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Economy of France vs Guinea-Bissau compared: GDP & Debt

Updated on by Georank team

France has a GDP of $3.16T compared to $2.22B for Guinea-Bissau, ranking 7/197 and 176/197 by economy size, respectively.

France has $3.58T in government debt (113.1% of GDP), compared to $1.82B (82.2% of GDP) in Guinea-Bissau.

France vs Guinea-Bissau GDP by year

France
Guinea-Bissau
1x
Year GDP, current $
France Guinea-Bissau
2024 $3,160,442,622,465 $2,218,393,805
2023 $3,056,250,648,138 $2,127,688,181
2022 $2,794,788,137,067 $1,859,601,384
2021 $2,966,433,692,008 $1,908,094,558
2020 $2,647,926,055,110 $1,705,057,581
2019 $2,722,793,515,172 $1,596,227,316
2018 $2,781,576,320,884 $1,554,133,594
2017 $2,588,868,323,335 $1,469,978,606
2016 $2,470,407,619,777 $1,245,074,264
2015 $2,442,483,452,643 $1,152,384,167
2014 $2,861,236,112,552 $1,135,250,721
2013 $2,816,077,607,875 $1,109,682,824
2012 $2,683,007,095,787 $1,049,412,177
2011 $2,870,408,553,990 $1,157,074,319
2010 $2,646,230,027,988 $940,112,539
2009 $2,700,075,882,519 $890,167,833
2008 $2,926,802,941,586 $952,667,544
2007 $2,655,816,911,867 $753,162,998
2006 $2,317,861,544,691 $634,781,901
2005 $2,192,146,403,028 $639,776,041
2004 $2,109,792,297,237 $582,169,841
2003 $1,835,095,983,049 $553,614,800
2002 $1,492,427,756,382 $466,773,711
2001 $1,370,376,677,299 $412,610,872
2000 $1,360,959,069,477 $391,345,597
1999 $1,486,915,879,702 $579,365,780
1998 $1,496,906,382,032 $591,034,143
1997 $1,449,392,222,971 $698,107,222
1996 $1,598,889,216,566 $702,965,148
1995 $1,595,219,345,512 $660,195,402
1994 $1,385,822,778,828 $612,502,085
1993 $1,314,383,368,080 $615,779,519
1992 $1,389,663,073,110 $588,309,271
1991 $1,258,961,748,634 $668,470,891
1990 $1,257,649,439,827 $634,187,269
1989 $1,016,742,237,302 $554,072,303
1988 $1,010,827,662,152 $427,514,322
1987 $926,320,855,615 $451,893,375
1986 $764,946,585,851 $338,524,233
1985 $547,220,981,165 $373,959,151
1984 $525,033,325,828 $359,980,491
1983 $553,356,312,936 $425,225,177
1982 $578,152,310,610 $430,284,022
1981 $609,184,791,792 $402,230,865
1980 $694,529,183,483 $287,648,258
1979 $608,218,624,730 $308,143,183
1978 $501,724,418,605 $318,876,550
1977 $406,401,711,688 $298,871,675
1976 $368,363,152,144 $292,152,321
1975 $357,324,307,786 $283,311,997
1974 $282,739,225,314 $256,769,730
1973 $261,970,536,240 $232,331,281
1972 $201,738,881,664 $227,986,203
1971 $164,694,210,962 $204,167,297
1970 $147,312,861,698 $204,670,551
1969 $140,660,914,841 -
1968 $128,710,572,572 -
1967 $118,088,635,381 -
1966 $109,306,730,313 -
1965 $100,927,668,584 -
1964 $93,424,179,943 -
1963 $84,227,606,650 -
1962 $75,196,980,365 -
1961 $67,158,050,215 -
1960 $61,959,085,885 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/france/guinea-bissau | CC BY

GDP per capita in France vs Guinea-Bissau by year

France
GDP per capita

GDP per capita, PPP
Guinea-Bissau
GDP per capita

GDP per capita, PPP
1x
Year Current $
France Guinea-Bissau
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $46,103 $62,557 $1,008 $3,119
2023 $44,700 $60,839 $988 $2,990
2022 $40,989 $57,043 $883 $2,789
2021 $43,725 $52,517 $927 $2,523
2020 $39,170 $49,482 $847 $2,340
2019 $40,408 $51,130 $811 $2,247
2018 $41,418 $46,381 $809 $2,058
2017 $38,687 $44,469 $783 $2,082
2016 $37,024 $42,880 $680 $1,824
2015 $36,702 $40,905 $645 $1,730
2014 $43,148 $40,218 $652 $1,456
2013 $42,669 $39,583 $654 $1,416
2012 $40,864 $37,671 $635 $1,402
2011 $43,930 $37,510 $720 $1,472
2010 $40,695 $35,908 $600 $1,370
2009 $41,728 $34,685 $583 $1,315
2008 $45,465 $35,053 $640 $1,309
2007 $41,486 $34,066 $519 $1,260
2006 $36,432 $32,424 $449 $1,226
2005 $34,696 $30,431 $463 $1,187
2004 $33,645 $28,921 $431 $1,105
2003 $29,480 $28,024 $420 $1,089
2002 $24,145 $28,350 $362 $1,095
2001 $22,332 $27,347 $327 $1,064
2000 $22,341 $26,007 $317 $1,014
1999 $24,576 $24,204 $479 $1,001
1998 $24,869 $23,263 $498 $861
1997 $24,169 $22,190 $599 $1,118
1996 $26,758 $21,268 $615 $1,052
1995 $26,792 $20,701 $589 $945
1994 $23,360 $19,892 $561 $909
1993 $22,239 $19,094 $582 $890
1992 $23,615 $18,801 $574 $880
1991 $21,501 $18,198 $672 $877
1990 $21,586 $17,475 $651 $824
1989 $17,547 - $578 -
1988 $17,550 - $454 -
1987 $16,176 - $488 -
1986 $13,430 - $371 -
1985 $9,657 - $417 -
1984 $9,312 - $407 -
1983 $9,862 - $489 -
1982 $10,360 - $503 -
1981 $10,956 - $477 -
1980 $12,565 - $347 -
1979 $11,063 - $376 -
1978 $9,167 - $403 -
1977 $7,459 - $403 -
1976 $6,792 - $421 -
1975 $6,617 - $435 -
1974 $5,261 - $419 -
1973 $4,907 - $392 -
1972 $3,809 - $389 -
1971 $3,137 - $348 -
1970 $2,833 - $350 -
1969 $2,729 - - -
1968 $2,518 - - -
1967 $2,328 - - -
1966 $2,173 - - -
1965 $2,024 - - -
1964 $1,891 - - -
1963 $1,723 - - -
1962 $1,554 - - -
1961 $1,402 - - -
1960 $1,307 - - -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/france/guinea-bissau | CC BY

France's GDP per capita is $46,103, ranking 27/197, compared to $1,008 in Guinea-Bissau, ranking 177/197. Adjusted for purchasing power (GDP per capita PPP), France ranks 30th at $62,557, while Guinea-Bissau ranks 179th at $3,119.

Economic indicators

France Guinea-Bissau
Gross domestic product
$3.16T
2024
$2.22B
2024
GDP rank
7/197
2024
176/197
2024
GDP growth
1.19%
2023-2024
4.15%
2023-2024
GDP per capita
$46,103
2024
$1,008
2024
GDP per capita rank
27/197
2024
177/197
2024
GDP per capita, PPP
$62,557
2024
$3,119
2024
GDP per capita PPP rank
30/197
2024
179/197
2024
Government debt
$3.58T
2024
$1.82B
2024
Debt-to-GDP ratio
113.1%
2024
82.2%
2024
Government debt per person
$52,165
2024
$828
2024
Government debt per person rank
8/185
2024
146/185
2024
Average annual personal income after taxes
$35,669
2026
$1,711
2026
Market capitalization of domestic companies
$2.37T
2018
n/a
Number of millionaires
2,897,000
2025
n/a
Number of billionaires
52
2025
n/a
Income share by richest 10%
25%
2023
26.1%
2021
Income share by poorest 10%
3%
2023
3.4%
2021
Government expenditure, % of GDP
57.2%
2024
20.4%
2024
Consumer prices inflation
2%
2023-2024
3.7%
2023-2024
Unemployment rate
7.44%
2024
2.67%
2022
Population
68788006
2311915

Spending and national debt comparison by year

France
Spending

Debt
Guinea-Bissau
Spending

Debt
1x
Year % of GDP
France Guinea-Bissau
Government spending Government debt Government spending Government debt
2024 57.2% 113.1% 20.4% 82.2%
2023 56.8% 109.6% 21.9% 79.4%
2022 58.4% 111.4% 21.3% 80.7%
2021 59.5% 112.8% 25% 78.8%
2020 61.7% 114.9% 25% 77.6%
2019 55.3% 98.1% 18.8% 65.1%
2018 56.4% 98.5% 19.5% 59.1%
2017 57.7% 98.7% 18.1% 51.8%
2016 57.4% 98.1% 20.5% 59.1%
2015 57.6% 96.9% 21.5% 56.3%
2014 58.4% 96.1% 23% 60.1%
2013 58.6% 94.5% 12.4% 49.6%
2012 57.9% 91.7% 13% 47.4%
2011 57% 88.7% 17.3% 45.6%
2010 57.7% 86.3% 18.5% 61.7%
2009 58% 84.1% 20.6% 148.3%
2008 54.3% 69.8% 21.8% 148.8%
2007 53.6% 65.5% 23.7% 164%
2006 53.7% 65.4% 19.8% 190.4%
2005 54.3% 68.2% 20.2% 203.7%
2004 54% 66.9% 23% 202%
2003 54.4% 65.4% 17% 183.4%
2002 53.9% 61.3% 14.1% 197.5%
2001 52.8% 59.3% 19.1% 204.4%
2000 52.6% 59.7% 23.5% 217.1%
1999 53.7% 61.4% 12.1% 109.9%
1998 54% 62.1% 8.72% 109.1%
1997 55.6% 62% 12.7% 94.3%
1996 56% 60.6% 8.93% 117.3%
1995 56% 57.8% 8.14% 103.3%
1994 55.9% 51.6% 18.4% 105.5%
1993 56.5% 48.2% 13.1% 112.4%
1992 54% 41.7% 10.1% 85.3%
1991 52.7% 37.8% 9.19% 88.9%
1990 51.6% 36.8% - -
1989 48.9% 34% - -
1988 50.1% 33.3% - -
1987 50.7% 33.4% - -
1986 51.3% 31.1% - -
1985 51.9% 30.6% - -
1984 51.2% 29% - -
1983 50.2% 26.6% - -
1982 49.9% 25.3% - -
1981 48.5% 22% - -
1980 46% 20.7% - -
1979 44.9% 21.1% - -
1978 44.7% 21.2% - -
1977 21.4% 15% - -
1976 21.7% 15.1% - -
1975 22% 16.1% - -
1974 19.9% 15.4% - -
1973 19.7% 15.8% - -
1972 19.8% 17.7% - -
1971 20% 20.1% - -
1970 20.5% 21% - -
1969 21.5% 14.4% - -
1968 22.7% 15.8% - -
1967 21.4% 16.1% - -
1966 21.4% 15.3% - -
1965 21.1% 17.6% - -
1964 21% 19.6% - -
1963 22.6% 22.2% - -
1962 21.7% 23.6% - -
1961 21.9% 26.3% - -
1960 22.2% 28.5% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-02-20).

GeoRank.org/economy/france/guinea-bissau | CC BY

In 2024, France's government spending was $1.81T, accounting for 57.2% of its GDP, while Guinea-Bissau spent $452M, or 20.4% of GDP.

Debt-to-GDP ratio is 113.1% in France and 82.2% in Guinea-Bissau, ranking 14/185 and 41/185, respectively.

Government deficit by year

Deficit/surplus
France

Guinea-Bissau
1x
Year Deficit/surplus, % of GDP
France Guinea-Bissau
2024 -5.77% -7.26%
2023 -5.44% -8.15%
2022 -4.74% -6.06%
2021 -6.58% -5.88%
2020 -8.93% -9.64%
2019 -2.39% -3.86%
2018 -2.32% -4.76%
2017 -3.36% -1.32%
2016 -3.76% -5.34%
2015 -3.89% -3.16%
2014 -4.57% -2.44%
2013 -4.94% -1.67%
2012 -5.17% -2.12%
2011 -5.3% -1.35%
2010 -7.16% -0.23%
2009 -7.38% 2.68%
2008 -3.5% -0.73%
2007 -2.99% -8.77%
2006 -2.66% -4.57%
2005 -3.5% -4.96%
2004 -3.55% -5.92%
2003 -4.09% -5.63%
2002 -3.18% -3.7%
2001 -1.42% -1.83%
2000 -1.32% -2.8%
1999 -1.55% -4.06%
1998 -2.39% -5.95%
1997 -3.71% -2.56%
1996 -3.89% 3.48%
1995 -5.11% 2.45%
1994 -5.46% -5.54%
1993 -6.4% -0.34%
1992 -4.64% -0.25%
1991 -2.89% 1.61%
1990 -2.45% -
1989 -1.9% -
1988 -2.7% -
1987 -2.13% -
1986 -3.3% -
1985 -3.08% -
1984 -2.8% -
1983 -2.58% -
1982 -2.91% -
1981 -2.39% -
1980 -0.27% -
1979 -0.36% -
1978 -1.73% -
1977 0.9% -
1976 1.01% -
1975 -0.28% -
1974 3.05% -
1973 1.97% -
1972 1.94% -
1971 -0.13% -
1970 0.02% -
1969 -0.49% -
1968 -2.54% -
1967 -0.8% -
1966 -0.57% -
1965 -0.07% -
1964 -0.25% -
1963 -2.24% -
1962 -1.53% -
1961 -1.36% -
1960 -1.95% -
1959 0.56% -
1958 0.08% -
1957 -1.99% -
1956 -2.62% -
1955 -1.04% -
1954 -0.78% -
1953 -4.79% -
1952 -6.82% -
1951 -4.42% -
1950 -5.56% -
1949 -7.31% -
1948 -9.11% -
1947 -7.6% -
1946 -8.1% -
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 -6.89% -
1936 -4.76% -
1935 -4.22% -
1934 -4.31% -
1933 -4.96% -
1932 -1.86% -
1931 -2.06% -
1930 -1.65% -
1929 1.48% -
1928 1.13% -
1927 -0.04% -
1926 -0.02% -
1925 -0.87% -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 0.05% -
1912 0.23% -
1911 0.31% -
1910 -0.12% -
1909 -0.11% -
1908 -0.15% -
1907 0.23% -
1906 -0.04% -
1905 0.18% -
1904 0.3% -
1903 0.21% -
1902 -0.37% -
1901 -0.39% -
1900 0.21% -
1899 0.21% -
1898 0.29% -
1897 0.01% -
1896 -0.03% -
1895 -0.07% -
1894 -0.08% -
1893 -0.3% -
1892 -0.03% -
1891 0.36% -
1890 0.31% -
1889 0.09% -
1888 0.18% -
1887 -0.07% -
1886 -0.5% -
1885 -0.59% -
1884 -0.35% -
1883 -0.23% -
1882 -0.15% -
1881 0.64% -
1880 0.65% -

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/france/guinea-bissau | CC BY

In 2024, France's government deficit, the difference between spending and revenue, was $182B, equivalent to 5.77% of GDP. This compares to Guinea-Bissau's deficit of $161M, or 7.26% of GDP.

Over the past 34 years, France recorded a fiscal deficit in 34 of those years, while Guinea-Bissau ran a deficit in 30 years. On average, France posted an annual deficit equal to 4.23% of GDP, compared to deficit of 3.25% of GDP for Guinea-Bissau.

Inflation comparison by year

Inflation
France

Guinea-Bissau
1x
Year Consumer prices inflation
France Guinea-Bissau
2024 2% 3.7%
2023 4.88% 7.2%
2022 5.22% 7.9%
2021 1.64% 3.3%
2020 0.48% 1.5%
2019 1.11% 0.3%
2018 1.85% 0.4%
2017 1.03% -0.2%
2016 0.18% 2.7%
2015 0.04% 1.5%
2014 0.51% -1%
2013 0.86% 0.8%
2012 1.95% 2.1%
2011 2.11% 5.1%
2010 1.53% 1.1%
2009 0.09% -1.6%
2008 2.81% 10.4%
2007 1.49% 4.6%
2006 1.68% 2%
2005 1.75% 3.4%
2004 2.14% 0.8%
2003 2.1% -3.5%
2002 1.92% 3.3%
2001 1.63% 3.3%
2000 1.68% 8.6%
1999 0.54% -2.1%
1998 0.65% 8.1%
1997 1.2% 49.1%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/france/guinea-bissau | CC BY

Over the past 28 years, France has recorded an average annual inflation rate of 1.61%, compared with 4.39% in Guinea-Bissau. In 2024, inflation was 2% in France and 3.7% in Guinea-Bissau.

Top exports between countries

France
Export category Export value
Machinery & equipment $2.74M
Chemicals & pharma $695K
Metals $604K
Textiles & consumer goods $583K
Processed food, beverages & tobacco $530K
Miscellaneous $163K
Wood & paper products $50K
Animal & marine products $43K
Raw materials & minerals $15K
Precious metals & jewellery $8K
Guinea-Bissau
Export category Export value

Balance of trade

France Guinea-Bissau
Current account balance
$2.69B
2024
-$160M
2023
Current account balance ranking
42/190
2024
95/190
2023
Current account balance, % of GDP
+0.09%
2024
-7.53%
2023
Goods imports
$733B
2024
$403M
2023
Goods exports
$668B
2024
$240M
2023
Service imports
$341B
2024
$189M
2023
Service exports
$403B
2024
$44.8M
2023
Imports of goods and services, % of GDP
34.2%
2024
27%
2024
Exports of goods and services, % of GDP
33.9%
2024
11.8%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

France Guinea-Bissau
Economic freedom 64.6 43.2
Economic freedom ranking 72/197 181/197
Property rights 91.2 28.4
Government integrity 73.4 21
Judicial effectiveness 84.7 13.2
Tax burden 54.6 89
Government spending 0.9 86.5
Fiscal health 34.8 6.5
Business freedom 78.4 34.6
Labor freedom 59.1 55.9
Monetary freedom 73.2 75.9
Trade freedom 79.4 47
Investment freedom 75 30
Financial freedom 70 30

Economic freedom comparison by year

France
Guinea-Bissau
1x
Year Economic freedom index
France Guinea-Bissau
2026 64.6 43.2
2025 64.4 43.6
2024 62.5 42.7
2023 63.6 44.6
2022 65.9 46
2021 65.7 54.9
2020 66 53.3
2019 63.8 54
2018 63.9 56.9
2017 63.3 56.1
2016 62.3 51.8
2015 62.5 52
2014 63.5 51.3
2013 64.1 51.1
2012 63.2 50.1
2011 64.6 46.5
2010 64.2 43.6
2009 63.3 45.4
2008 64.7 44.4
2007 62.1 46.1
2006 61.1 46.5
2005 60.5 46
2004 60.9 42.6
2003 59.2 43.1
2002 58 42.3
2001 58 42.5
2000 57.4 34.7
1999 59.1 33.5
1998 58.9 -
1997 59.1 -
1996 63.7 -
1995 64.4 -

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/france/guinea-bissau | CC BY

The Economic Freedom Index for France is 64.6, ranking 72/197, compared to 43.2 for Guinea-Bissau, ranking 181/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

France Guinea-Bissau
Services, % of GDP
70.9%
2024
37.9%
2024
Industry, % of GDP
17.2%
2024
15.6%
2024
Agriculture, forestry, and fishing, % of GDP
1.3%
2024
42.2%
2024
GNI, Atlas method
$3.1T
2024
$2.18B
2024
GNI per capita, PPP
$63,880
2024
$3,140
2024
Total reserves including gold
$283B
2024
n/a
Total reserves ranking
13/177
2024
n/a
Net foreign direct investment
-$10.3B
2024
-$24.8M
2023
Net inflows of foreign direct investment
$52.1B
2024
$26.7M
2024
Net outflows of foreign direct investment
$41.7B
2024
$389K
2024
Servicing debt to the IMF, % of GNI n/a
1.75%
2024
Poverty at national poverty lines
15.6%
2021
50.5%
2021
Gross capital formation, % of GDP
21.5%
2024
24.9%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/france/guinea-bissau | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1996, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  6. TradeMap (2023–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. LivingCost (2026, retrieved 2025-10-14)

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The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.