Labor share of gdp in Guinea-Bissau
Guinea-Bissau: Labor share of gdp was 43.5 in 2020. ▬ Flat
Latest (2020)
43.5
Change on year
up 1.9%
World rank
123rd
of 187 countries
All-time high
45.2
in 2012
All-time low
41.3
in 2011
Years of data
17
2004–2020
Labor share of gdp in Guinea-Bissau, 2004–2020
Source: Our World in Data.
Analysis
In 2020, labor share of gdp in Guinea-Bissau stood at 43.5.
The figure is up 1.9% on the previous year and up 1.9% over ten years.
Over the whole period, labor share of gdp in Guinea-Bissau peaked at 45.2 in 2012 and was at its lowest, 41.3, in 2011.
That places Guinea-Bissau 123rd out of 187 countries with data for 2020, putting it in the middle of the range.
Labor share of gdp in Guinea-Bissau, year by year
| Year | Value | Change |
|---|---|---|
| 2004 | 43.5 | — |
| 2005 | 42.9 | -1.4% |
| 2006 | 43.6 | +1.6% |
| 2007 | 43.3 | -0.7% |
| 2008 | 43.3 | +0.0% |
| 2009 | 43.2 | -0.2% |
| 2010 | 42.7 | -1.2% |
| 2011 | 41.3 | -3.3% |
| 2012 | 45.2 | +9.4% |
| 2013 | 43.2 | -4.4% |
| 2014 | 44.1 | +2.1% |
| 2015 | 42.1 | -4.5% |
| 2016 | 42 | -0.2% |
| 2017 | 42.2 | +0.5% |
| 2018 | 44 | +4.3% |
| 2019 | 42.7 | -3.0% |
| 2020 | 43.5 | +1.9% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 43.5 is above the median for low income countries, which is 42.1, 1.0× the median. (25 countries reporting)
- Guinea-Bissau's 43.5 is above the median for Sub-Saharan Africa, which is 42.4, 1.0× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 43.3 | 42.9 | 43.6 | 6 |
| 2010s | 42.95 | 41.3 | 45.2 | 10 |
| 2020s | 43.5 | 43.5 | 43.5 | 1 |
Countries ranked near Guinea-Bissau
More work & labour data for Guinea-Bissau
- Population - Est. & Proj. — Total Population - Both sexes, annual 0.1404 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth 0.1233 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth 0.1568 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate 0.6013 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 2.39 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 2,062 1000 No (2050)
- Population - Est. & Proj. — Rural population 1,541 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 2,376 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 2,289 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 4,665 1000 No (2100)
Frequently asked questions
- What is labor share of gdp in Guinea-Bissau?
- Labor share of gdp in Guinea-Bissau was 43.5 in 2020, according to Our World in Data.
- What is the highest labor share of gdp recorded in Guinea-Bissau?
- The highest recorded value was 45.2 in 2012.
- What is the lowest labor share of gdp recorded in Guinea-Bissau?
- The lowest recorded value was 41.3 in 2011.
- How does Guinea-Bissau rank for labor share of gdp?
- Guinea-Bissau ranks 123rd out of 187 countries with data for 2020.
- Is labor share of gdp rising or falling in Guinea-Bissau?
- Over the last ten years it is up 1.9%. The long-run trend across the full record is flat.
- Where does this Guinea-Bissau data come from?
- The figures come from Our World in Data, published as part of Labor share of gdp. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 17 observations, free to reuse under CC BY 4.0 (Our World in Data).