Money Supply M0 in Nigeria decreased to 2186983.40 NGN Million in February from 2249769.69 NGN Million in January of 2020. Money Supply M0 in Nigeria averaged 1127212.92 NGN Million from 2000 until 2020, reaching an all time high of 2442985.64 NGN Million in December of 2019 and a record low of 193939.30 NGN Million in February of 2000. Nigeria Money Supply M0 is the most liquid measure of the money supply including coins and notes in circulation and other assets that are easily convertible into cash. Money Supply M0 and M1, are also known as narrow money. This page provides - Nigeria Money Supply M0 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M1 in Nigeria increased to 10427024.37 NGN Million in February from 10331403.70 NGN Million in January of 2020. Money Supply M1 in Nigeria averaged 5053634.17 NGN Million from 2000 until 2020, reaching an all time high of 11751139.21 NGN Million in December of 2018 and a record low of 396991.90 NGN Million in January of 2000. This page provides - Nigeria Money Supply M1 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Money Supply M2 in Nigeria increased to 29730798.19 NGN Million in February from 29130425.30 NGN Million in January of 2020. Money Supply M2 in Nigeria averaged 11423169.76 NGN Million from 2000 until 2020, reaching an all time high of 35167529.95 NGN Million in April of 2019 and a record low of 648506.60 NGN Million in January of 2000. Nigeria Money Supply M2 includes M1 plus short-term time deposits in banks. This page provides - Nigeria Money Supply M2 - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Private Sector Credit in Nigeria increased to 26695426.73 NGN Million in February from 26562698.38 NGN Million in January of 2020. Private Sector Credit in Nigeria averaged 9945174.56 NGN Million from 2000 until 2020, reaching an all time high of 26695426.73 NGN Million in February of 2020 and a record low of 440872.30 NGN Million in January of 2000. This page provides - Nigeria Private Sector Credit- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The benchmark interest rate in Nigeria was last recorded at 13.50 percent. Interest Rate in Nigeria averaged 11.17 percent from 2007 until 2020, reaching an all time high of 14 percent in July of 2016 and a record low of 6 percent in July of 2009. In Nigeria, interest rate decisions are taken by The Central Bank of Nigeria. The official interest rate is the Monetary Policy Rate (MPR). This page provides - Nigeria Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Confidence in Nigeria decreased to -0.30 points in the first quarter of 2020 from 3.30 points in the fourth quarter of 2019. Consumer Confidence in Nigeria averaged -7.62 points from 2008 until 2020, reaching an all time high of 9.70 points in the fourth quarter of 2018 and a record low of -29.80 points in the fourth quarter of 2016. In Nigeria, the Consumer Expectations Survey is based on a sample of 1800 households. It provides consumers’ tendencies and expectations for general economic conditions, job opportunities, personal financial standing and market developments. The overall consumer confidence index is computed as an average of three measures: the outlook on macroeconomic conditions, family financial situation and family income. The CES is computed as the percentage share of respondents that answered positively less the percentage share of respondents that answered negatively with regard to the given indicator. This page provides - Nigeria Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Business Confidence in Nigeria decreased to 6.60 points in March from 26.60 points in February of 2020. Business Confidence in Nigeria averaged 15.67 points from 2008 until 2020, reaching an all time high of 41.10 points in June of 2011 and a record low of -29 points in December of 2016. In Nigeria, the Business Expectations Survey is based on a sample of 1850 companies and provides advance indication of change in the overall business activity. It is a quarterly survey of nationwide leading firms from the main sectors of the economy: Services, Industrial, Wholesale/Retail Trade and Construction. The overall index is computed as the percentage share of firms that have an “improving outlook” less percentage share of firms that have a “deteriorating outlook”. This page provides - Nigeria Business Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Lending Rate in Nigeria increased to 15.04 percent in February from 14.97 percent in January of 2020. Lending Rate in Nigeria averaged 14.14 percent from 1961 until 2020, reaching an all time high of 37.80 percent in September of 1993 and a record low of 6 percent in April of 1975. This page provides - Nigeria Lending Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Deposit Interest Rate in Nigeria increased to 6.17 percent in February from 5.85 percent in January of 2020. Deposit Interest Rate in Nigeria averaged 9.61 percent from 1970 until 2020, reaching an all time high of 27 percent in September of 1993 and a record low of 2 percent in April of 1976. The Deposit Interest Rate is Nigeria refers to Weighted Average 3 Month Deposit Rates in Commercial Banks. This page includes a chart with historical data for Deposit Interest Rate in Nigeria.

The Consumer Price Index in Nigeria increased 0.79 percent in February of 2020 over the previous month. Inflation Rate Mom in Nigeria averaged 1.04 percent from 1995 until 2020, reaching an all time high of 8.93 percent in April of 1995 and a record low of -3.50 percent in August of 1999. Inflation Rate MoM measures month over month change in the price of goods and services. This page provides - Nigeria Inflation Rate MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Nigeria recorded a government debt equivalent to 17.50 percent of the country's Gross Domestic Product in 2018. Government Debt to GDP in Nigeria averaged 32.40 percent from 1990 until 2018, reaching an all time high of 75 percent in 1991 and a record low of 7.30 percent in 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides the latest reported value for - Nigeria Government Debt to GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Nigeria recorded a Current Account deficit of 6953.30 USD Million in the fourth quarter of 2019. Current Account in Nigeria averaged 1832.56 USD Million from 2005 until 2019, reaching an all time high of 10383.67 USD Million in the second quarter of 2008 and a record low of -6953.30 USD Million in the fourth quarter of 2019. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Nigeria Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

External Debt in Nigeria increased to 27676.14 USD Million in the fourth quarter of 2019 from 26941.50 USD Million in the third quarter of 2019. External Debt in Nigeria averaged 10638.95 USD Million from 2008 until 2019, reaching an all time high of 27676.14 USD Million in the fourth quarter of 2019 and a record low of 3627.50 USD Million in the first quarter of 2009. This page provides - Nigeria External Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Nigeria recorded a capital and financial account surplus of 13235.94 USD Million in the fourth quarter of 2019. Capital Flows in Nigeria averaged 385.95 USD Million from 2008 until 2019, reaching an all time high of 20302.97 USD Million in the third quarter of 2010 and a record low of -15439.95 USD Million in the first quarter of 2010. This page provides - Nigeria Capital Flows- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Debt in Nigeria decreased to 84053.32 USD Million in the fourth quarter of 2019 from 85390.82 USD Million in the third quarter of 2019. Government Debt in Nigeria averaged 66964.23 USD Million from 2012 until 2019, reaching an all time high of 85390.82 USD Million in the third quarter of 2019 and a record low of 48361.37 USD Million in the first quarter of 2013. This page provides - Nigeria Government Debt- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Crude Oil Production in Nigeria increased to 1780 BBL/D/1K in March from 1742 BBL/D/1K in February of 2020. Crude Oil Production in Nigeria averaged 1878.50 BBL/D/1K from 1973 until 2020, reaching an all time high of 2475 BBL/D/1K in November of 2005 and a record low of 675 BBL/D/1K in February of 1983. This page provides the latest reported value for - Nigeria Crude Oil Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Industrial Production in Nigeria increased 25.10 percent in the fourth quarter of 2019 over the same quarter in the previous year. Industrial Production in Nigeria averaged 1.42 percent from 2007 until 2019, reaching an all time high of 25.10 percent in the fourth quarter of 2019 and a record low of -20.40 percent in the first quarter of 2016. In Nigeria, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides - Nigeria Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Manufacturing Production in Nigeria decreased 1.90 percent in December of 2019 over the same month in the previous year. Manufacturing Production in Nigeria averaged 5.41 percent from 2007 until 2019, reaching an all time high of 24.60 percent in the fourth quarter of 2013 and a record low of -7 percent in the first quarter of 2016. This page provides - Nigeria Manufacturing Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Mining production in Nigeria increased 0.10 percent in December of 2019 over the same month in the previous year. Mining Production in Nigeria averaged -0.56 percent from 2011 until 2019, reaching an all time high of 48.20 percent in the third quarter of 2017 and a record low of -34.10 percent in the fourth quarter of 2016. This page provides - Nigeria Mining Production- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Personal Income Tax Rate in Nigeria stands at 24 percent. In Nigeria, the Personal Income Tax Rate is a tax collected from individuals and is imposed on different sources of income like labor, pensions, interest and dividends. The benchmark we use refers to the Top Marginal Tax Rate for individuals. Revenues from the Personal Income Tax Rate are an important source of income for the government of Nigeria. This page provides the latest reported value for - Nigeria Personal Income Tax Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Terms of Trade in Nigeria increased to 103.54 points in December from 100.73 points in November of 2019. Terms of Trade in Nigeria averaged 99.23 points from 2000 until 2019, reaching an all time high of 160.25 points in March of 2010 and a record low of 49.48 points in April of 2006. In Nigeria, Terms of Trade (ToT) correspond to the ratio of Price of exportable goods to the Price of importable goods. This page provides - Nigeria Terms Of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in Nigeria decreased to 929917.32 NGN Million in the first quarter of 2019 from 1027351.08 NGN Million in the fourth quarter of 2018. Government Spending in Nigeria averaged 1015514.70 NGN Million from 2010 until 2019, reaching an all time high of 1615675.03 NGN Million in the fourth quarter of 2010 and a record low of 609792.40 NGN Million in the fourth quarter of 2017. Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth. This page provides - Nigeria Government Spending- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Consumer Price Index CPI in Nigeria increased to 315.20 points in March from 312.60 points in February of 2020. Consumer Price Index CPI in Nigeria averaged 105.02 points from 1995 until 2020, reaching an all time high of 315.20 points in March of 2020 and a record low of 14.36 points in January of 1995. In Nigeria, the Consumer Price Index or CPI measures changes in the prices paid by consumers for a basket of goods and services. This page provides - Nigeria Consumer Price Index (CPI) - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cpi Housing Utilities in Nigeria increased to 299.40 points in March from 297.70 points in February of 2020. Cpi Housing Utilities in Nigeria averaged 105.35 points from 1995 until 2020, reaching an all time high of 299.40 points in March of 2020 and a record low of 7.80 points in January of 1995. This page provides - Nigeria Cpi Housing Utilities- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The transportation sub-index of the CPI basket in Nigeria increased to 285.50 points in March of 2020 from 283.40 points in February of 2020. CPI Transportation in Nigeria averaged 152.69 points from 2006 until 2020, reaching an all time high of 285.50 points in March of 2020 and a record low of 68.50 points in February of 2006. This page provides - Nigeria Cpi Transportation- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core Consumer Prices in Nigeria increased to 287.30 points in March from 285.01 points in February of 2020. Core Consumer Prices in Nigeria averaged 153.70 points from 2006 until 2020, reaching an all time high of 287.30 points in March of 2020 and a record low of 69 points in January of 2006. This page provides - Nigeria Core Consumer Prices - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Core consumer prices in Nigeria increased 9.70 percent in March of 2020 over the same month in the previous year. Core Inflation Rate in Nigeria averaged 10.21 percent from 2007 until 2020, reaching an all time high of 19.28 percent in January of 2007 and a record low of 0.49 percent in March of 2008. This page provides the latest reported value for - Nigeria Core Inflation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Gasoline Prices in Nigeria decreased to 0.34 USD/Liter in April from 0.41 USD/Liter in March of 2020. Gasoline Prices in Nigeria averaged 0.44 USD/Liter from 1991 until 2020, reaching an all time high of 0.73 USD/Liter in May of 2016 and a record low of 0.02 USD/Liter in December of 1992. This page provides the latest reported value for - Nigeria Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Foreign Exchange Reserves in Nigeria decreased to 33440 USD Million in April from 35160 USD Million in March of 2020. Foreign Exchange Reserves in Nigeria averaged 12105.08 USD Million from 1960 until 2020, reaching an all time high of 62081.86 USD Million in September of 2008 and a record low of 63.22 USD Million in June of 1968. This page provides - Nigeria Foreign Exchange Reserves - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Cash Reserve Ratio in Nigeria remained unchanged at 27.50 percent in May from 27.50 percent in April of 2020. Cash Reserve Ratio in Nigeria averaged 13.20 percent from 2007 until 2020, reaching an all time high of 31 percent in May of 2015 and a record low of 1 percent in April of 2009. This page provides - Nigeria Cash Reserve Ratio- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Crude Oil Rigs in Nigeria decreased to 16 in April from 21 in March of 2020. Crude Oil Rigs in Nigeria averaged 10.73 from 1995 until 2020, reaching an all time high of 23 in February of 2020 and a record low of 3 in January of 2000. This page provides - Nigeria Crude Oil Rigs- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Composite Pmi in Nigeria decreased to 37.10 points in April from 53.80 points in March of 2020. Composite Pmi in Nigeria averaged 53.57 points from 2014 until 2020, reaching an all time high of 59.10 points in May of 2018 and a record low of 37.10 points in April of 2020. The Stanbic IBTC Bank Nigeria Purchasing Managers’ Index measures the performance of the private sector and is derived from a survey of 400 companies from agriculture, manufacturing, services, construction and retail. The Purchasing Managers’ Index is a composite index based on five individual indexes with the following weights: New Orders (30 percent), Output (25 percent), Employment (20 percent), Suppliers’ Delivery Times (15 percent) and Stock of Items Purchased (10 percent), with the Delivery Times index inverted so that it moves in a comparable direction. A reading above 50 indicates an expansion of the private sector activity compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides - Nigeria Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Manufacturing Pmi in Nigeria decreased to 51.10 points in March from 58.30 points in February of 2020. Manufacturing Pmi in Nigeria averaged 52.67 points from 2014 until 2020, reaching an all time high of 61.10 points in December of 2018 and a record low of 41.90 points in June of 2016. The Composite Manufacturing PMI measures the performance of the manufacturing sector and is derived from a survey of purchasing and supply executives from 13 locations in Nigeria. The survey shows the change, if any, in the current month compared with the previous month. The PMI is presented as an average of variables with the following weights: production level (25 percent), new orders (30 percent), supplier deliveries (15 percent) and employment level and inventories (20 percent). A reading above 50 indicates an expansion; below 50 represents a contraction; while 50 indicates no change. This page provides - Nigeria Manufacturing Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Services Pmi in Nigeria decreased to 49.20 points in March from 58.60 points in February of 2020. Services Pmi in Nigeria averaged 53.46 points from 2014 until 2020, reaching an all time high of 62.30 points in December of 2018 and a record low of 41 points in September of 2016. The Composite Non-Manufacturing PMI measures the performance of the non manufacturing sector and is derived from a survey of purchasing and supply executives from 13 locations in Nigeria. The survey shows the change, if any, in the current month compared with the previous month and is presented as an average of: production level (25 percent of weight), new orders (30 percent), supplier deliveries (15 percent) and employment level and inventories (20 percent). A reading above 50 indicates an expansion of the private sector activity compared to the previous month; below 50 represents a contraction; while 50 indicates no change. This page provides - Nigeria Services Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The inflation rate in Nigeria was recorded at 12.26 percent in March of 2020. Inflation Rate in Nigeria averaged 12.42 percent from 1996 until 2020, reaching an all time high of 47.56 percent in January of 1996 and a record low of -2.49 percent in January of 2000. In Nigeria, the Consumer Price Index (CPI) measures the change over time in prices of 740 goods and services consumed by people for day-to-day living. The index weights are based on expenditures of both urban and rural households in the 36 states. The most important categories in the CPI are Food and Non Alcoholic Beverages (51.8 percent of total weight); Housing, Water, Electricity, Gas and Other Fuel (16.7 percent) and Clothing and Footwear (7.7 percent). Transports account for 6.5 percent of total index and Furnishings and Household Equipment Maintenance for 5 percent. Education represents 3.9 percent of total weight, Health 3 percent, Miscellaneous Goods and Services 1.7 percent and Restaurants and Hotels 1.2 percent. Alcoholic Beverages, Tobacco and Kola account for 1.1 percent of total index, Communications for 0.7 percent and Recreation and Culture for the remaining 0.7 percent. This page provides - Nigeria Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Nigeria expanded 5.59 percent in the fourth quarter of 2019 over the previous quarter. GDP Growth Rate in Nigeria averaged 1.43 percent from 2010 until 2019, reaching an all time high of 10.59 percent in the third quarter of 2010 and a record low of -13.97 percent in the first quarter of 2016. Nigeria is one of the most developed countries in Africa. Services is the largest sector of the economy, accounting for about 50 percent of total GDP. One of the fastest growing segments in Services are Information and Communication, which together account for about 10 percent of the total output. Agriculture, which in the past was the biggest sector, now weights around 23 percent. Crude Petroleum and Natural Gas constitute only 11 percent of total GDP, while being the main exports. Industry and Construction account for the remaining 16 percent of GDP. This page provides - Nigeria GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Nigeria expanded 2.55 percent in the fourth quarter of 2019 over the same quarter of the previous year. GDP Annual Growth Rate in Nigeria averaged 3.80 percent from 1982 until 2019, reaching an all time high of 19.17 percent in the fourth quarter of 2004 and a record low of -7.81 percent in the fourth quarter of 1983. Nigeria is the biggest economy in Africa. Services is the largest sector of the economy, accounting for about 50 percent of total GDP. One of the fastest growing segments in Services are Information and Communication, which together account for about 10 percent of the total output. Agriculture, which in the past was the biggest sector, now weights around 23 percent. Crude Petroleum and Natural Gas constitute only 11 percent of total GDP, while being the main exports. Industry and Construction account for the remaining 16 percent of GDP. This page provides - Nigeria GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Standard & Poor's credit rating for Nigeria stands at B- with stable outlook. Moody's credit rating for Nigeria was last set at B2 with negative outlook. Fitch's credit rating for Nigeria was last reported at B with negative outlook. In general, a credit rating is used by sovereign wealth funds, pension funds and other investors to gauge the credit worthiness of Nigeria thus having a big impact on the country's borrowing costs. This page includes the government debt credit rating for Nigeria as reported by major credit rating agencies.

Nigeria recorded 3912 Coronavirus Cases since the epidemic began, according to the World Health Organization (WHO). In addition, Nigeria reported 117 Coronavirus Deaths. This page includes a chart with historical data for Nigeria Coronavirus Cases.

Nigeria recorded 117 Coronavirus Deaths since the epidemic began, according to the World Health Organization (WHO). In addition, Nigeria reported 3912 Coronavirus Cases. This page includes a chart with historical data for Nigeria Coronavirus Deaths.

Nigeria recorded 679 Coronavirus Recovered since the epidemic began, according to the World Health Organization (WHO). In addition, Nigeria reported 117 Coronavirus Deaths. This page includes a chart with historical data for Nigeria Coronavirus Recovered.

Temperature in Guinea Bissau decreased to 25.72 celsius in August from 27.13 celsius in July of 2013. Temperature in Guinea Bissau averaged 26.76 celsius from 1849 until 2013, reaching an all time high of 30.46 celsius in May of 2005 and a record low of 21.64 celsius in January of 1889. This page includes a chart with historical data for Guinea Bissau Temperature.

Leading Economic Index Guinea Bissau increased 0.60 percent in February of 2018 over the same month in the previous year. Leading Economic Index in Guinea Bissau averaged 0.96 Percent from 2012 until 2018, reaching an all time high of 3.50 Percent in December of 2013 and a record low of -15.90 Percent in January of 2014. In Guinea Bissau, Business Survey Indicator (Indicateur Synthétique de la Conjoncture) shows a year over year change in the activity of different economic sectors including industrial production, construction, internal trade and services, anticipating future movements in GDP. This page provides - Guinea Bissau ISC- actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product per capita in Guinea Bissau was last recorded at 1596.40 US dollars in 2018, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Guinea Bissau, when adjusted by Purchasing Power Parity is equivalent to 9 percent of the world's average. GDP per capita PPP in Guinea Bissau averaged 1510.99 USD from 1990 until 2018, reaching an all time high of 1954.30 USD in 1997 and a record low of 1344 USD in 2003. The GDP per capita PPP is obtained by dividing the country’s gross domestic product, adjusted by purchasing power parity, by the total population. This page provides - Guinea Bissau GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Exports in Guinea Bissau increased to 141.70 CFA Franc Million in 2018 from 114.30 CFA Franc Million in 2017. Exports in Guinea Bissau averaged 39.01 CFA Franc Million from 1986 until 2018, reaching an all time high of 141.70 CFA Franc Million in 2018 and a record low of 1.70 CFA Franc Million in 1992. Guinea Bissau main export is cashew nuts (90 percent of total exports) followed by fish and shrimp. Main export partners are: India, Singapore, Portugal and Nigeria. This page provides - Guinea Bissau Exports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Imports in Guinea Bissau increased to 120.70 CFA Franc Million in 2018 from 117.90 CFA Franc Million in 2017. Imports in Guinea Bissau averaged 51.54 CFA Franc Million from 1986 until 2018, reaching an all time high of 120.70 CFA Franc Million in 2018 and a record low of 12.40 CFA Franc Million in 1992. Guinea Bissau main imports are: fuel, foodstuff and machinery. Main import partners are: Portugal, China, Senegal, India and Gambia. This page provides - Guinea Bissau Imports - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Guinea Bissau recorded a trade surplus of 21 CFA Franc Million in 2018. Balance of Trade in Guinea Bissau averaged -12.58 CFA Franc Million from 1986 until 2018, reaching an all time high of 21 CFA Franc Million in 2018 and a record low of -45.90 CFA Franc Million in 2008. Guinea Bissau has a systemic trade deficit as the result of the country’s need to import fuel and foodstuff. Guinea Bissau is a net exporter of cashew nuts (90 percent of total exports), fish and shrimp. Main trading partners are Portugal and China. This page provides - Guinea Bissau Balance of Trade - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Military Expenditure in Guinea Bissau decreased to 17.70 USD Million in 2015 from 18.90 USD Million in 2014. Military Expenditure in Guinea Bissau averaged 11.02 USD Million from 1982 until 2015, reaching an all time high of 22.20 USD Million in 2012 and a record low of 3 USD Million in 1997.

Guinea Bissau recorded a Current Account deficit of 33.60 CFA Franc Billion in 2018. Current Account in Guinea Bissau averaged -9.09 CFA Franc Billion from 1997 until 2018, reaching an all time high of 19.10 CFA Franc Billion in 2016 and a record low of -42.49 CFA Franc Billion in 2012. Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid). This page provides - Guinea Bissau Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Guinea Bissau is ranked 174 among 190 economies in the ease of doing business, according to the latest World Bank annual ratings. The rank of Guinea Bissau improved to 174 in 2019 from 175 in 2018. Ease of Doing Business in Guinea Bissau averaged 177.92 from 2008 until 2019, reaching an all time high of 181 in 2009 and a record low of 172 in 2016. The Ease of doing business index ranks countries against each other based on how the regulatory environment is conducive to business operationstronger protections of property rights. Economies with a high rank (1 to 20) have simpler and more friendly regulations for businesses. This page includes a chart with historical data for Ease of Doing Business in Guinea Bissau.