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

Updated on by Georank team

Guinea-Bissau has a GDP of $2.22B compared to $14.9B for Mauritius, ranking 176/197 and 143/197 by economy size, respectively.

Guinea-Bissau has $1.82B in government debt (82.2% of GDP), compared to $13.6B (91.1% of GDP) in Mauritius.

Guinea-Bissau vs Mauritius GDP by year

Guinea-Bissau
Mauritius
1x
Year GDP, current $
Guinea-Bissau Mauritius
2024 $2,218,393,805 $14,937,861,786
2023 $2,127,688,181 $14,072,212,290
2022 $1,859,601,384 $12,936,444,123
2021 $1,908,094,558 $11,622,048,697
2020 $1,705,057,581 $11,566,111,138
2019 $1,596,227,316 $14,645,235,205
2018 $1,554,133,594 $14,957,535,716
2017 $1,469,978,606 $13,896,938,315
2016 $1,245,074,264 $12,757,680,847
2015 $1,152,384,167 $12,162,211,503
2014 $1,135,250,721 $13,230,490,082
2013 $1,109,682,824 $12,434,596,541
2012 $1,049,412,177 $11,832,323,837
2011 $1,157,074,319 $11,677,718,382
2010 $940,112,539 $10,144,716,155
2009 $890,167,833 $9,264,513,545
2008 $952,667,544 $10,127,777,060
2007 $753,162,998 $8,277,442,915
2006 $634,781,901 $7,137,710,413
2005 $639,776,041 $6,576,108,447
2004 $582,169,841 $6,667,418,752
2003 $553,614,800 $5,894,873,920
2002 $466,773,711 $4,906,494,249
2001 $412,610,872 $4,675,755,867
2000 $391,345,597 $4,726,108,622
1999 $579,365,780 $4,402,193,195
1998 $591,034,143 $4,225,813,976
1997 $698,107,222 $4,243,755,308
1996 $702,965,148 $4,481,489,762
1995 $660,195,402 $4,094,741,652
1994 $612,502,085 $3,606,050,873
1993 $615,779,519 $3,307,302,126
1992 $588,309,271 $3,267,677,814
1991 $668,470,891 $2,895,354,736
1990 $634,187,269 $2,689,212,760
1989 $554,072,303 $2,211,312,823
1988 $427,514,322 $2,163,252,449
1987 $451,893,375 $1,906,174,438
1986 $338,524,233 $1,482,601,552
1985 $373,959,151 $1,090,611,325
1984 $359,980,491 $1,054,564,759
1983 $425,225,177 $1,104,956,573
1982 $430,284,022 $1,092,923,636
1981 $402,230,865 $1,157,769,444
1980 $287,648,258 $1,147,027,924
1979 $308,143,183 $1,227,446,632
1978 $318,876,550 $1,029,040,323
1977 $298,871,675 $834,722,972
1976 $292,152,321 $713,510,052
1975 $283,311,997 $673,311,287
1974 $256,769,730 $669,894,030
1973 $232,331,281 $404,285,775
1972 $227,986,203 $318,664,900
1971 $204,167,297 $251,437,338
1970 $204,670,551 $224,125,805
1969 - $221,553,613
1968 - $206,576,631
1967 - $238,439,291
1966 - $227,534,083
1965 - $230,024,161
1964 - $218,914,569
1963 - $253,839,558
1962 - $197,738,208
1961 - $191,757,729
1960 - $162,089,564

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

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

GDP per capita in Guinea-Bissau vs Mauritius by year

Guinea-Bissau
GDP per capita

GDP per capita, PPP
Mauritius
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guinea-Bissau Mauritius
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,008 $3,119 $11,991 $31,840
2023 $988 $2,990 $11,270 $29,561
2022 $883 $2,789 $10,247 $26,874
2021 $927 $2,523 $9,178 $23,010
2020 $847 $2,340 $9,136 $21,622
2019 $811 $2,247 $11,568 $24,375
2018 $809 $2,058 $11,819 $23,416
2017 $783 $2,082 $10,987 $22,898
2016 $680 $1,824 $10,095 $21,952
2015 $645 $1,730 $9,631 $20,270
2014 $652 $1,456 $10,490 $19,294
2013 $654 $1,416 $9,877 $18,435
2012 $635 $1,402 $9,422 $17,259
2011 $720 $1,472 $9,324 $16,884
2010 $600 $1,370 $8,113 $15,920
2009 $583 $1,315 $7,427 $15,105
2008 $640 $1,309 $8,141 $14,569
2007 $519 $1,260 $6,677 $13,612
2006 $449 $1,226 $5,784 $12,593
2005 $463 $1,187 $5,354 $11,703
2004 $431 $1,105 $5,461 $11,216
2003 $420 $1,089 $4,858 $10,535
2002 $362 $1,095 $4,073 $9,824
2001 $327 $1,064 $3,909 $9,586
2000 $317 $1,014 $3,982 $9,143
1999 $479 $1,001 $3,746 $8,344
1998 $498 $861 $3,642 $8,121
1997 $599 $1,118 $3,696 $7,651
1996 $615 $1,052 $3,952 $7,206
1995 $589 $945 $3,648 $6,771
1994 $561 $909 $3,240 $6,414
1993 $582 $890 $3,014 $6,116
1992 $574 $880 $3,013 $5,753
1991 $672 $877 $2,705 $5,351
1990 $651 $824 $2,540 $5,010
1989 $578 - $2,103 -
1988 $454 - $2,074 -
1987 $488 - $1,840 -
1986 $371 - $1,442 -
1985 $417 - $1,069 -
1984 $407 - $1,042 -
1983 $489 - $1,103 -
1982 $503 - $1,101 -
1981 $477 - $1,181 -
1980 $347 - $1,187 -
1979 $376 - $1,292 -
1978 $403 - $1,102 -
1977 $403 - $906 -
1976 $421 - $787 -
1975 $435 - $755 -
1974 $419 - $763 -
1973 $392 - $467 -
1972 $389 - $374 -
1971 $348 - $299.6 -
1970 $350 - $271.3 -
1969 - - $272.7 -
1968 - - $258.7 -
1967 - - $304 -
1966 - - $296 -
1965 - - $305 -
1964 - - $297.3 -
1963 - - $353 -
1962 - - $282.3 -
1961 - - $281.7 -
1960 - - $238.3 -

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

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

Guinea-Bissau's GDP per capita is $1,008, ranking 177/197, compared to $11,991 in Mauritius, ranking 78/197. Adjusted for purchasing power (GDP per capita PPP), Guinea-Bissau ranks 179th at $3,119, while Mauritius ranks 71st at $31,840.

Economic indicators

Guinea-Bissau Mauritius
Gross domestic product
$2.22B
2024
$14.9B
2024
GDP rank
176/197
2024
143/197
2024
GDP growth
4.15%
2023-2024
4.93%
2023-2024
GDP per capita
$1,008
2024
$11,991
2024
GDP per capita rank
177/197
2024
78/197
2024
GDP per capita, PPP
$3,119
2024
$31,840
2024
GDP per capita PPP rank
179/197
2024
71/197
2024
Government debt
$1.82B
2024
$13.6B
2024
Debt-to-GDP ratio
82.2%
2024
91.1%
2024
Government debt per person
$828
2024
$10,929
2024
Government debt per person rank
146/185
2024
54/185
2024
Average annual personal income after taxes
$1,711
2026
$7,203
2026
Market capitalization of domestic companies n/a
$9.12B
2024
Income share by richest 10%
26.1%
2021
29.9%
2017
Income share by poorest 10%
3.4%
2021
2.9%
2017
Government expenditure, % of GDP
20.4%
2024
33.7%
2024
Consumer prices inflation
3.7%
2023-2024
3.6%
2023-2024
Central bank interest rate n/a
4.5%
2025
Unemployment rate
2.67%
2022
5.21%
2024
Population
2311915
1240121

Spending and national debt comparison by year

Guinea-Bissau
Spending

Debt
Mauritius
Spending

Debt
1x
Year % of GDP
Guinea-Bissau Mauritius
Government spending Government debt Government spending Government debt
2024 20.4% 82.2% 33.7% 91.1%
2023 21.9% 79.4% 29.9% 85.6%
2022 21.3% 80.7% 29.4% 86.9%
2021 25% 78.8% 30.8% 93.8%
2020 25% 77.6% 32.6% 93.4%
2019 18.8% 65.1% 27.8% 74.6%
2018 19.5% 59.1% 24.3% 64.1%
2017 18.1% 51.8% 24.3% 63%
2016 20.5% 59.1% 24% 64.3%
2015 21.5% 56.3% 24.5% 65%
2014 23% 60.1% 23% 60.6%
2013 12.4% 49.6% 24.1% 58.2%
2012 13% 47.4% 22.5% 55.9%
2011 17.3% 45.6% 23.7% 56.5%
2010 18.5% 61.7% 24% 56.4%
2009 20.6% 148.3% 25.2% 58.4%
2008 21.8% 148.8% 22.7% 49.4%
2007 23.7% 164% 21.5% 51.6%
2006 19.8% 190.4% 22.2% 59.3%
2005 20.2% 203.7% 23% 61.7%
2004 23% 202% 22.6% 61.1%
2003 17% 183.4% 23.4% 70.8%
2002 14.1% 197.5% 23.3% 66.7%
2001 19.1% 204.4% 22.4% 60.5%
2000 23.5% 217.1% 22.2% 59.7%
1999 12.1% 109.9% 27.5% -
1998 8.72% 109.1% 26.6% -
1997 12.7% 94.3% 27.5% -
1996 8.93% 117.3% 27.4% -
1995 8.14% 103.3% 27.3% -
1994 18.4% 105.5% 27.5% -
1993 13.1% 112.4% 24.5% -
1992 10.1% 85.3% 26.8% -
1991 9.19% 88.9% 27.2% -
1990 - - 30.2% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1991–1996, retrieved 2026-02-20).

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

In 2024, Guinea-Bissau's government spending was $452M, accounting for 20.4% of its GDP, while Mauritius spent $5.03B, or 33.7% of GDP.

Debt-to-GDP ratio is 82.2% in Guinea-Bissau and 91.1% in Mauritius, ranking 41/185 and 30/185, respectively.

Government deficit by year

Deficit/surplus
Guinea-Bissau

Mauritius
1x
Year Deficit/surplus, % of GDP
Guinea-Bissau Mauritius
2024 -7.26% -7.47%
2023 -8.15% -4.7%
2022 -6.06% -3.34%
2021 -5.88% -4.45%
2020 -9.64% -10.6%
2019 -3.86% -7.53%
2018 -4.76% -2.19%
2017 -1.32% -1.66%
2016 -5.34% -2.81%
2015 -3.16% -3.59%
2014 -2.44% -3.13%
2013 -1.67% -3.4%
2012 -2.12% -1.78%
2011 -1.35% -3.09%
2010 -0.23% -3.07%
2009 2.68% -3.41%
2008 -0.73% -2.66%
2007 -8.77% -3.09%
2006 -4.57% -4.14%
2005 -4.96% -4.44%
2004 -5.92% -4.34%
2003 -5.63% -4.82%
2002 -3.7% -5.18%
2001 -1.83% -5.53%
2000 -2.8% -4.4%
1999 -4.06% -
1998 -5.95% -
1997 -2.56% -
1996 3.48% -
1995 2.45% -
1994 -5.54% -
1993 -0.34% -
1992 -0.25% -
1991 1.61% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2024, retrieved 2026-02-20).

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

In 2024, Guinea-Bissau's government deficit, the difference between spending and revenue, was $161M, equivalent to 7.26% of GDP. This compares to Mauritius' deficit of $1.12B, or 7.47% of GDP.

Over the past 25 years, Guinea-Bissau recorded a fiscal deficit in 24 of those years, while Mauritius ran a deficit in 25 years. On average, Guinea-Bissau posted an annual deficit equal to 3.98% of GDP, compared to deficit of 4.19% of GDP for Mauritius.

Inflation comparison by year

Inflation
Guinea-Bissau

Mauritius
1x
Year Consumer prices inflation
Guinea-Bissau Mauritius
2024 3.7% 3.6%
2023 7.2% 7.05%
2022 7.9% 10.8%
2021 3.3% 4.03%
2020 1.5% 2.58%
2019 0.3% 0.41%
2018 0.4% 3.22%
2017 -0.2% 3.67%
2016 2.7% 0.98%
2015 1.5% 1.29%
2014 -1% 3.22%
2013 0.8% 3.54%
2012 2.1% 3.85%
2011 5.1% 6.52%
2010 1.1% 2.93%
2009 -1.6% 2.52%
2008 10.4% 9.73%
2007 4.6% 8.83%
2006 2% 8.91%
2005 3.4% 4.94%
2004 0.8% 4.71%
2003 -3.5% 3.92%
2002 3.3% 6.42%
2001 3.3% 5.39%
2000 8.6% 4.2%
1999 -2.1% 6.91%
1998 8.1% 6.81%
1997 49.1% 6.83%

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/guinea-bissau/mauritius | CC BY

Over the past 28 years, Guinea-Bissau has recorded an average annual inflation rate of 4.39%, compared with 4.92% in Mauritius. In 2024, inflation was 3.7% in Guinea-Bissau and 3.6% in Mauritius.

Top exports between countries

Guinea-Bissau
Export category Export value
Mauritius
Export category Export value
Machinery & equipment $7K

Balance of trade

Guinea-Bissau Mauritius
Current account balance
-$160M
2023
-$1.05B
2024
Current account balance ranking
95/190
2023
126/190
2024
Current account balance, % of GDP
-7.53%
2023
-7.03%
2024
Goods imports
$403M
2023
$6.35B
2024
Goods exports
$240M
2023
$2.37B
2024
Service imports
$189M
2023
$2.28B
2024
Service exports
$44.8M
2023
$4.19B
2024
Imports of goods and services, % of GDP
27%
2024
78.3%
2024
Exports of goods and services, % of GDP
11.8%
2024
67.1%
2024

Economic freedom indices

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

Guinea-Bissau Mauritius
Economic freedom 43.2 73
Economic freedom ranking 181/197 26/197
Property rights 28.4 83.9
Government integrity 21 53.4
Judicial effectiveness 13.2 80.7
Tax burden 89 89.6
Government spending 86.5 73.8
Fiscal health 6.5 45.5
Business freedom 34.6 81.5
Labor freedom 55.9 69.6
Monetary freedom 75.9 70.7
Trade freedom 47 87
Investment freedom 30 70
Financial freedom 30 70

Economic freedom comparison by year

Guinea-Bissau
Mauritius
1x
Year Economic freedom index
Guinea-Bissau Mauritius
2026 43.2 73
2025 43.6 75
2024 42.7 71.5
2023 44.6 70.6
2022 46 70.9
2021 54.9 77
2020 53.3 74.9
2019 54 73
2018 56.9 75.1
2017 56.1 74.7
2016 51.8 74.7
2015 52 76.4
2014 51.3 76.5
2013 51.1 76.9
2012 50.1 77
2011 46.5 76.2
2010 43.6 76.3
2009 45.4 74.3
2008 44.4 72.6
2007 46.1 69.4
2006 46.5 67.4
2005 46 67.2
2004 42.6 64.3
2003 43.1 64.4
2002 42.3 67.7
2001 42.5 66.4
2000 34.7 67.2
1999 33.5 68.5

Data sources: The Heritage Foundation | Economic Freedom Index (1999–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Guinea-Bissau is 43.2, ranking 181/197, compared to 73 for Mauritius, ranking 26/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guinea-Bissau Mauritius
Services, % of GDP
37.9%
2024
64.4%
2024
Industry, % of GDP
15.6%
2024
17.8%
2024
Agriculture, forestry, and fishing, % of GDP
42.2%
2024
4.23%
2024
GNI, Atlas method
$2.18B
2024
$16.2B
2024
GNI per capita, PPP
$3,140
2024
$35,100
2024
Total reserves including gold n/a
$8.51B
2024
Total reserves ranking n/a
83/177
2024
Net foreign direct investment
-$24.8M
2023
$963M
2024
Net inflows of foreign direct investment
$26.7M
2024
$681M
2024
Net outflows of foreign direct investment
$389K
2024
$38.3M
2024
Servicing debt to the IMF, % of GNI
1.75%
2024
10.1%
2024
Poverty at national poverty lines
50.5%
2021
8.4%
2023
Gross capital formation, % of GDP
24.9%
2024
21.2%
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/guinea-bissau/mauritius | 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. The Heritage Foundation | Economic Freedom Index (1999–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1991–1996, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. TradeMap (2021, retrieved 2026-02-08)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

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.