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Country or Region: Guinea › Change country
Economic Indicator: Current Account Balance (US Dollars) › See all Guinea 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: 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. Source: Central Bank. And Ministry of Planning Latest actual data: 2009 Notes: Data prior to 1995 cannot be confirmed by national sources at this time. BOP Manual used: BPM 6 Primary domestic currency: Guinean francs Data last updated: 03/2011

Current Account Balance (US Dollars) for Guinea in year 2010 is US$ -0.588 Billion

This makes Guinea No. 104 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 is US$ 7.35 less than the average.

In the previous year, 2009, Current Account Balance (US Dollars) for Guinea was US$ -0.49 Billion Current Account Balance (US Dollars) for Guinea in 2010 was or will be 19.27% more than it was or will be in 2009.

In the following or forecasted year, 2011, Current Account Balance (US Dollars) for Guinea was or will be US$-0.53 Billion, which is 9.35% less than the 2010 figure.