Guinea-Bissau
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Guinea-Bissau

Republic of Guinea-Bissau

Economic Overview

Guinea-Bissau's economy depends mainly on farming and fishing, but it has good prospects for development in forestry and mineral extraction. Cashew nut production is the backbone of the economy, providing export revenue and income for most farmers.

Exports & Trade

Cashew nuts (accounting for up to 90% of export earnings), fish, shrimp, peanuts, palm kernels, sawn lumber.

Macroeconomic Data

Capital City
Bissau
Population
2,015,490
Currency
West African CFA franc (XOF)
Languages
Portuguese (official), Crioulo, African languages
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