Guinea-Bissau's Economy

Guinea-Bissau's real GDP is projected to grow by 5.1% in 2019 and 5.0% in 2020, supported by favourable cashew nut prices amid weaker harvests and by high public investment in energy, construction, and water supply. Overall, inflation is projected to be 2.2% in 2019 and 2.3% in 2020, below the 3% convergence criterion for the West African Economic and Monetary Union.

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