Guinea-Bissau Poverty Rate
Guinea-Bissau's poverty rate rose to 39.9% in 2021, up from 37.1% in 2018, according to World Bank. This represents an increase of 2.8% from the previous year. Guinea-Bissau has the 15th highest poverty rate. Within Africa, it ranks 15th out of 36 countries.
Guinea-Bissau's annual unemployment rate fell to 2.62% in 2024, down from 2.65% in 2023.
Yearly Historical Data (1991-2021)
(in %)Guinea-Bissau Poverty Rate : Definition
Poverty Rate measures the percentage of people in Guinea-Bissau living on less than $3.00 per day, adjusted for purchasing power parity (PPP, 2021 prices).