Population, Total for Guinea-Bissau
POPTOTGWA647NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,201,352.00
Year-over-Year Change
33.30%
Date Range
1/1/1960 - 1/1/2024
Summary
The 'Population, Total for Guinea-Bissau' economic trend measures the total population of Guinea-Bissau over time. This key indicator is widely used by economists and policymakers to analyze demographic shifts and support economic planning.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series represents the total population of Guinea-Bissau, including all residents regardless of legal status or citizenship. The data is compiled annually by the World Bank based on official national statistics and census results, providing a comprehensive overview of the country's population size and growth.
Methodology
The data is calculated from national censuses and population registers maintained by the Government of Guinea-Bissau.
Historical Context
Population data is critical for informing economic, social, and environmental policies in Guinea-Bissau and the broader West African region.
Key Facts
- Guinea-Bissau's population reached 1.9 million in 2020.
- The population has grown by over 50% since 2000.
- Over 40% of the population is under the age of 14.
FAQs
Q: What does this economic trend measure?
A: The 'Population, Total for Guinea-Bissau' series measures the total population of Guinea-Bissau, including all residents regardless of legal status or citizenship.
Q: Why is this trend relevant for users or analysts?
A: Population data is critical for informing economic, social, and environmental policies in Guinea-Bissau and the broader West African region.
Q: How is this data collected or calculated?
A: The data is calculated from national censuses and population registers maintained by the Government of Guinea-Bissau.
Q: How is this trend used in economic policy?
A: Population data is used by policymakers, economists, and institutions to analyze demographic shifts and support economic planning in Guinea-Bissau.
Q: Are there update delays or limitations?
A: The data is published annually, with some potential delays in reporting from national sources.
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Citation
U.S. Federal Reserve, Population, Total for Guinea-Bissau (POPTOTGWA647NWDB), retrieved from FRED.