Inflation Guinea-Bissau 2021
Average inflation: 2.2%
Current Inflation
Inflation is normal at 2.2%, around the ECB target.
Peak and Trough
The highest inflation was in October at 5.0%. The lowest inflation was in July at 0.3%.
- Highest month
- October: 5.0%
- Lowest month
- July: 0.3%
- Difference
- 4.7 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 5.3%. The lowest price increase was in Energy with an average of -0.1%.
- Highest increase
- Food: 5.3%
- Lowest increase
- Energy: -0.1%
Historical Context
Current inflation is 1.1% higher than the 5-year average of 1.1%.
- 5-year average
- 1.1%
- 10-year average
- 1%
- All-time high (2011)
- 5.1%
- All-time low (2014)
- -1.5%
Trend
Inflation shows an upward trend. Compared to 2020, inflation has risen by +1.1 percentage point.
- Change vs. previous year
- +1.1 percentage points
- Largest monthly swing
- October: +4.4 percentage points
ECB Target
Inflation is close to the ECB target of 2.0%.
Purchasing Power
At this inflation rate, purchasing power noticeably decreases. Without a salary increase, you can buy less with the same money.
What you could buy for €100 this year will cost approximately €102.20 next year at this inflation rate.
Multi-year trend
Monthly figures 2021
Month overview
| Month | Inflation | Difference vs. 2020 |
|---|---|---|
| January | 1.2% | +0.9 |
| February | 1.6% | +2.7 |
| March | 1.5% | +0.8 |
| April | 1.7% | +1.1 |
| May | 1.4% | -0.2 |
| June | 0.7% | -1.8 |
| July | 0.3% | -2.1 |
| August | 1.6% | 0.0 |
| September | 2.7% | +1.8 |
| October | 5.0% | +4.4 |
| November | 4.9% | +3.1 |
| December | 4.3% | +2.6 |
| Average | 2.2% |
Data source
Data from WorldBank. Last updated: 06/01/2026.