Publication:
Guinea-Bissau Economic Update, Spring 2025: Unpacking Tax Performance in Guinea-Bissau

dc.contributor.authorWorld Bank
dc.date.accessioned2025-06-17T19:51:51Z
dc.date.available2025-06-17T19:51:51Z
dc.date.issued2025-06-17
dc.description.abstractGuinea-Bissau’s economy remained resilient in 2024, despite a challenging cashew campaign, with GDP growth reaching 4.8 percent. Activity in the primary sector was affected by a reduction in cashew production due to adverse weather conditions and lingering effects from the poor 2023 marketing campaign. However, this was partially offset by a more than doubling in farmgate prices for cashews producers and improved subsistence agriculture output. The secondary sector output showed positive signs as well, growing by 8 percent between 2023 and 2024, driven by a rise in the manufacturing sector (particularly in the agri-food industry) and construction activities linked to major infrastructure projects. Growth in the services sector was strong (+4.2 percent y/y) driven by retail and hospitality activities.en
dc.identifierhttp://documents.worldbank.org/curated/en/099060525185042700
dc.identifier.doihttps://doi.org/10.1596/43346
dc.identifier.urihttps://hdl.handle.net/10986/43346
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC: World Bank
dc.rightsCC BY-NC 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttps://creativecommons.org/licenses/by-nc/3.0/igo
dc.subjectECONOMIC GROWTH
dc.subjectGDP GROWTH
dc.subjectAGRICULTURE OUTPUT
dc.subjectAGRIBUSINESS
dc.subjectRETAIL GROWTH
dc.subjectHOSPITALITY SERVICES GROWTH
dc.titleGuinea-Bissau Economic Update, Spring 2025en
dc.title.subtitleUnpacking Tax Performance in Guinea-Bissauen
dc.typeReport
dspace.entity.typePublication
okr.date.disclosure2025-06-17
okr.date.doiregistration2025-06-19T02:10:32.981405Z
okr.date.lastmodified2025-06-09T11:02:25Zen
okr.doctypeEconomic & Sector Work::Economic Updates and Modeling
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/099060525185042700
okr.guid099060525185042700
okr.identifier.docmidP507238-8180ac89-cbea-4130-907f-3c6c0cb675f6
okr.identifier.externaldocumentum40019915
okr.identifier.internaldocumentum40019915
okr.identifier.report201819
okr.import.id7706
okr.importedtrueen
okr.language.supporteden
okr.pdfurlhttps://documents.worldbank.org/curated/en/099060525185042700/pdf/P507238-8180ac89-cbea-4130-907f-3c6c0cb675f6.pdfen
okr.region.administrativeAfrica Western and Central (AFW)
okr.region.countryGuinea-Bissau
okr.sectorCentral Government (Central Agencies),Social Protection
okr.sectorSocial Protection,Public Administration
okr.themeFiscal Policy,Macroeconomic Simulation and Policy Analysis,Gender-Based Violence,Gender,Poverty and Equity,Social Protection,Energy and Mineral Resources,Debt Management,Economic Inclusion,Economic Policy,Debt Policy,Environment, Infrastructure, and Natural Resource Management,Poverty and Equity,Human Development,Just Transition in non-Coal Sectors,Adaptive Social Protection,Macroeconomic Model Development,Tax policy,Human Capital to Advance Gender Equality,Macroeconomic Modeling,Social Safety Nets
okr.topicAgriculture::Agribusiness
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicScience and Technology Development::Innovation
okr.topicMacroeconomics and Economic Growth::Investment and Investment Climate
okr.topicMacroeconomics and Economic Growth::Taxation & Subsidies
okr.unitEFI-AFR2-MTI-MacroFiscal-1 (EAWM1)
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