Wealth share of the richest 1% in Guinea-Bissau

Guinea-Bissau: Wealth share of the richest 1% was 23.9% in 2024. ▼ Falling

Latest (2024)
23.9%
Change on year
up 0.0%
World rank
174th
of 215 countries
All-time high
39.2%
in 2010
All-time low
23.8%
in 2022
Years of data
45
1980–2024

Wealth share of the richest 1% in Guinea-Bissau, 1980–2024

0102030401980200220241980: 39.1 %1981: 39.1 %1982: 39.1 %1983: 39.1 %1984: 39.1 %1985: 39.1 %1986: 39.1 %1987: 39.1 %1988: 39.1 %1989: 39.1 %1990: 39.1 %1991: 39.1 %1992: 36.3 %1993: 30.6 %1994: 30 %1995: 29.1 %1996: 28.4 %1997: 27.5 %1998: 26.6 %1999: 26.1 %2000: 25.6 %2001: 25.2 %2002: 24.8 %2003: 25.8 %2004: 26.9 %2005: 28.9 %2006: 30.5 %2007: 32.4 %2008: 36.4 %2009: 38.4 %2010: 39.2 %2011: 38.4 %2012: 36.1 %2013: 31.9 %2014: 30.3 %2015: 28.6 %2016: 26.4 %2017: 25.4 %2018: 24.5 %2019: 24.3 %2020: 24.1 %2021: 23.9 %2022: 23.8 %2023: 23.8 %2024: 23.9 %

Source: World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Measured in %.

Analysis

The most recent figure for wealth share of the richest 1% in Guinea-Bissau is 23.9%, measured in 2024.

The figure is down 21.3% over ten years.

Over the whole period, wealth share of the richest 1% in Guinea-Bissau peaked at 39.2% in 2010 and was at its lowest, 23.8%, in 2022.

Guinea-Bissau ranks 174th of 215 countries on this measure, in the bottom quarter.

The long-run direction has been consistently falling across the 45 years of available data.

Wealth share of the richest 1% in Guinea-Bissau, year by year

Annual values for Wealth share of the richest 1% in Guinea-Bissau, 1980 to 2024.
Year % Change
1980 39.1%
1981 39.1% +0.0%
1982 39.1% +0.1%
1983 39.1% -0.1%
1984 39.1% +0.1%
1985 39.1% -0.1%
1986 39.1% +0.0%
1987 39.1% -0.1%
1988 39.1% +0.0%
1989 39.1% +0.1%
1990 39.1% +0.0%
1991 39.1% -0.1%
1992 36.3% -7.1%
1993 30.6% -15.8%
1994 30.0% -1.9%
1995 29.1% -3.0%
1996 28.4% -2.2%
1997 27.5% -3.3%
1998 26.6% -3.3%
1999 26.1% -2.0%
2000 25.6% -1.6%
2001 25.2% -1.8%
2002 24.8% -1.7%
2003 25.8% +4.0%
2004 26.9% +4.4%
2005 28.9% +7.7%
2006 30.5% +5.4%
2007 32.4% +6.0%
2008 36.4% +12.6%
2009 38.4% +5.4%
2010 39.2% +2.1%
2011 38.4% -2.1%
2012 36.1% -5.9%
2013 31.9% -11.8%
2014 30.3% -5.0%
2015 28.6% -5.8%
2016 26.4% -7.4%
2017 25.4% -4.2%
2018 24.5% -3.2%
2019 24.3% -0.9%
2020 24.1% -0.9%
2021 23.9% -1.0%
2022 23.8% -0.0%
2023 23.8% +0.0%
2024 23.9% +0.0%

Guinea-Bissau compared with similar countries

  • Guinea-Bissau's 23.9% is below the median for low income countries, which is 25.9%, 92% of the median. (25 countries reporting)
  • Guinea-Bissau's 23.9% is below the median for Sub-Saharan Africa, which is 26.3%, 91% of the median. (48 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 39.1% 39.1% 39.1% 10
1990s 31.3% 26.1% 39.1% 10
2000s 29.5% 24.8% 38.4% 10
2010s 30.5% 24.3% 39.2% 10
2020s 23.9% 23.8% 24.1% 5

Countries ranked near Guinea-Bissau

  1. 171 Tajikistan 23.9% compare
  2. 172 Bhutan 23.9% compare
  3. 172 Macao 23.9% compare
  4. 174 Bangladesh 23.9% compare
  5. 176 Serbia 23.7% compare
  6. 177 Australia 23.7% compare

See the full ranking of 215 places →

More reference data data for Guinea-Bissau

All data for Guinea-Bissau →

Frequently asked questions

What is wealth share of the richest 1% in Guinea-Bissau?
Wealth share of the richest 1% in Guinea-Bissau was 23.9% in 2024, according to World Inequality Database (WID.world) (2026) – with major processing by Our World in Data.
What is the highest wealth share of the richest 1% recorded in Guinea-Bissau?
The highest recorded value was 39.2% in 2010.
What is the lowest wealth share of the richest 1% recorded in Guinea-Bissau?
The lowest recorded value was 23.8% in 2022.
How does Guinea-Bissau rank for wealth share of the richest 1%?
Guinea-Bissau ranks 174th out of 215 countries with data for 2024.
Is wealth share of the richest 1% rising or falling in Guinea-Bissau?
Over the last ten years it is down 21.3%. The long-run trend across the full record is falling.
Where does this Guinea-Bissau data come from?
The figures come from World Inequality Database (WID.world) (2026) – with major processing by Our World in Data, published as part of Wealth share of the richest 1%. Statizoid updates them automatically from the source API.

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Wealth share of the richest 1% in Guinea-Bissau. Statizoid, drawing on World Inequality Database (WID.world) (2026) – with major processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/wealth-share-richest/guinea-bissau/

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About this data

Indicator
Wealth share of the richest 1%
Unit
%
Source
World Inequality Database (WID.world) (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
215 places, 10,553 data points, 1800–2024
Last refreshed

Share of wealth owned by the richest 1% of the population. Wealth is defined as the total value of non-financial and financial assets (housing, land, deposits, bonds, equities, etc.) held by households, minus their debts.