Guinea Bissau Current Account Balance (US Dollars) Statistics

16, Jun 2019, EDT.

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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: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
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: 2014 Notes: Data prior to 1997 cannot be confirmed by national sources at this time. BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6). The conversion is minimal. It maps AFR codes to WEO codes. Primary domestic currency: CFA franc Data last updated: 03/2016

Current Account Balance (US Dollars) Statistics for Guinea Bissau , Year 2015 - In Detail

Current Account Balance (US Dollars) for Guinea Bissau in year 2015 is US$ -0.01 Billion. 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.

This makes Guinea Bissau No. 55 in world rankings according to Current Account Balance (US Dollars) in year 2015. The world's average Current Account Balance (US Dollars) value is US$ 7.04 Billion; Guinea Bissau is US$ 7.05 less than the average.

In the previous year, 2014, Current Account Balance (US Dollars) for Guinea Bissau was US$ -0.04 Billion Current Account Balance (US Dollars) for Guinea Bissau in 2015 was or will be 73.68% less than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (US Dollars) for Guinea Bissau was or will be US$0.02 Billion, which is 300.00% less than the 2015 figure.

* Source: IMF
Current Account Balance (US Dollars) for Guinea Bissau, in other Years
Year US$ Billion
  2021 -0.075
  2020 -0.079
  2019 -0.052
  2018 -0.028
  2017 -0.012
  2016 0.02
2015 -0.01
  2014 -0.038
  2013 -0.076
  2012 -0.117
  2011 -0.047
  2010 -0.073
  2009 -0.044
  2008 -0.022
  2007 -0.022
  2006 -0.026
  2005 --
  2004 0.022
  2003 0.008
  2002 0.005
  2001 0.018
  2000 0.044
  1999 0.016
  1998 -0.025
  1997 -0.018
  1996 -0.044
  1995 -0.035
  1994 -0.046
  1993 -0.062
  1992 -0.097
  1991 -0.075
  1990 -0.045
  1989 -0.08
  1988 -0.056
  1987 -0.045
  1986 -0.05
  1985 -0.076
  1984 -0.066
  1983 -0.072
  1982 -0.08
  1981 -0.039
  1980 -0.061