Guinea Current Account Balance (US Dollars) Statistics

09, Dec 2019, EST.

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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: 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. Source: Central Bank. And Ministry of Planning Latest actual data: 2014 Notes: Data prior to 1995 cannot be confirmed by national sources at this time. BOP Manual used: Balance of Payments and International Investment Position Manual, sixth edition (BPM6) Primary domestic currency: Guinean franc Data last updated: 03/2016

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

Current Account Balance (US Dollars) for Guinea in year 2015 is US$ -1.503 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 No. 132 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 is US$ 8.54 less than the average.

In the previous year, 2014, Current Account Balance (US Dollars) for Guinea was US$ -1.72 Billion Current Account Balance (US Dollars) for Guinea in 2015 was or will be 12.51% less than it was or will be in 2014.

In the following or forecasted year, 2016, Current Account Balance (US Dollars) for Guinea was or will be US$-0.89 Billion, which is 40.85% less than the 2015 figure.

* Source: IMF
Current Account Balance (US Dollars) for Guinea, in other Years
Year US$ Billion
  2021 -4.288
  2020 -4.178
  2019 -3.909
  2018 -2.273
  2017 -1.758
  2016 -0.889
2015 -1.503
  2014 -1.718
  2013 -1.645
  2012 -1.458
  2011 -1.109
  2010 -0.44
  2009 -0.382
  2008 -0.459
  2007 -0.461
  2006 -0.131
  2005 -0.038
  2004 -0.092
  2003 -0.002
  2002 --
  2001 0.012
  2000 -0.123
  1999 -0.256
  1998 -0.32
  1997 -0.24
  1996 -0.33
  1995 -0.272
  1994 -0.24
  1993 -0.198
  1992 -0.237
  1991 -0.22
  1990 -0.266
  1989 -0.18
  1988 -0.222
  1987 -0.038
  1986 -0.124
  1985 -0.041
  1984 -0.006
  1983 -0.003
  1982 -0.085
  1981 -0.073
  1980 0.054