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

Updated on by Georank

Guinea-Bissau has a GDP of $2.53B compared to $1.04T for Switzerland, ranking 176/197 and 20/197 by economy size, respectively.

Guinea-Bissau has $1.9B in government debt (75.3% of GDP), compared to $411B (39.4% of GDP) in Switzerland.

Guinea-Bissau vs Switzerland GDP by year

Guinea-Bissau
Switzerland
1x
Year GDP, current $
Guinea-Bissau Switzerland
2025 $2,527,930,273 $1,043,529,899,251
2024 $2,197,777,210 $969,919,786,395
2023 $2,076,748,678 $928,435,275,852
2022 $1,856,239,955 $858,479,038,994
2021 $1,907,611,288 $840,710,023,481
2020 $1,705,062,170 $756,096,180,222
2019 $1,596,214,680 $736,384,764,157
2018 $1,554,133,594 $740,766,531,454
2017 $1,469,978,606 $706,660,443,624
2016 $1,245,074,264 $698,607,778,795
2015 $1,152,384,167 $706,199,008,879
2014 $1,135,250,721 $741,168,119,617
2013 $1,109,682,824 $718,748,402,260
2012 $1,049,412,177 $697,882,536,677
2011 $1,157,074,319 $727,231,637,102
2010 $940,112,539 $609,999,593,542
2009 $890,167,833 $563,659,557,945
2008 $952,667,544 $574,703,945,157
2007 $753,162,998 $498,993,845,385
2006 $634,781,901 $448,364,681,767
2005 $639,776,041 $424,511,048,024
2004 $582,169,841 $409,012,909,530
2003 $553,614,800 $366,563,952,625
2002 $466,773,711 $313,930,961,761
2001 $412,610,872 $290,160,142,214
2000 $391,345,597 $282,327,351,966
1999 $579,365,780 $301,911,268,140
1998 $591,034,143 $306,907,741,068
1997 $698,107,222 $298,868,250,534
1996 $702,965,148 $345,373,647,249
1995 $660,195,402 $358,152,520,085
1994 $612,502,085 $305,916,331,798
1993 $615,779,519 $276,339,744,180
1992 $588,309,271 $284,139,428,246
1991 $668,470,891 $272,953,645,746
1990 $634,187,269 $269,768,238,555
1989 $554,072,303 $211,241,694,480
1988 $427,514,322 $218,788,504,066
1987 $451,893,375 $202,238,567,597
1986 $338,524,233 $161,487,171,049
1985 $373,959,151 $112,652,623,418
1984 $359,980,491 $111,104,641,869
1983 $425,225,177 $116,361,728,836
1982 $430,284,022 $116,776,899,473
1981 $402,230,865 $113,936,168,924
1980 $287,648,258 $124,404,609,417
1979 $308,143,183 $116,702,524,208
1978 $318,876,550 $103,821,687,919
1977 $298,871,675 $74,237,819,014
1976 $292,152,321 $69,508,364,538
1975 $283,311,997 $66,452,559,176
1974 $256,769,730 $57,963,469,607
1973 $232,331,281 $50,296,651,921
1972 $227,986,203 $37,399,508,287
1971 $204,167,297 $30,492,832,676
1970 $204,670,551 $25,374,750,743
1969 - $22,780,211,812
1968 - $21,024,203,656
1967 - $19,689,329,510
1966 - $18,290,928,227
1965 - $17,033,079,428
1964 - $16,071,715,835
1963 - $14,499,109,270
1962 - $13,185,384,691
1961 - $11,889,851,950
1960 - $10,569,129,806

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Guinea-Bissau vs Switzerland by year

Guinea-Bissau
GDP per capita

GDP per capita, PPP
Switzerland
GDP per capita

GDP per capita, PPP
1x
Year Current $
Guinea-Bissau Switzerland
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $1,124 - $114,769 -
2024 $998 $3,119 $107,702 $96,498
2023 $964 $2,990 $104,450 $95,142
2022 $882 $2,789 $97,809 $94,421
2021 $927 $2,523 $96,583 $81,001
2020 $847 $2,340 $87,530 $72,998
2019 $811 $2,247 $85,873 $73,732
2018 $809 $2,058 $87,002 $70,689
2017 $783 $2,082 $83,610 $68,194
2016 $680 $1,824 $83,432 $67,351
2015 $645 $1,730 $85,265 $65,265
2014 $652 $1,456 $90,512 $63,417
2013 $654 $1,416 $88,851 $61,656
2012 $635 $1,402 $87,270 $59,441
2011 $720 $1,472 $91,910 $57,494
2010 $600 $1,370 $77,956 $54,426
2009 $583 $1,315 $72,788 $52,999
2008 $640 $1,309 $75,148 $53,809
2007 $519 $1,260 $66,082 $50,928
2006 $449 $1,226 $59,910 $46,266
2005 $463 $1,187 $57,080 $41,525
2004 $431 $1,105 $55,350 $40,171
2003 $420 $1,089 $49,947 $38,732
2002 $362 $1,095 $43,094 $38,705
2001 $327 $1,064 $40,134 $37,819
2000 $317 $1,014 $39,298 $36,703
1999 $479 $1,001 $42,261 $34,743
1998 $498 $861 $43,166 $33,860
1997 $599 $1,118 $42,160 $32,736
1996 $615 $1,052 $48,838 $31,509
1995 $589 $945 $50,869 $30,842
1994 $561 $909 $43,741 $30,265
1993 $582 $890 $39,828 $29,495
1992 $574 $880 $41,327 $29,113
1991 $672 $877 $40,140 $28,792
1990 $651 $824 $40,171 $28,461
1989 $578 - $31,780 -
1988 $454 - $33,183 -
1987 $488 - $30,899 -
1986 $371 - $24,828 -
1985 $417 - $17,411 -
1984 $407 - $17,247 -
1983 $489 - $18,128 -
1982 $503 - $18,271 -
1981 $477 - $17,931 -
1980 $347 - $19,686 -
1979 $376 - $18,541 -
1978 $403 - $16,528 -
1977 $403 - $11,819 -
1976 $421 - $11,029 -
1975 $435 - $10,484 -
1974 $419 - $9,140 -
1973 $392 - $7,974 -
1972 $389 - $5,973 -
1971 $348 - $4,908 -
1970 $350 - $4,105 -
1969 - - $3,712 -
1968 - - $3,465 -
1967 - - $3,286 -
1966 - - $3,091 -
1965 - - $2,908 -
1964 - - $2,776 -
1963 - - $2,546 -
1962 - - $2,366 -
1961 - - $2,188 -
1960 - - $1,984 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Guinea-Bissau's GDP per capita is $1,124, ranking 177/197, compared to $114,769 in Switzerland, ranking 5/197. Adjusted for purchasing power (GDP per capita PPP), Guinea-Bissau ranks 179th at $3,119, while Switzerland ranks 8th at $96,498.

Economic indicators

Guinea-Bissau Switzerland
Gross domestic product
$2.53B
2025
$1.04T
2025
GDP rank
176/197
2025
20/197
2025
GDP growth
5.82%
2024-2025
1.3%
2024-2025
GDP per capita
$1,124
2025
$114,769
2025
GDP per capita rank
177/197
2025
5/197
2025
GDP per capita, PPP
$3,119
2024
$96,498
2024
GDP per capita PPP rank
179/197
2024
8/197
2024
Government debt
$1.9B
2025
$411B
2025
Debt-to-GDP ratio
75.3%
2025
39.4%
2025
Government debt per person
$846
2025
$45,239
2025
Government debt per person rank
149/185
2025
12/185
2025
Average annual personal income after taxes
$1,483
2026
$89,347
2026
Market capitalization of domestic companies n/a
$2.51T
2025
Number of millionaires n/a
944,000
2026
Number of billionaires n/a
45
2026
Income share by richest 10%
26.1%
2021
26.6%
2022
Income share by poorest 10%
3.4%
2021
2.9%
2022
Government expenditure, % of GDP
19.9%
2025
31.2%
2025
Consumer prices inflation
0.9%
2024-2025
0.15%
2024-2025
Central bank interest rate n/a
0%
2025
Unemployment rate
2.67%
2022
4.84%
2025
Population
2323460
9155878

Spending and national debt comparison by year

Guinea-Bissau
Spending

Debt
Switzerland
Spending

Debt
1x
Year % of GDP
Guinea-Bissau Switzerland
Government spending Government debt Government spending Government debt
2025 19.9% 75.3% 31.2% 39.4%
2024 20.4% 82.4% 31.3% 40.5%
2023 21.9% 79.4% 30.9% 37.3%
2022 21.3% 80.7% 30.5% 35.9%
2021 25% 78.8% 33.4% 39.7%
2020 25% 77.6% 36.3% 42.4%
2019 18.8% 65.1% 31.3% 38.8%
2018 19.5% 59.1% 31.1% 39%
2017 18.1% 51.8% 31.9% 41.1%
2016 20.5% 59.1% 31.9% 40.3%
2015 21.5% 56.3% 31.9% 41.4%
2014 23% 60.1% 31.5% 41.2%
2013 12.4% 49.6% 32% 41.2%
2012 13% 47.4% 31.1% 41.9%
2011 17.3% 45.6% 31% 41.2%
2010 18.5% 61.7% 30.9% 40.7%
2009 20.6% 148.3% 31.2% 42.4%
2008 21.8% 148.8% 29.6% 44.2%
2007 23.7% 164% 29% 44%
2006 19.8% 190.4% 30.1% 47.7%
2005 20.2% 203.7% 31.9% 54.1%
2004 23% 202% 32.6% 57.1%
2003 17% 183.4% 32.8% 56.2%
2002 14.1% 197.5% 33.6% 56.9%
2001 19.1% 204.4% 31.2% 50.5%
2000 23.5% 217.1% 31.9% 51.7%
1999 12.1% 109.9% 32.8% 52%
1998 8.72% 109.1% 32.3% 55.3%
1997 12.7% 94.3% 32.5% 52.9%
1996 8.93% 117.3% 32.5% 50.6%
1995 8.14% 103.3% 32% 49.3%
1994 18.4% 105.5% 32% 46.4%
1993 13.1% 112.4% 31.9% 43.7%
1992 10.1% 85.3% 30.8% 38.9%
1991 9.19% 88.9% 29% 34.6%
1990 - - 27.2% 32.8%
1989 - - 30% 32.5%
1988 - - 30.3% 35%
1987 - - 29.8% 36.5%
1986 - - 29.8% 37.6%
1985 - - 30.1% 39.1%
1984 - - 30.4% 39.8%
1983 - - 31.2% 40.2%
1982 - - 30.5% 40%
1981 - - 29.4% 40.8%
1980 - - 29.9% 43.9%
1979 - - 30.5% 44.6%
1978 - - 30.4% 46.6%
1977 - - 31% 46.9%
1976 - - 31.6% 46.7%
1975 - - 29.3% 42.3%
1974 - - 27.5% 38.4%
1973 - - 26.5% 37%
1972 - - 25.7% 38%
1971 - - 25.4% 38.7%
1970 - - 25.8% 38.9%
1969 - - 9.45% 7.08%
1968 - - 8.87% 6.99%
1967 - - 8.68% 7.26%
1966 - - 8.95% 7.62%
1965 - - 8.33% 8.28%
1964 - - 8.85% 9.43%
1963 - - 8.2% 10.8%
1962 - - 8.1% 12%
1961 - - 7.97% 14%
1960 - - 7.11% 16.2%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-07-08).

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

In 2025, Guinea-Bissau's government spending was $502M, accounting for 19.9% of its GDP, while Switzerland spent $326B, or 31.2% of GDP.

Debt-to-GDP ratio is 75.3% in Guinea-Bissau and 39.4% in Switzerland, ranking 49/185 and 136/185, respectively.

Government deficit by year

Deficit/surplus
Guinea-Bissau

Switzerland
1x
Year Deficit/surplus, % of GDP
Guinea-Bissau Switzerland
2025 -6.69% 0.45%
2024 -7.26% 0.53%
2023 -8.15% 0.12%
2022 -6.06% 1.15%
2021 -5.88% -0.28%
2020 -9.64% -2.96%
2019 -3.86% 1.31%
2018 -4.76% 1.26%
2017 -1.32% 1.11%
2016 -5.34% 0.23%
2015 -3.16% 0.54%
2014 -2.44% -0.24%
2013 -1.67% -0.42%
2012 -2.12% 0.23%
2011 -1.35% 0.67%
2010 -0.23% 0.35%
2009 2.68% 0.49%
2008 -0.73% 1.91%
2007 -8.77% 1.55%
2006 -4.57% 0.83%
2005 -4.96% -0.64%
2004 -5.92% -1.37%
2003 -5.63% -1.34%
2002 -3.7% -1.72%
2001 -1.83% 0.2%
2000 -2.8% 0.28%
1999 -4.06% -1.55%
1998 -5.95% -1.29%
1997 -2.56% -2.3%
1996 3.48% -1.98%
1995 2.45% -1.83%
1994 -5.54% -2.55%
1993 -0.34% -3.1%
1992 -0.25% -2.92%
1991 1.61% -1.82%
1990 - -0.05%
1989 - 0.2%
1988 - 0.42%
1987 - 0.78%
1986 - 0.93%
1985 - -0.25%
1984 - -0.52%
1983 - -1.23%
1982 - -1.21%
1981 - -0.54%
1980 - -1.34%
1979 - -1.79%
1978 - -1.12%
1977 - -1.64%
1976 - -1.89%
1975 - -0.93%
1974 - -1.01%
1973 - -0.93%
1972 - -1.39%
1971 - -1.41%
1970 - -1.44%
1969 - -0.98%
1968 - -0.73%
1967 - -1.07%
1966 - -0.87%
1965 - 0.05%
1964 - 0.77%
1963 - 0.25%
1962 - 0.95%
1961 - 0.34%
1960 - 1.95%
1959 - 0.72%
1958 - 0.59%
1957 - 0.66%
1956 - 2.24%
1955 - 1.1%
1954 - 1.44%
1953 - 0.38%
1952 - -1.17%
1951 - -0.36%
1950 - 1.49%
1949 - 0.04%
1948 - 1.37%
1947 - 1.27%
1946 - 0.52%
1945 - -7.57%
1944 - -9.37%
1943 - -8.55%
1942 - -7.28%
1941 - -8.78%
1940 - -10%
1939 - -5.05%
1938 - -1.53%
1937 - -0.17%
1936 - -0.33%
1935 - -0.23%
1934 - -0.33%
1933 - -0.88%
1932 - -0.3%
1931 - 0.03%
1930 - 0.07%
1929 - 0.22%
1928 - -
1927 - -
1926 - -
1925 - -
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - -0.12%
1912 - 0.03%
1911 - -0.006%
1910 - -0.14%
1909 - -0.78%
1908 - -0.1%
1907 - -0.02%
1906 - 0.15%
1905 - 0.41%
1904 - 0.002%
1903 - 0.09%
1902 - 0.02%
1901 - -0.14%
1900 - -0.07%
1899 - 0.1%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1899–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

GeoRank.org/economy/guinea-bissau/switzerland | 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 Switzerland's surplus of $4.71B, or 0.45% of GDP.

Over the past 35 years, Guinea-Bissau recorded a fiscal deficit in 31 of those years, while Switzerland ran a deficit in 17 years. On average, Guinea-Bissau posted an annual deficit equal to 3.35% of GDP, compared to deficit of 0.43% of GDP for Switzerland.

Inflation comparison by year

Inflation
Guinea-Bissau

Switzerland
1x
Year Consumer prices inflation
Guinea-Bissau Switzerland
2025 0.9% 0.15%
2024 3.7% 1.06%
2023 7.2% 2.14%
2022 7.9% 2.84%
2021 3.3% 0.58%
2020 1.5% -0.73%
2019 0.3% 0.36%
2018 0.4% 0.94%
2017 -0.2% 0.53%
2016 2.7% -0.43%
2015 1.5% -1.14%
2014 -1% -0.01%
2013 0.8% -0.22%
2012 2.1% -0.69%
2011 5.1% 0.23%
2010 1.1% 0.69%
2009 -1.6% -0.48%
2008 10.4% 2.43%
2007 4.6% 0.73%
2006 2% 1.06%
2005 3.4% 1.17%
2004 0.8% 0.8%
2003 -3.5% 0.64%
2002 3.3% 0.64%
2001 3.3% 0.99%
2000 8.6% 1.56%
1999 -2.1% 0.81%
1998 8.1% 0.02%
1997 49.1% 0.52%

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/switzerland | CC BY

Over the past 29 years, Guinea-Bissau has recorded an average annual inflation rate of 4.27%, compared with 0.59% in Switzerland. In 2025, inflation was 0.9% in Guinea-Bissau and 0.15% in Switzerland.

Top exports between countries

Guinea-Bissau
Export category Export value
Switzerland
Export category Export value
Chemicals & pharma $1.12M
Precious metals & jewellery $151K
Machinery & equipment $81K
Textiles & consumer goods $27K
Raw materials & minerals $14K
Wood & paper products $7K
Metals $1K
Processed food, beverages & tobacco $1K

Balance of trade

Guinea-Bissau Switzerland
Current account balance
-$162M
2024
$72.9B
2025
Current account balance ranking
87/190
2024
11/190
2025
Current account balance, % of GDP
-7.36%
2024
+6.98%
2025
Goods imports
$414M
2024
$508B
2025
Goods exports
$229M
2024
$617B
2025
Service imports
$198M
2024
$214B
2025
Service exports
$51M
2024
$195B
2025
Imports of goods and services, % of GDP
27%
2025
69.1%
2025
Exports of goods and services, % of GDP
13.9%
2025
78.1%
2025

Economic freedom indices

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

Guinea-Bissau Switzerland
Economic freedom 43.2 83.7
Economic freedom ranking 181/197 2/197
Property rights 28.4 94.4
Government integrity 21 93.3
Judicial effectiveness 13.2 98.3
Tax burden 89 70.9
Government spending 86.5 69.5
Fiscal health 6.5 97.2
Business freedom 34.6 86.3
Labor freedom 55.9 60
Monetary freedom 75.9 82.3
Trade freedom 47 87
Investment freedom 30 85
Financial freedom 30 80

Economic freedom comparison by year

Guinea-Bissau
Switzerland
1x
Year Economic freedom index
Guinea-Bissau Switzerland
2026 43.2 83.7
2025 43.6 83.7
2024 42.7 83
2023 44.6 83.8
2022 46 84.2
2021 54.9 81.9
2020 53.3 82
2019 54 81.9
2018 56.9 81.7
2017 56.1 81.5
2016 51.8 81
2015 52 80.5
2014 51.3 81.6
2013 51.1 81
2012 50.1 81.1
2011 46.5 81.9
2010 43.6 81.1
2009 45.4 79.4
2008 44.4 79.5
2007 46.1 78
2006 46.5 78.9
2005 46 79.3
2004 42.6 79.5
2003 43.1 79
2002 42.3 79.3
2001 42.5 76
2000 34.7 76.8
1999 33.5 79.1
1998 - 79
1997 - 78.6
1996 - 76.8

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

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

The Economic Freedom Index for Guinea-Bissau is 43.2, ranking 181/197, compared to 83.7 for Switzerland, ranking 2/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Guinea-Bissau Switzerland
Services, % of GDP
39.1%
2025
71.7%
2025
Industry, % of GDP
15.7%
2025
25%
2025
Agriculture, forestry, and fishing, % of GDP
40.6%
2025
0.64%
2025
GNI, Atlas method
$2.45B
2025
$1T
2025
GNI per capita, PPP
$3,320
2025
$101,690
2025
Total reserves including gold n/a
$1.08T
2025
Total reserves ranking n/a
4/177
2025
Net foreign direct investment
-$26.3M
2024
$37.6B
2025
Net inflows of foreign direct investment
$26.7M
2024
-$108B
2024
Net outflows of foreign direct investment
$389K
2024
-$27.9B
2024
Servicing debt to the IMF, % of GNI
1.77%
2024
n/a
Poverty at national poverty lines
50.5%
2021
15.8%
2021
Gross capital formation, % of GDP
25.8%
2025
29.5%
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/switzerland | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1899–1996, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2023–2025, 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.