Skip to content

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

Updated on by Georank team

Guinea-Bissau has a GDP of $2.22B compared to $49.7B for Sudan, ranking 176/197 and 94/197 by economy size, respectively.

Guinea-Bissau has $1.82B in government debt (82.2% of GDP), compared to $130B (261.4% of GDP) in Sudan.

Guinea-Bissau vs Sudan GDP by year

Guinea-Bissau
Sudan
1x
Year GDP, current $
Guinea-Bissau Sudan
2024 $2,218,393,805 $49,672,435,513
2023 $2,127,688,181 $39,898,289,821
2022 $1,859,601,384 $51,666,875,363
2021 $1,908,094,558 $34,229,513,775
2020 $1,705,057,581 $27,034,593,750
2019 $1,596,227,316 $32,338,079,165
2018 $1,554,133,594 $32,333,780,383
2017 $1,469,978,606 $41,283,617,976
2016 $1,245,074,264 $42,630,376,000
2015 $1,152,384,167 $51,726,758,677
2014 $1,135,250,721 $49,516,748,618
2013 $1,109,682,824 $43,024,018,082
2012 $1,049,412,177 $37,632,919,967
2011 $1,157,074,319 $55,018,567,211
2010 $940,112,539 $58,962,978,034
2009 $890,167,833 $51,621,044,077
2008 $952,667,544 $64,833,083,257
2007 $753,162,998 $59,440,139,775
2006 $634,781,901 $45,263,831,634
2005 $639,776,041 $35,182,711,988
2004 $582,169,841 $26,646,007,251
2003 $553,614,800 $21,355,298,460
2002 $466,773,711 $18,137,128,388
2001 $412,610,872 $15,716,361,792
2000 $391,345,597 $12,257,299,147
1999 $579,365,780 $10,682,028,340
1998 $591,034,143 $11,250,221,537
1997 $698,107,222 $11,681,175,864
1996 $702,965,148 $9,018,300,725
1995 $660,195,402 $13,830,363,900
1994 $612,502,085 $12,793,794,737
1993 $615,779,519 $8,881,005,436
1992 $588,309,271 $7,031,933,492
1991 $668,470,891 $44,171,194,366
1990 $634,187,269 $33,641,222,222
1989 $554,072,303 $21,408,111,111
1988 $427,514,322 $14,372,555,556
1987 $451,893,375 $12,093,333,333
1986 $338,524,233 $10,092,200,000
1985 $373,959,151 $8,075,259,600
1984 $359,980,491 $10,447,615,385
1983 $425,225,177 $8,230,153,846
1982 $430,284,022 $8,732,542,274
1981 $402,230,865 $10,753,888,154
1980 $287,648,258 $8,951,800,000
1979 $308,143,183 $8,418,407,787
1978 $318,876,550 $8,128,719,315
1977 $298,871,675 $7,499,005,639
1976 $292,152,321 $6,013,210,816
1975 $283,311,997 $4,823,090,192
1974 $256,769,730 $3,958,931,660
1973 $232,331,281 $3,077,254,460
1972 $227,986,203 $2,483,055,722
1971 $204,167,297 $2,288,340,041
1970 $204,670,551 $2,100,229,759
1969 - $1,847,501,441
1968 - $1,677,771,401
1967 - $1,607,409,539
1966 - $1,484,491,676
1965 - $1,446,869,619
1964 - $1,388,282,600
1963 - $1,351,234,926
1962 - $1,328,259,625
1961 - $1,222,860,429
1960 - $1,126,364,162

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

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

GDP per capita in Guinea-Bissau vs Sudan by year

Guinea-Bissau
GDP per capita

GDP per capita, PPP
Sudan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guinea-Bissau Sudan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $1,008 $3,119 $985 $2,116
2023 $988 $2,990 $797 $2,421
2022 $883 $2,789 $1,046 $3,355
2021 $927 $2,523 $712 $3,249
2020 $847 $2,340 $578 $3,349
2019 $811 $2,247 $710 $3,914
2018 $809 $2,058 $731 $4,199
2017 $783 $2,082 $967 $4,252
2016 $680 $1,824 $1,033 $4,470
2015 $645 $1,730 $1,292 $4,217
2014 $652 $1,456 $1,275 $4,261
2013 $654 $1,416 $1,139 $3,725
2012 $635 $1,402 $1,019 $3,710
2011 $720 $1,472 $1,522 $4,112
2010 $600 $1,370 $1,665 $3,806
2009 $583 $1,315 $1,493 $3,732
2008 $640 $1,309 $1,928 $3,938
2007 $519 $1,260 $1,814 $3,836
2006 $449 $1,226 $1,415 $3,637
2005 $463 $1,187 $1,125 $3,407
2004 $431 $1,105 $872 $3,215
2003 $420 $1,089 $714 $3,058
2002 $362 $1,095 $621 $2,898
2001 $327 $1,064 $551 $2,769
2000 $317 $1,014 $441 $2,616
1999 $479 $1,001 $394 $2,475
1998 $498 $861 $425 $2,428
1997 $599 $1,118 $453 $2,358
1996 $615 $1,052 $357 $2,006
1995 $589 $945 $561 $1,902
1994 $561 $909 $532 $1,805
1993 $582 $890 $379 $1,794
1992 $574 $880 $307 $1,710
1991 $672 $877 $1,966 $1,599
1990 $651 $824 $1,528 $1,468
1989 $578 - $992 -
1988 $454 - $680 -
1987 $488 - $584 -
1986 $371 - $497 -
1985 $417 - $406 -
1984 $407 - $534 -
1983 $489 - $431 -
1982 $503 - $472 -
1981 $477 - $605 -
1980 $347 - $525 -
1979 $376 - $515 -
1978 $403 - $518 -
1977 $403 - $497 -
1976 $421 - $413 -
1975 $435 - $343 -
1974 $419 - $291.5 -
1973 $392 - $235.8 -
1972 $389 - $198.2 -
1971 $348 - $189 -
1970 $350 - $179.6 -
1969 - - $163.5 -
1968 - - $153.7 -
1967 - - $152.4 -
1966 - - $145.6 -
1965 - - $146.8 -
1964 - - $145.7 -
1963 - - $146.6 -
1962 - - $148.9 -
1961 - - $141.6 -
1960 - - $134.7 -

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

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

Guinea-Bissau's GDP per capita is $1,008, ranking 177/197, compared to $985 in Sudan, ranking 179/197. Adjusted for purchasing power (GDP per capita PPP), Guinea-Bissau ranks 179th at $3,119, while Sudan ranks 185th at $2,116.

Economic indicators

Guinea-Bissau Sudan
Gross domestic product
$2.22B
2024
$49.7B
2024
GDP rank
176/197
2024
94/197
2024
GDP growth
4.15%
2023-2024
-14%
2023-2024
GDP per capita
$1,008
2024
$985
2024
GDP per capita rank
177/197
2024
179/197
2024
GDP per capita, PPP
$3,119
2024
$2,116
2024
GDP per capita PPP rank
179/197
2024
185/197
2024
Government debt
$1.82B
2024
$130B
2024
Debt-to-GDP ratio
82.2%
2024
261.4%
2024
Government debt per person
$828
2024
$2,574
2024
Government debt per person rank
146/185
2024
109/185
2024
Average annual personal income after taxes
$1,711
2026
$1,704
2026
Income share by richest 10%
26.1%
2021
27.8%
2014
Income share by poorest 10%
3.4%
2021
3.2%
2014
Government expenditure, % of GDP
20.4%
2024
6.39%
2024
Consumer prices inflation
3.7%
2023-2024
138.8%
2021-2022
Unemployment rate
2.67%
2022
7.53%
2022
Population
2311915
53335233

Spending and national debt comparison by year

Guinea-Bissau
Spending

Debt
Sudan
Spending

Debt
1x
Year % of GDP
Guinea-Bissau Sudan
Government spending Government debt Government spending Government debt
2024 20.4% 82.2% 6.39% 261.4%
2023 21.9% 79.4% 8.23% 259.9%
2022 21.3% 80.7% 17.9% 186.9%
2021 25% 78.8% 9.84% 189.6%
2020 25% 77.6% 10.9% 278.3%
2019 18.8% 65.1% 18.7% 216.5%
2018 19.5% 59.1% 16.8% 209.8%
2017 18.1% 51.8% 12.8% 149.5%
2016 20.5% 59.1% 9.98% 109.9%
2015 21.5% 56.3% 12.4% 93.2%
2014 23% 60.1% 13.5% 84.4%
2013 12.4% 49.6% 15.3% 105.8%
2012 13% 47.4% 16.5% 117.7%
2011 17.3% 45.6% 18.2% 78.1%
2010 18.5% 61.7% 17.4% 74.6%
2009 20.6% 148.3% 18.8% 71%
2008 21.8% 148.8% 19.7% 55.8%
2007 23.7% 164% 19.6% 53.7%
2006 19.8% 190.4% 18.8% 63.7%
2005 20.2% 203.7% 19.7% 75.5%
2004 23% 202% 16.5% 97.8%
2003 17% 183.4% 12.5% 117.4%
2002 14.1% 197.5% 10.5% 121.7%
2001 19.1% 204.4% 9.87% 125.6%
2000 23.5% 217.1% 10.4% 143.2%
1999 12.1% 109.9% 8.4% 160.5%
1998 8.72% 109.1% 7.79% 179.7%
1997 12.7% 94.3% 7.38% 167.7%
1996 8.93% 117.3% 9.31% 220.9%
1995 8.14% 103.3% 12.9% 239%
1994 18.4% 105.5% 19.6% 386%
1993 13.1% 112.4% 23.7% 285.9%
1992 10.1% 85.3% 50.4% 495%
1991 9.19% 88.9% 45.7% -
1990 - - 31% -

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/sudan | CC BY

In 2024, Guinea-Bissau's government spending was $452M, accounting for 20.4% of its GDP, while Sudan spent $3.17B, or 6.39% of GDP.

Debt-to-GDP ratio is 82.2% in Guinea-Bissau and 261.4% in Sudan, ranking 41/185 and 1/185, respectively.

Government deficit by year

Deficit/surplus
Guinea-Bissau

Sudan
1x
Year Deficit/surplus, % of GDP
Guinea-Bissau Sudan
2024 -7.26% -3.46%
2023 -8.15% -3.7%
2022 -6.06% -2.15%
2021 -5.88% -0.29%
2020 -9.64% -6.03%
2019 -3.86% -10.8%
2018 -4.76% -7.92%
2017 -1.32% -6.07%
2016 -5.34% -3.92%
2015 -3.16% -3.87%
2014 -2.44% -4.72%
2013 -1.67% -5.76%
2012 -2.12% -7.37%
2011 -1.35% -2.33%
2010 -0.23% 0.11%
2009 2.68% -3.8%
2008 -0.73% 0.49%
2007 -8.77% -2.84%
2006 -4.57% -1.32%
2005 -4.96% -1.88%
2004 -5.92% 0.16%
2003 -5.63% 0.77%
2002 -3.7% -0.69%
2001 -1.83% -0.77%
2000 -2.8% -0.7%
1999 -4.06% -0.8%
1998 -5.95% -0.56%
1997 -2.56% -0.59%
1996 3.48% -2.61%
1995 2.45% -3.48%
1994 -5.54% -3.03%
1993 -0.34% -8.04%
1992 -0.25% -24.5%
1991 1.61% -26.5%
1990 - -16.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20).

GeoRank.org/economy/guinea-bissau/sudan | 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 Sudan's deficit of $1.72B, or 3.46% of GDP.

Over the past 34 years, Guinea-Bissau recorded a fiscal deficit in 30 of those years, while Sudan ran a deficit in 30 years. On average, Guinea-Bissau posted an annual deficit equal to 3.25% of GDP, compared to deficit of 4.38% of GDP for Sudan.

Inflation comparison by year

Inflation
Guinea-Bissau

Sudan
1x
Year Consumer prices inflation
Guinea-Bissau Sudan
2024 3.7% -
2023 7.2% -
2022 7.9% 138.8%
2021 3.3% 359%
2020 1.5% 163.3%
2019 0.3% 51%
2018 0.4% 63.3%
2017 -0.2% 32.4%
2016 2.7% 17.8%
2015 1.5% 16.9%
2014 -1% 36.9%
2013 0.8% 36.5%
2012 2.1% 35.6%
2011 5.1% 18.1%
2010 1.1% 13%
2009 -1.6% 11.3%
2008 10.4% 14.3%
2007 4.6% 14.8%
2006 2% 7.2%
2005 3.4% 8.51%
2004 0.8% 9.66%
2003 -3.5% 6.49%
2002 3.3% 22.2%
2001 3.3% 1.94%
2000 8.6% 7.12%
1999 -2.1% 17.2%
1998 8.1% 24.6%
1997 49.1% 47.2%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2022, retrieved 2026-04-06).

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

Over the past 26 years, Guinea-Bissau has recorded an average annual inflation rate of 4.3%, compared with 45.2% in Sudan. In 2022, inflation was 3.7% in Guinea-Bissau and 138.8% in Sudan.

Balance of trade

Guinea-Bissau Sudan
Current account balance
-$160M
2023
-$4.44B
2022
Current account balance ranking
95/190
2023
165/190
2022
Current account balance, % of GDP
-7.53%
2023
-8.6%
2022
Goods imports
$403M
2023
$9.99B
2022
Goods exports
$240M
2023
$4.36B
2022
Service imports
$189M
2023
$1.59B
2022
Service exports
$44.8M
2023
$1.55B
2022
Imports of goods and services, % of GDP
27%
2024
1.27%
2024
Exports of goods and services, % of GDP
11.8%
2024
0.72%
2024

Economic freedom indices

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

Guinea-Bissau Sudan
Economic freedom 43.2 32.5
Economic freedom ranking 181/197 191/197
Property rights 28.4 6.5
Government integrity 21 13.8
Judicial effectiveness 13.2 2.4
Tax burden 89 84.7
Government spending 86.5 96.5
Fiscal health 6.5 64.6
Business freedom 34.6 27.3
Labor freedom 55.9 33.6
Monetary freedom 75.9 6.2
Trade freedom 47 29.6
Investment freedom 30 5
Financial freedom 30 20

Economic freedom comparison by year

Guinea-Bissau
Sudan
1x
Year Economic freedom index
Guinea-Bissau Sudan
2026 43.2 32.5
2025 43.6 35.3
2024 42.7 33.9
2023 44.6 32.8
2022 46 32
2021 54.9 39.1
2020 53.3 45
2019 54 47.7
2018 56.9 49.4
2017 56.1 48.8
2016 51.8 -
2015 52 -
2014 51.3 -
2013 51.1 -
2012 50.1 -
2011 46.5 -
2010 43.6 -
2009 45.4 -
2008 44.4 -
2007 46.1 -
2006 46.5 -
2005 46 -
2004 42.6 -
2003 43.1 -
2002 42.3 -
2001 42.5 -
2000 34.7 47.2
1999 33.5 39.6
1998 - 38.3
1997 - 39.9
1996 - 39.2
1995 - 39.4

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

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

The Economic Freedom Index for Guinea-Bissau is 43.2, ranking 181/197, compared to 32.5 for Sudan, ranking 191/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guinea-Bissau Sudan
Services, % of GDP
37.9%
2024
54.7%
2024
Industry, % of GDP
15.6%
2024
23.2%
2024
Agriculture, forestry, and fishing, % of GDP
42.2%
2024
22.2%
2024
GNI, Atlas method
$2.18B
2024
$35.8B
2024
GNI per capita, PPP
$3,140
2024
$2,050
2024
Total reserves including gold n/a
$178M
2017
Total reserves ranking n/a
171/177
2017
Net foreign direct investment
-$24.8M
2023
-$574M
2022
Net inflows of foreign direct investment
$26.7M
2024
$548M
2023
Net outflows of foreign direct investment
$389K
2024
$0
2024
Servicing debt to the IMF, % of GNI
1.75%
2024
0.42%
2024
Poverty at national poverty lines
50.5%
2021
46.5%
2020
Gross capital formation, % of GDP
24.9%
2024
2.89%
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/sudan | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

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 (1995–2026, 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. Central Intelligence Agency (CIA) (2020, retrieved 2026-02-20)

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.