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

Updated on by Georank

Guinea-Bissau has a GDP of $2.53B compared to $79.6B for Slovenia, ranking 176/197 and 86/197 by economy size, respectively.

Guinea-Bissau has $1.9B in government debt (75.3% of GDP), compared to $52.5B (65.9% of GDP) in Slovenia.

Guinea-Bissau vs Slovenia GDP by year

Guinea-Bissau
Slovenia
1x
Year GDP, current $
Guinea-Bissau Slovenia
2025 $2,527,930,273 $79,648,204,979
2024 $2,197,777,210 $72,972,015,197
2023 $2,076,748,678 $69,255,264,238
2022 $1,856,239,955 $59,899,117,741
2021 $1,907,611,288 $61,540,813,362
2020 $1,705,062,170 $53,384,760,135
2019 $1,596,214,680 $53,909,922,736
2018 $1,554,133,594 $53,689,067,640
2017 $1,469,978,606 $48,153,200,135
2016 $1,245,074,264 $44,290,685,824
2015 $1,152,384,167 $42,709,468,275
2014 $1,135,250,721 $49,514,466,380
2013 $1,109,682,824 $47,867,056,859
2012 $1,049,412,177 $46,167,053,954
2011 $1,157,074,319 $51,199,194,599
2010 $940,112,539 $47,793,117,241
2009 $890,167,833 $49,975,540,955
2008 $952,667,544 $55,509,332,322
2007 $753,162,998 $47,880,266,543
2006 $634,781,901 $39,260,368,837
2005 $639,776,041 $35,947,936,824
2004 $582,169,841 $34,156,553,313
2003 $553,614,800 $29,360,575,032
2002 $466,773,711 $23,214,593,516
2001 $412,610,872 $20,668,868,707
2000 $391,345,597 $20,159,190,702
1999 $579,365,780 $22,609,669,084
1998 $591,034,143 $22,058,635,314
1997 $698,107,222 $20,726,878,752
1996 $702,965,148 $21,470,699,363
1995 $660,195,402 $21,367,422,159
1994 $612,502,085 $16,400,767,070
1993 $615,779,519 $14,449,298,372
1992 $588,309,271 $14,277,261,541
1991 $668,470,891 $14,454,495,059
1990 $634,187,269 $19,832,029,087
1989 $554,072,303 -
1988 $427,514,322 -
1987 $451,893,375 -
1986 $338,524,233 -
1985 $373,959,151 -
1984 $359,980,491 -
1983 $425,225,177 -
1982 $430,284,022 -
1981 $402,230,865 -
1980 $287,648,258 -
1979 $308,143,183 -
1978 $318,876,550 -
1977 $298,871,675 -
1976 $292,152,321 -
1975 $283,311,997 -
1974 $256,769,730 -
1973 $232,331,281 -
1972 $227,986,203 -
1971 $204,167,297 -
1970 $204,670,551 -

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

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

GDP per capita in Guinea-Bissau vs Slovenia by year

Guinea-Bissau
GDP per capita

GDP per capita, PPP
Slovenia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guinea-Bissau Slovenia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,124 - $37,376 -
2024 $998 $3,119 $34,301 $57,186
2023 $964 $2,990 $32,660 $56,064
2022 $882 $2,789 $28,360 $52,347
2021 $927 $2,523 $29,193 $45,914
2020 $847 $2,340 $25,392 $41,767
2019 $811 $2,247 $25,814 $42,373
2018 $809 $2,058 $25,888 $38,620
2017 $783 $2,082 $23,303 $36,180
2016 $680 $1,824 $21,448 $33,575
2015 $645 $1,730 $20,697 $31,336
2014 $652 $1,456 $24,013 $30,572
2013 $654 $1,416 $23,237 $29,634
2012 $635 $1,402 $22,442 $28,787
2011 $720 $1,472 $24,941 $28,716
2010 $600 $1,370 $23,330 $27,579
2009 $583 $1,315 $24,502 $27,229
2008 $640 $1,309 $27,462 $29,461
2007 $519 $1,260 $23,725 $27,468
2006 $449 $1,226 $19,563 $25,571
2005 $463 $1,187 $17,970 $23,682
2004 $431 $1,105 $17,104 $22,588
2003 $420 $1,089 $14,712 $20,916
2002 $362 $1,095 $11,639 $20,004
2001 $327 $1,064 $10,376 $18,763
2000 $317 $1,014 $10,136 $17,892
1999 $479 $1,001 $11,401 $17,007
1998 $498 $861 $11,132 $15,994
1997 $599 $1,118 $10,437 $15,257
1996 $615 $1,052 $10,797 $14,284
1995 $589 $945 $10,738 $13,637
1994 $561 $909 $8,244 $13,975
1993 $582 $890 $7,255 $12,976
1992 $574 $880 $7,151 $12,296
1991 $672 $877 $7,229 $12,698
1990 $651 $824 $9,925 $13,491
1989 $578 - - -
1988 $454 - - -
1987 $488 - - -
1986 $371 - - -
1985 $417 - - -
1984 $407 - - -
1983 $489 - - -
1982 $503 - - -
1981 $477 - - -
1980 $347 - - -
1979 $376 - - -
1978 $403 - - -
1977 $403 - - -
1976 $421 - - -
1975 $435 - - -
1974 $419 - - -
1973 $392 - - -
1972 $389 - - -
1971 $348 - - -
1970 $350 - - -

Data sources: World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08).

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

Guinea-Bissau's GDP per capita is $1,124, ranking 177/197, compared to $37,376 in Slovenia, ranking 32/197. Adjusted for purchasing power (GDP per capita PPP), Guinea-Bissau ranks 179th at $3,119, while Slovenia ranks 37th at $57,186.

Economic indicators

Guinea-Bissau Slovenia
Gross domestic product
$2.53B
2025
$79.6B
2025
GDP rank
176/197
2025
86/197
2025
GDP growth
5.82%
2024-2025
1.06%
2024-2025
GDP per capita
$1,124
2025
$37,376
2025
GDP per capita rank
177/197
2025
32/197
2025
GDP per capita, PPP
$3,119
2024
$57,186
2024
GDP per capita PPP rank
179/197
2024
37/197
2024
Government debt
$1.9B
2025
$52.5B
2025
Debt-to-GDP ratio
75.3%
2025
65.9%
2025
Government debt per person
$846
2025
$24,627
2025
Government debt per person rank
149/185
2025
29/185
2025
Average annual personal income after taxes
$1,483
2026
$22,481
2026
Market capitalization of domestic companies n/a
$20.7B
2025
Income share by richest 10%
26.1%
2021
20.6%
2023
Income share by poorest 10%
3.4%
2021
4.1%
2023
Government expenditure, % of GDP
19.9%
2025
48.5%
2025
Consumer prices inflation
0.9%
2024-2025
2.37%
2024-2025
Unemployment rate
2.67%
2022
3.9%
2025
Population
2323460
2128778

Spending and national debt comparison by year

Guinea-Bissau
Spending

Debt
Slovenia
Spending

Debt
1x
Year % of GDP
Guinea-Bissau Slovenia
Government spending Government debt Government spending Government debt
2025 19.9% 75.3% 48.5% 65.9%
2024 20.4% 82.4% 46.5% 66.6%
2023 21.9% 79.4% 46.5% 68.3%
2022 21.3% 80.7% 47.7% 72.8%
2021 25% 78.8% 49.9% 74.8%
2020 25% 77.6% 51.8% 80.2%
2019 18.8% 65.1% 43.8% 66%
2018 19.5% 59.1% 44.1% 71%
2017 18.1% 51.8% 44.6% 74.9%
2016 20.5% 59.1% 46.9% 79.4%
2015 21.5% 56.3% 49.5% 83.4%
2014 23% 60.1% 50.6% 81.1%
2013 12.4% 49.6% 57.7% 70.8%
2012 13% 47.4% 50% 54.1%
2011 17.3% 45.6% 51.4% 46.8%
2010 18.5% 61.7% 50.7% 38.6%
2009 20.6% 148.3% 50% 34.9%
2008 21.8% 148.8% 45.2% 21.9%
2007 23.7% 164% 43.5% 22.9%
2006 19.8% 190.4% 45.7% 26.2%
2005 20.2% 203.7% 46.7% 26.6%
2004 23% 202% 46.9% 27.1%
2003 17% 183.4% 47.6% 27%
2002 14.1% 197.5% 47.8% 27.7%
2001 19.1% 204.4% 49.2% 26.3%
2000 23.5% 217.1% 47.8% 26.1%
1999 12.1% 109.9% 47.2% 23.8%
1998 8.72% 109.1% 46.4% 22.8%
1997 12.7% 94.3% 45.4% 22.1%
1996 8.93% 117.3% 45.2% 21.6%
1995 8.14% 103.3% 53% 18.2%
1994 18.4% 105.5% - -
1993 13.1% 112.4% - -
1992 10.1% 85.3% - -
1991 9.19% 88.9% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1991–1996, retrieved 2026-07-08).

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

In 2025, Guinea-Bissau's government spending was $502M, accounting for 19.9% of its GDP, while Slovenia spent $38.6B, or 48.5% of GDP.

Debt-to-GDP ratio is 75.3% in Guinea-Bissau and 65.9% in Slovenia, ranking 49/185 and 65/185, respectively.

Government deficit by year

Deficit/surplus
Guinea-Bissau

Slovenia
1x
Year Deficit/surplus, % of GDP
Guinea-Bissau Slovenia
2025 -6.69% -2.35%
2024 -7.26% -0.94%
2023 -8.15% -2.58%
2022 -6.06% -3.01%
2021 -5.88% -4.61%
2020 -9.64% -7.68%
2019 -3.86% 0.68%
2018 -4.76% 0.9%
2017 -1.32% 0.05%
2016 -5.34% -2%
2015 -3.16% -2.84%
2014 -2.44% -4.53%
2013 -1.67% -11.2%
2012 -2.12% -4.2%
2011 -1.35% -6.69%
2010 -0.23% -5.56%
2009 2.68% -5.87%
2008 -0.73% -1.44%
2007 -8.77% -0.08%
2006 -4.57% -1.26%
2005 -4.96% -1.38%
2004 -5.92% -1.98%
2003 -5.63% -2.66%
2002 -3.7% -2.47%
2001 -1.83% -4.58%
2000 -2.8% -3.77%
1999 -4.06% -3.04%
1998 -5.95% -2.39%
1997 -2.56% -2.37%
1996 3.48% -1.16%
1995 2.45% -8.19%
1994 -5.54% -
1993 -0.34% -
1992 -0.25% -
1991 1.61% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08).

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

In 2025, Guinea-Bissau's government deficit, the difference between spending and revenue, was $169M, equivalent to 6.69% of GDP. This compares to Slovenia's deficit of $1.87B, or 2.35% of GDP.

Over the past 31 years, Guinea-Bissau recorded a fiscal deficit in 28 of those years, while Slovenia ran a deficit in 28 years. On average, Guinea-Bissau posted an annual deficit equal to 3.64% of GDP, compared to deficit of 3.2% of GDP for Slovenia.

Inflation comparison by year

Inflation
Guinea-Bissau

Slovenia
1x
Year Consumer prices inflation
Guinea-Bissau Slovenia
2025 0.9% 2.37%
2024 3.7% 1.97%
2023 7.2% 7.45%
2022 7.9% 8.83%
2021 3.3% 1.92%
2020 1.5% -0.05%
2019 0.3% 1.63%
2018 0.4% 1.74%
2017 -0.2% 1.43%
2016 2.7% -0.05%
2015 1.5% -0.53%
2014 -1% 0.2%
2013 0.8% 1.77%
2012 2.1% 2.6%
2011 5.1% 1.8%
2010 1.1% 1.8%
2009 -1.6% 0.84%
2008 10.4% 5.65%
2007 4.6% 3.66%
2006 2% 2.46%
2005 3.4% 2.45%
2004 0.8% 3.59%
2003 -3.5% 5.54%
2002 3.3% 7.48%
2001 3.3% 8.38%
2000 8.6% 8.91%
1999 -2.1% 6.16%
1998 8.1% 7.89%
1997 49.1% 8.36%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Guinea-Bissau has recorded an average annual inflation rate of 4.27%, compared with 3.66% in Slovenia. In 2025, inflation was 0.9% in Guinea-Bissau and 2.37% in Slovenia.

Top exports between countries

Guinea-Bissau
Export category Export value
Slovenia
Export category Export value
Wood & paper products $361K
Machinery & equipment $94K
Textiles & consumer goods $15K
Metals $3K
Chemicals & pharma $2K
Miscellaneous $1K

Balance of trade

Guinea-Bissau Slovenia
Current account balance
-$162M
2024
$2.83B
2025
Current account balance ranking
87/190
2024
39/190
2025
Current account balance, % of GDP
-7.36%
2024
+3.55%
2025
Goods imports
$414M
2024
$47.9B
2025
Goods exports
$229M
2024
$47.7B
2025
Service imports
$198M
2024
$10.8B
2025
Service exports
$51M
2024
$15.3B
2025
Imports of goods and services, % of GDP
27%
2025
73.3%
2025
Exports of goods and services, % of GDP
13.9%
2025
78.6%
2025

Economic freedom indices

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

Guinea-Bissau Slovenia
Economic freedom 43.2 69.7
Economic freedom ranking 181/197 40/197
Property rights 28.4 87.6
Government integrity 21 66.1
Judicial effectiveness 13.2 91.6
Tax burden 89 55.5
Government spending 86.5 34.1
Fiscal health 6.5 83.5
Business freedom 34.6 78.7
Labor freedom 55.9 62.7
Monetary freedom 75.9 77.5
Trade freedom 47 79.4
Investment freedom 30 70
Financial freedom 30 50

Economic freedom comparison by year

Guinea-Bissau
Slovenia
1x
Year Economic freedom index
Guinea-Bissau Slovenia
2026 43.2 69.7
2025 43.6 68.3
2024 42.7 65.9
2023 44.6 68.5
2022 46 70.5
2021 54.9 68.3
2020 53.3 67.8
2019 54 65.5
2018 56.9 64.8
2017 56.1 59.2
2016 51.8 60.6
2015 52 60.3
2014 51.3 62.7
2013 51.1 61.7
2012 50.1 62.9
2011 46.5 64.6
2010 43.6 64.7
2009 45.4 62.9
2008 44.4 60.2
2007 46.1 59.6
2006 46.5 61.9
2005 46 59.6
2004 42.6 59.2
2003 43.1 57.7
2002 42.3 57.8
2001 42.5 61.8
2000 34.7 58.3
1999 33.5 61.3
1998 - 60.7
1997 - 55.6
1996 - 50.4

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Guinea-Bissau is 43.2, ranking 181/197, compared to 69.7 for Slovenia, ranking 40/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guinea-Bissau Slovenia
Services, % of GDP
39.1%
2025
58.6%
2025
Industry, % of GDP
15.7%
2025
28.3%
2025
Agriculture, forestry, and fishing, % of GDP
40.6%
2025
1.63%
2025
GNI, Atlas method
$2.45B
2025
$75.7B
2025
GNI per capita, PPP
$3,320
2025
$58,880
2025
Total reserves including gold n/a
$3.55B
2025
Total reserves ranking n/a
115/177
2025
Net foreign direct investment
-$26.3M
2024
-$738M
2025
Net inflows of foreign direct investment
$26.7M
2024
$1.87B
2024
Net outflows of foreign direct investment
$389K
2024
$1.46B
2024
Servicing debt to the IMF, % of GNI
1.77%
2024
n/a
Poverty at national poverty lines
50.5%
2021
12.7%
2022
Gross capital formation, % of GDP
25.8%
2025
22%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1970–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1991–1996, retrieved 2026-07-08)
  6. TradeMap (2021–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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.