Guinea-Bissau vs Togo: Economic Indicators Comparison
Togo with a GDP of $5.4B ranked the 154th largest economy in the world, while Guinea-Bissau ranked 181st with $1.5B. By GDP 5-years average growth and GDP per capita, Togo and Guinea-Bissau ranked 27th vs 44th and 185th vs 179th, respectively.
Gross Domestic Product & Income
| Stat |  Guinea-Bissau |  Togo |
|---|---|---|
| GDP | $1.5B | $5.4B |
| GDP growth, 1 year | 3.8% | 4.7% |
| GDP growth, 5-years average | 4.6% | 5.3% |
| Population | 1.9M | 7.8M |
| GDP per capita | $778 | $679 |
| GDP per capita growth | 1.24% | 2.38% |
| Purchasing Power Parity conversion factor | 240.31 | 212.6 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.43 | 0.38 |
| GDP per capita, PPP adjusted | $1.9k | $1.7k |
| GNI, Atlas method | $1.4B | $5.2B |
| GNI per capita | $750 | $660 |
| GNI, PPP adjusted | $3.4B | $14B |
| GNI per capita, PPP adjusted | $1.8k | $1.8k |
Financial system and Human development
| Stat | Guinea-Bissau | Togo |
|---|---|---|
| Income Tax Rate | 20% | 45% |
| Corporate Tax Rate | 25% | 27% |
| Inflation, consumer prices | 1.4% | 0.7% |
| Inflation, GDP deflator | -0.4% | 1.3% |
| Unemployment | 4.1% | 1.7% |
| Economic Freedom Index | 53.3 | 54.1 |
| Personal Freedom Index | 6.83 | 5.73 |
| Human Freedom Index | 5.97 | 5.67 |
| Property Rights Index | 41.3 | 41.6 |
| Judical Effectiveness Index | 48.4 | 31.7 |
| Business Freedom Index | 39.1 | 55 |
| Fiscal Health Index | 67.3 | 59.4 |
| Labor Freedom Index | 61.2 | 46.9 |
| Investment Freedom Index | 30 | 65 |
| Financial Freedom Index | 30 | 30 |
| Trade Freedom Index | 49 | 63.2 |
| Monetary Freedom Index | 82.7 | 79.5 |
| Government Spending Index | 86.7 | 78.6 |
| Tax Burden Index | 88.7 | 67.5 |
| Government Integrity Index | 14.8 | 31.2 |
| Corruption Perceptions Index | 16 | 30 |
| Life expectancy at birth, years | 57.7 | 60.5 |
| Suicide mortality rate, per 100,000 people | 4 | 9.6 |
| Mortality caused by road traffic injury, per 100,000 people | 31.1 | 29.2 |
| Intentional homicides, per 100,000 people | 1.1 | 9 |
| International tourism, number of arrivals | 45k | 573k |
Government debt & reserves
| Stat | Guinea-Bissau | Togo |
|---|---|---|
| Central government debt, % of GDP | 56.1% | 74.6% |
| External debt stocks, % of GNI | 28.9% | 33.3% |
| External debt stocks | $420.7M | $1.8B |
| Short-term debt, % of total reserves | N/A | N/A |
| Total debt service, % of exports and primary income | 1.9% | 5% |
| Adjusted net savings including particulate emission damage, % of GNI | -11% | -7.5% |
| Gross savings, % of GDP | 8.8% | 21.4% |
| Gross capital formation, % of GDP | 10.9% | 25.3% |
| Total reserves including gold | N/A | N/A |
| Foreign direct investment net inflows | $20.6M | $102M |
Exports, imports and economic structure
| Stat | Guinea-Bissau | Togo |
|---|---|---|
| Exports of goods and services, % of GDP | 25.3% | 31.3% |
| Imports of goods and services, % of GDP | 32.5% | 42.3% |
| Current account balance (balance of payments) | -$54.1M | -$96.4M |
| Revenue excluding grants, % of GDP | 12.7% | 20.3% |
| Grants excluding technical cooperation, BoP | $80M | $167.4M |
| Personal remittances received | $127.9M | $495.2M |
| Industry including construction value added, % of GDP | 12.6% | 15.5% |
| Agriculture, forestry and fishing value added, % of GDP | 47.5% | 23.4% |
| Charges for the use of intellectual property, payments BoP | $2.4k | $2.3M |
| Charges for the use of intellectual property, receipts BoP | $79k | $12k |
| Expense, % of GDP | 12.6% | 17.9% |
| Government Expenditure, % of GDP | 21.1% | 26.7% |
