Total shortfall from extreme poverty in Guinea-Bissau

Guinea-Bissau: Total shortfall from extreme poverty was 263.41 million international-$ in 2021 prices in 2021. ▬ Flat

Latest (2021)
263.41 million international-$ in 2021 prices
Change on year
up 26.5%
World rank
45th
of 120 countries
All-time high
664.62 million international-$ in 2021 prices
in 2010
All-time low
208.28 million international-$ in 2021 prices
in 2018
Years of data
6
1991–2021

Total shortfall from extreme poverty in Guinea-Bissau, 1991–2021

200.0M300.0M400.0M500.0M600.0M700.0M1991200620211991: 295.2M international-$ in 2021 prices1993: 248.2M international-$ in 2021 prices2002: 383.2M international-$ in 2021 prices2010: 664.6M international-$ in 2021 prices2018: 208.3M international-$ in 2021 prices2021: 263.4M international-$ in 2021 prices

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Measured in international-$ in 2021 prices.

Analysis

Guinea-Bissau recorded 263.41 million international-$ in 2021 prices for total shortfall from extreme poverty in 2021.

Compared with earlier readings it is up 26.5% on the previous year and down 60.4% over ten years.

Over the whole period, total shortfall from extreme poverty in Guinea-Bissau peaked at 664.62 million international-$ in 2021 prices in 2010 and was at its lowest, 208.28 million international-$ in 2021 prices, in 2018.

That places Guinea-Bissau 45th out of 120 countries with data for 2021, putting it in the middle of the range.

Total shortfall from extreme poverty in Guinea-Bissau, year by year

Annual values for Total shortfall from extreme poverty in Guinea-Bissau, 1991 to 2021.
Year international-$ in 2021 prices Change
1991 295.15 million international-$ in 2021 prices —
1993 248.16 million international-$ in 2021 prices -15.9%
2002 383.22 million international-$ in 2021 prices +54.4%
2010 664.62 million international-$ in 2021 prices +73.4%
2018 208.28 million international-$ in 2021 prices -68.7%
2021 263.41 million international-$ in 2021 prices +26.5%

Guinea-Bissau compared with similar countries

  • Guinea-Bissau's 263.41 million international-$ in 2021 prices is below the median for low income countries, which is 4.50 billion international-$ in 2021 prices, 6% of the median. (13 countries reporting)
  • Guinea-Bissau's 263.41 million international-$ in 2021 prices is below the median for Sub-Saharan Africa, which is 3.29 billion international-$ in 2021 prices, 8% of the median. (26 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1990s 271.66 million international-$ in 2021 prices 248.16 million international-$ in 2021 prices 295.15 million international-$ in 2021 prices 2
2000s 383.22 million international-$ in 2021 prices 383.22 million international-$ in 2021 prices 383.22 million international-$ in 2021 prices 1
2010s 436.45 million international-$ in 2021 prices 208.28 million international-$ in 2021 prices 664.62 million international-$ in 2021 prices 2
2020s 263.41 million international-$ in 2021 prices 263.41 million international-$ in 2021 prices 263.41 million international-$ in 2021 prices 1

Countries ranked near Guinea-Bissau

  1. 42 Uzbekistan 342.44 million international-$ in 2021 prices
  2. 43 Spain 291.29 million international-$ in 2021 prices compare
  3. 44 Morocco 272.90 million international-$ in 2021 prices compare
  4. 46 Egypt 219.90 million international-$ in 2021 prices compare
  5. 47 United Kingdom 208.75 million international-$ in 2021 prices compare
  6. 48 Ecuador 198.96 million international-$ in 2021 prices compare

See the full ranking of 120 places →

More poverty & inequality data for Guinea-Bissau

All data for Guinea-Bissau →

Frequently asked questions

What is total shortfall from extreme poverty in Guinea-Bissau?
Total shortfall from extreme poverty in Guinea-Bissau was 263.41 million international-$ in 2021 prices in 2021, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest total shortfall from extreme poverty recorded in Guinea-Bissau?
The highest recorded value was 664.62 million international-$ in 2021 prices in 2010.
What is the lowest total shortfall from extreme poverty recorded in Guinea-Bissau?
The lowest recorded value was 208.28 million international-$ in 2021 prices in 2018.
How does Guinea-Bissau rank for total shortfall from extreme poverty?
Guinea-Bissau ranks 45th out of 120 countries with data for 2021.
Is total shortfall from extreme poverty rising or falling in Guinea-Bissau?
Over the last ten years it is down 60.4%. The long-run trend across the full record is flat.
Where does this Guinea-Bissau data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Total shortfall from extreme poverty. Statizoid updates them automatically from the source API.

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Total shortfall from extreme poverty in Guinea-Bissau. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 07 November 2026, from https://poverty.statizoid.com/stat/total-shortfall-from-extreme-poverty/guinea-bissau/

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About this data

Indicator
Total shortfall from extreme poverty
Unit
international-$ in 2021 prices
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,152 data points, 1963–2025
Last refreshed

This is the amount of money that would be theoretically needed to lift the income or consumption of all people in poverty up to $3 per day. However, this is not a measure of the actual cost of eliminating poverty, since it does not take into account the costs involved in making the necessary transfers nor any changes in behavior they would bring about.