Inflation Guinea-Bissau 2020

Average inflation: 1.1%

Current Inflation

Inflation is low at 1.1%, below the ECB target of 2%.

Peak and Trough

The highest inflation was in June at 2.5%. The lowest inflation was in February at -1.1%.

Highest month
June: 2.5%
Lowest month
February: -1.1%
Difference
3.6 percentage points
Months with data
12 of 12

Historical Context

Current inflation is around the 5-year average of 1.0%.

5-year average
1%
10-year average
1.3%
All-time high (2011)
5.1%
All-time low (2014)
-1.5%

Trend

Inflation has remained relatively stable. Compared to 2019, the difference is minimal (+0.8 percentage point).

Change vs. previous year
+0.8 percentage points
Largest monthly swing
June: +4.0 percentage points

ECB Target

Inflation is 0.9% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.

Purchasing Power

At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.

What you could buy for €100 this year will cost approximately €101.10 next year at this inflation rate.

Multi-year trend

Monthly figures 2020

Month overview

Month Inflation Difference vs. 2019
January 0.3% -2.0
February -1.1% -3.6
March 0.7% -1.8
April 0.6% -0.4
May 1.6% +3.6
June 2.5% +4.0
July 2.4% +2.3
August 1.6% +2.0
September 0.9% +1.0
October 0.6% +1.2
November 1.8% +2.4
December 1.7% +1.8
Average 1.1%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also