1565126
Crioulo (lingua franca), Portuguese (official; largely used as a second or third language), Pular (a Fula language), Mandingo
BISSAU (capital) 492,000 (2015)
- Conventional long form
- Republic of Guinea-Bissau
- Conventional short form
- Guinea-Bissau
- Local long form
- Republica da Guine-Bissau
- Local short form
- Guine-Bissau
semi-presidential republic
- Name
- Bissau
- Geographic coordinates
- 11 51 N, 15 35 W
- Time difference
- UTC 0 (5 hours ahead of Washington, DC, during Standard Time)
accepts compulsory ICJ jurisdiction; non-party state to the ICCt
Guinea-Bissau is highly dependent on subsistence agriculture, cashew nut exports, and foreign assistance. Two out of three Bissau-Guineans remain below the absolute poverty line. The legal economy is based on cashews and fishing. Illegal logging and trafficking in narcotics also play significant roles. The combination of limited economic prospects, weak institutions, and favorable geography have made this West African country a way station for drugs bound for Europe.
- Inflation
- 1.694%
- External debt stocks
- US$ 314,876,000
- Total tax rate (% of commercial profits)
- 45.5%
- Real Interest Rate
- 4.346%
- Manufacturing, value added (% of GDP)
- 10.605%
- Current Account Balance
- US$ -52,508,821
- Labor Force, Total
- 771,859
- Employment in Agriculture
- %
- Employment in Industry
- %
- Employment in Services
- %
- Unemployment Rate
- 6.53%
- Imports of goods and services
- US$ 403,641,973
- Exports of goods and services
- US$ 333,069,593
- Total Merchandise Trade
- 45.49%
- FDI, net inflows
- US$ 18,344,357
- Commercial Service Exports
- US$ 37,902,596
rice, corn, beans, cassava (manioc, tapioca), cashew nuts, peanuts, palm kernels, cotton; timber; fish
agricultural products processing, beer, soft drinks
- Commodities
- fish, shrimp; cashews, peanuts, palm kernels, raw and sawn lumber
- Partners
- India 63.3%, Nigeria 20.4%, China 5.7%, Togo 5.7% (2015)
- Commodities
- foodstuffs, machinery and transport equipment, petroleum products
- Partners
- Portugal 27.2%, Senegal 12.8%, China 6.5%, Spain 5.5%, Cuba 4.9% (2015)