this program known as “Terra Ranka, 2015-2020” is implemented over the 2015-2020 period. The main goals of the “Terra Ranka” plan are as follows:
    • Maintaining political stability;
    • Implementing public administration reforms and improving public financial management;
    • Institutional capacity-building;
    • The implementation of an economic diversification policy, particularly in agriculture;
    • Strengthening infrastructure investment.

 

  2015 2016 2017 2018 2019 2020
Real GDP growth (%)    6.1  5.4 4.7 3.4 4.5 -1.9
Inflation rate (annual average) 1.5 1.5 1.0 0.3 0.2 1.8
Underlying budget balance / Nominal GDP (%) -7.5 -5.4 -1.4 -4.3 -4.2 -10.3
Inflation ratio* 15,0 18.1 18.1 14.5 15.6 19.9
Current balance, grants included* 1.8 1.4 0.3 -3,0 -6.7 -7.5
Overall debt* 61.7 62.5 52.5 60.1 69.8 70.9

Sources : BCEAO, February 2020. except overall debt (IMF, Regional Economic Outlook : sub-Saharan Africa, April 2020) * in % of GDP 

Loading...

IssuerInstrumentAdditional detailsDate of operationValue dateDeadlineMore infoStatus
Guinea-BissauT-Bill01/06/202102/06/202130/11/2021More info | CompletedrealizedGuinée Bissau 01/06/2021
Guinea-Bissau
SI (Security 1)
T-BondObligations de Relance (OdR)04/05/202105/05/202105/05/2026More info | CompletedrealizedSI - Guinée Bissau 04/05/2021
Guinea-Bissau
SI (Security 2)
T-BondObligations de Relance (OdR)04/05/202105/05/202105/05/2028More info | CompletedrealizedSI - Guinée Bissau 04/05/2021
Guinea-Bissau
SI (Security 1)
T-BondObligations de Relance (OdR)13/04/202114/04/202114/04/2024More info | CompletedrealizedSI - Guinée Bissau 13/04/2021
Guinea-Bissau
SI (Security 2)
T-BondObligations de Relance (OdR)13/04/202114/04/202114/04/2026More info | CompletedrealizedSI - Guinée Bissau 13/04/2021
Guinea-Bissau
SI (Security 1)
T-BondObligations de Relance (OdR)09/03/202110/03/202110/03/2024More info | CompletedrealizedSI - Guinée Bissau 09/03/2021
Guinea-Bissau
SI (Security 2)
T-BondObligations de Relance (OdR)09/03/202110/03/202110/03/2026More info | CompletedrealizedSI - Guinée Bissau 09/03/2021
Guinea-BissauT-Bill26/01/202127/01/202127/04/2021More info | CompletedrealizedGuinée Bissau 26/01/2021
Guinea-Bissau
SI (Security 1)
T-Bond05/11/202006/11/202016/09/2023More info | CompletedrealizedSI - Guinée Bissau 05/11/2020
Guinea-Bissau
SI (Security 2)
T-Bond05/11/202006/11/202016/09/2025More info | CompletedrealizedSI - Guinée Bissau 05/11/2020
Guinea-BissauT-BillBons Covid-1906/08/202007/08/202005/11/2020More info | CompletedrealizedGuinée Bissau 06/08/2020
Guinea-Bissau
SI (Security 1)
T-Bill23/06/2020----More info
canceled | Completed

canceled
SI - Guinée Bissau 23/06/2020
Guinea-Bissau
SI (Security 2)
T-Bill23/06/2020----More info
canceled | Completed

canceled
SI - Guinée Bissau 23/06/2020
Guinea-Bissau
SI (Security 1)
T-Bond15/09/202016/09/202016/09/2023More info | CompletedrealizedSI - Guinée Bissau 15/09/2020
Guinea-Bissau
SI (Security 2)
T-Bond15/09/202016/09/202016/09/2025More info | CompletedrealizedSI - Guinée Bissau 15/09/2020
Guinea-BissauT-Bond28/07/202029/07/202029/07/2023More info | CompletedrealizedGuinée Bissau 28/07/2020
Guinea-BissauT-Bill28/04/201629/04/201627/10/2016More info | CompletedrealizedGuinée Bissau 28/04/2016
Guinea-BissauT-Bill25/10/201626/10/201623/10/2018More info | CompletedrealizedGuinée Bissau 25/10/2016
Guinea-BissauT-Bond22/04/202023/04/202023/04/2023More info | CompletedrealizedGuinée Bissau 22/04/2020
Guinea-BissauT-Bond11/06/201912/06/201912/06/2022More info | CompletedrealizedGuinée Bissau 11/06/2019
Guinea-BissauT-Bond12/03/201913/03/201913/03/2022More info | CompletedrealizedGuinée Bissau 12/03/2019
Guinea-BissauT-Bill07/04/202008/04/202006/04/2021More info | CompletedrealizedGuinée Bissau 07/04/2020
Guinea-BissauT-Bill02/04/201903/04/201931/03/2020More info | CompletedrealizedGuinée Bissau 02/04/2019
Guinea-BissauT-Bill05/02/201906/02/201904/02/2020More info | CompletedrealizedGuinée Bissau 05/02/2019
Guinea-BissauT-BillBons COVID-1907/05/202008/05/202006/08/2020More info | CompletedrealizedGuinée Bissau 07/05/2020
Guinea-BissauT-Bill09/06/202010/06/202008/12/2020More info | CompletedrealizedGuinée Bissau 09/06/2020
Guinea-BissauT-Bond08/11/201809/11/201809/11/2021More info | CompletedrealizedGuinée Bissau 08/11/2018
Guinea-BissauT-Bond28/08/201829/08/201829/08/2021More info | CompletedrealizedGuinée Bissau 28/08/2018
Guinea-BissauT-Bond06/10/201709/10/201711/04/2020More info | CompletedrealizedGuinée Bissau 06/10/2017
Guinea-BissauT-Bond11/07/201612/07/201612/07/2019More info | CompletedrealizedGuinée Bissau 11/07/2016
Guinea-BissauT-Bill15/07/201516/07/201513/07/2016More info | CompletedrealizedGuinée Bissau 15/07/2015
Guinea-BissauT-Bill14/04/201515/04/201511/04/2017More info | CompletedrealizedGuinée Bissau 14/04/2015
Guinea-BissauT-Bill22/07/201423/07/201421/07/2015More info | CompletedrealizedGuinée Bissau 22/07/2014
Guinea-BissauT-Bill20/12/201821/12/201820/06/2019More info | CompletedrealizedGuinée Bissau 20/12/2018
Guinea-BissauT-Bill25/09/201826/09/201824/09/2019More info | CompletedrealizedGuinée Bissau 25/09/2018
Guinea-BissauT-Bill13/02/201814/02/201812/02/2019More info | CompletedrealizedGuinée Bissau 13/02/2018
Guinea-BissauT-Bill22/02/201723/02/201721/02/2018More info | CompletedrealizedGuinée Bissau 22/02/2017
Guinea-Bissau
SI (Security 1)
T-Bill18/02/202019/02/202019/05/2020More info | CompletedrealizedSI - Guinée Bissau 18/02/2020
Guinea-Bissau
SI (Security 2)
T-Bill18/02/202019/02/202016/02/2021More info | CompletedrealizedSI - Guinée Bissau 18/02/2020
Guinea-Bissau
SI (Security 1)
T-Bond24/03/202025/03/202030/01/2023More info | CompletedrealizedSI - Guinée Bissau 24/03/2020
Guinea-Bissau
SI (Security 2)
T-Bond24/03/202025/03/202030/01/2025More info | CompletedrealizedSI - Guinée Bissau 24/03/2020
Guinea-Bissau
SI (Security 1)
T-Bond29/01/202030/01/202030/01/2023More info | CompletedrealizedSI - Guinée Bissau 29/01/2020
Guinea-Bissau
SI (Security 2)
T-Bond29/01/202030/01/202030/01/2025More info | CompletedrealizedSI - Guinée Bissau 29/01/2020
Guinea-Bissau
SI (Security 1)
T-Bond08/10/201909/10/201918/09/2022More info | CompletedrealizedSI - Guinée Bissau 08/10/2019
Guinea-Bissau
SI (Security 2)
T-Bond08/10/201909/10/201909/10/2024More info | CompletedrealizedSI - Guinée Bissau 08/10/2019
Guinea-Bissau
SI (Security 1)
T-Bond17/09/201918/09/201918/09/2022More info | CompletedrealizedSI - Guinée Bissau 17/09/2019
Guinea-Bissau
SI (Security 2)
T-Bond17/09/201918/09/201918/09/2024More info | CompletedrealizedSI - Guinée Bissau 17/09/2019
Guinea-Bissau
SI (Security 1)
T-Bill05/04/201806/04/201804/04/2019More info | CompletedrealizedSI - Guinée Bissau 05/04/2018
Guinea-Bissau
SI (Security 2)
T-Bond05/04/201806/04/201806/04/2021More info | CompletedrealizedSI - Guinée Bissau 05/04/2018
Guinea-Bissau
SI (Security 1)
T-Bill10/04/201711/04/201709/10/2017More info | CompletedrealizedSI - Guinée Bissau 10/04/2017
Guinea-Bissau
SI (Security 2)
T-Bill10/04/201711/04/201709/04/2018More info | CompletedrealizedSI - Guinée Bissau 10/04/2017
Guinea-Bissau
SI (Security 3)
T-Bond10/04/201711/04/201711/04/2020More info | CompletedrealizedSI - Guinée Bissau 10/04/2017