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Country or Region: Guinea Bissau › Change country
Economic Indicator: Current Account Balance (US Dollars) › See all Guinea Bissau indicators, › See Current Account Balance (US Dollars) data for all countries
Detailed Analysis for Year: 2010 › Change year
Full Dataset: from 1980 to 2016
Dataset updated: 1st August 2011
Data Source: International Monetary Fund (IMF)
National or Regional Currency: Central African Franc
Currency Symbol: XAF

Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income. Source: Central Bank. Central Bank of West African States (BCEAO). Latest actual data: 2009 Notes: Data prior to 1997 cannot be confirmed by national sources at this time. BOP Manual used: BPM 6 Primary domestic currency: CFA francs Data last updated: 03/2011

Current Account Balance (US Dollars) for Guinea Bissau in year 2010 is US$ -0.052 Billion

This makes Guinea Bissau No. 64 in world rankings according to Current Account Balance (US Dollars) in year 2010. The world's average Current Account Balance (US Dollars) value is US$ 6.76 Billion; Guinea Bissau is US$ 6.81 less than the average.

In the previous year, 2009, Current Account Balance (US Dollars) for Guinea Bissau was US$ -0.05 Billion Current Account Balance (US Dollars) for Guinea Bissau in 2010 was or will be 4.00% more than it was or will be in 2009.

In the following or forecasted year, 2011, Current Account Balance (US Dollars) for Guinea Bissau was or will be US$-0.05 Billion, which is 1.92% less than the 2010 figure.