Guinea Current Account Balance (% GDP) Statistics

15, Dec 2019, EST.

Welcome to the beta version of Econ Stats, the Economic Statistics Database service provided by EconomyWatch.com.

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: 2015 › Change year
Full Dataset: from 1980 to 2019
Dataset updated: 17th March 2015
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 2015 - In Detail

Current Account Balance (% GDP) for Guinea in year 2015 is -22.446 %. 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 No. 179 in world rankings according to Current Account Balance (% GDP) in year 2015. The world's average Current Account Balance (% GDP) value is -4.12 %; Guinea is 18.33 less than the average.

In the previous year, 2014, Current Account Balance (% GDP) for Guinea was -25.65 % Current Account Balance (% GDP) for Guinea in 2015 was or will be 12.49% less than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (% GDP) for Guinea was or will be -13.53 %, which is 39.73% less than the 2015 figure.

* Source: IMF
Current Account Balance (% GDP) for Guinea, in other Years
Year %
  2021 -45.032
  2020 -47.672
  2019 -48.595
  2018 -30.709
  2017 -25.454
  2016 -13.528
2015 -22.446
  2014 -25.651
  2013 -26.844
  2012 -26.018
  2011 -25.129
  2010 -9.278
  2009 -8.24
  2008 -10.159
  2007 -11.096
  2006 -4.511
  2005 -1.284
  2004 -2.504
  2003 -0.068
  2002 -0.011
  2001 0.439
  2000 -4.106
  1999 -7.383
  1998 -8.915
  1997 -6.35
  1996 -8.541
  1995 -7.372
  1994 -7.103
  1993 -6.053
  1992 -7.23
  1991 -7.294
  1990 -9.964
  1989 -7.39
  1988 -9.292
  1987 -1.874
  1986 -6.444
  1985 -2.285
  1984 -0.368
  1983 -0.167
  1982 -5.081
  1981 -4.294
  1980 3.128