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Guinea Current Account Balance (% GDP) Statistics

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Country or Region: Guinea › Change country
Economic Indicator: Current Account Balance (% GDP) › See all Guinea indicators, › See Current Account Balance (% GDP) 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: Ekwele
Currency Symbol: GQE

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. See notes for: Gross domestic product, current prices (National currency) Current account balance (U.S. dollars).

Current Account Balance (% GDP) Statistics for Guinea , Year 2010 - In Detail

Current Account Balance (% GDP) for Guinea in year 2010 is -12.689 %

This makes Guinea No. 157 in world rankings according to Current Account Balance (% GDP) in year 2010. The world's average Current Account Balance (% GDP) value is -2.68 %; Guinea is 10.01 less than the average.

In the previous year, 2009, Current Account Balance (% GDP) for Guinea was -10.83 % Current Account Balance (% GDP) for Guinea in 2010 was or will be 17.21% more than it was or will be in 2009.

In the following or forecasted year, 2011, Current Account Balance (% GDP) for Guinea was or will be -11.44 %, which is 9.87% less than the 2010 figure.

* Source: IMF
Current Account Balance (% GDP) for Guinea, in other Years
Year %
  2016 -14.411
  2015 -16.805
  2014 -17.052
  2013 -14.07
  2012 -12.059
  2011 -11.436
2010 -12.689
  2009 -10.826
  2008 -7.497
  2007 -10.253
  2006 7.008
  2005 -0.445
  2004 -2.759
  2003 -0.821
  2002 -2.462
  2001 -2.683
  2000 -6.431
  1999 -6.895
  1998 -8.465
  1997 -7.113
  1996 -8.54
  1995 -7.371
  1994 -7.102
  1993 -6.052
  1992 -7.229
  1991 -7.293
  1990 -9.962
  1989 -8.683
  1988 -12.537
  1987 -7.468
  1986 -6.845
  1985 -2.285
  1984 -0.368
  1983 -0.167
  1982 -5.08
  1981 -4.293
  1980 3.128