🇬🇼XOF Economy
Guinea-Bissau Salary & Tax Guide
Cashew exports dominate the economy
Average Gross Salary
$1,300 / yr
Average Net Take-Home
$1,150 / yr
Top Marginal Tax Bracket
30%
Cost of Living Index
27 (US=100)
Economic & Employment Overview
Professionals in Guinea-Bissau typically earn $1,300 gross per year and keep roughly $1,150 after tax and mandatory contributions. Cashew exports dominate the economy. Living costs sit at an index of 27 against a New York baseline of 100.
Leading Industries & Tech Sectors
CashewRiceFishing
Immigration & Expat Work Permits
Newcomers usually settle first in Bissau or Gabu, where Cashew employers sponsor most international relocations. Work authorisations via investment contracts
Major Economic Centers: Bissau, Gabu, Bafata
Tax System Breakdown
Single Filer ModelProgressive rates reaching 30%. The top marginal statutory rate is 30%.
Sample Benchmark at Average Gross ($1,300 USD):
| Gross Salary | $1,300 |
| Total Income Tax Paid | $325 |
| Social Contributions / Payroll | $104 |
| Net Annual Take-Home | $871 |
| Effective Tax Rate | 33.0% |