Economy of Guinea-Bissau

Imports

Imports commoditiesfoodstuffs, machinery and transport equipment, petroleum products

Import partnersPortugal 28.8%, Senegal 17.5%, US 7.3%, China 5% (2012)

Exports

Exports commoditiesfish, shrimp; cashew nuts, peanuts, palm kernels, sawn lumber

Export partnersIndia 56.5%, Nigeria 27.1%, Togo 5.9% (2012)

Economy sectors

Agriculture productsrice, corn, beans, cassava (manioc), cashew nuts, peanuts, palm kernels, cotton; timber; fish

Industrial productsagricultural products processing, beer, soft drinks

Economy

Unemployment7.40 % (2010)

GDP - Official Exchange Rate880 Million $ (2013)812 Million $ (2012)968 Million $ (2011)

GDP growth rate3.50 % (2013)-1.50 % (2012)5.30 % (2011)

GDP per Capita (PPP)1,200 $ (2013)1,200 $ (2012)1,200 $ (2011)

GDP - Purchasing Power Parity2.01 Billion $ (2013)1.91 Billion $ (2012)1.96 Billion $ (2011)

GDP PPP per land area55,502 $ per square kilometer (2013)52,900 $ per square kilometer (2012)54,145 $ per square kilometer (2011)

Electricity

Banking

Central bank discount rate4.25 % (2009)4.75 % (2008)4.25 % (2007)

Commercial bank prime lending rate15.0 % (2013)15.0 % (2012)15.0 % (2011)

GDP decomposition by sector

Agriculture % of GDP58.0 % (2013)57.6 % (2012)

Industry % of GDP13.5 % (2013)13.6 % (2012)

Services % of GDP28.5 % (2013)28.7 % (2012)

Tourism

International tourism, number of arrivals30,000 (2007)12,000 (2006)5,000 (2005)

Debt, Current Account Balance and Budget Deficit

Current Account Balance (Percentage of GDP)-8.47 % of GDP (2010)-5.72 % of GDP (2009)-3.41 % of GDP (2008)

External Debt Stocks (Percentage of GNI)31.2 % of GNI (2012)29.3 % of GNI (2011)135 % of GNI (2010)

Short-term debt (percentage of total external debt)12.2 % of total external debt (2012)11.7 % of total external debt (2011)11.2 % of total external debt (2010)

Current Account Balance (Total)-47.30 Million $ (2013)-47.40 Million $ (2012)-95.90 Million $ (2011)

External Debt (Total)279 Million $ (2012)284 Million $ (2011)1.10 Billion $ (2010)

External Debt (Percentage of GDP)34.4 % of GDP (2012)29.3 % of GDP (2011)131 % of GDP (2010)

External Debt per Capita172 $ (2012)178 $ (2011)690 $ (2010)