Market Research In Guinea-Bissau

Guinea-Bissau Profile:

  • Guinea-Bissau, officially the Republic of Guinea-Bissau, is a country in West Africa and is divided into eight regions and one autonomous sector.
  • Guinea-Bissau is a member of the United Nations, African Union, Economic Community of West African States, Organisation of Islamic Cooperation, Community of Portuguese Language Countries, La Francophonie and the South Atlantic Peace and Cooperation Zone, and was a member of the now–defunct Latin Union.
  • Diversification of the economy remains a key policy goal, but Guinea-Bissau’s poor infrastructure and business climate will constrain this effort.
  • Guinea-Bissau follows a nonaligned foreign policy and seeks friendly and cooperative relations with a wide variety of states and organizations.
  • The country is participating in a three-year, IMF extended credit facility program that was suspended because of a planned bank bailout. The program was renewed in 2017, but the major donors of direct budget support (the EU, World Bank, and African Development Bank) have halted their programs indefinitely.

Guinea-Bissau Economy:

  • Guinea-Bissau is highly dependent on subsistence agriculture, cashew nut exports, and foreign assistance.
  • The legal economy is based on cashews and fishing. Illegal logging and trafficking in narcotics also play significant roles.
  • Cashews generate more than 80% of export receipts and are the main source of income for many rural communities.
  • The combination of limited economic prospects, weak institutions, and favourable geography have made this West African country a way station for drugs bound for Europe.
  • Two out of three Bissau-Guineans remain below the absolute poverty line

Guinea-Bissau Facts:

  • Population: 1.8 million
  • Capital: Bissau
  • Largest city: Bissau
  • Area: 36,125 sq km
  • Major language: Crioulo (lingua franca), Portuguese (official), Pular, Mandingo
  • Major religion: Muslim 45.1%, Christian 22.1%, animist 14.9%, none 2%, unspecified 15.9%
  • Life expectancy: 48.9 years (Male), 53.1 years (Female)
  • Monetary unit: 1 Franc CFA(XOF) = 100 centimes
  • Main exports: Fish, shrimp; cashews, peanuts, palm kernels, raw and sawn lumber
  • GNI per Capita: $1,550

Our Market Research Services in Guinea-Bissau:

We Employ A Wide Range of Research Techniques in Guinea-Bissau:

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