Guinea Bissau Current Account to GDP 1982-2014 | Data | Chart | Calendar

Guinea Bissau recorded a Current Account deficit of 6.60 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Guinea Bissau averaged -19.33 Percent from 1982 until 2013, reaching an all time high of 2.65 Percent in 2004 and a record low of -52.69 Percent in 1985. Current Account to GDP in Guinea Bissau is reported by the Central Bank of West African States (BCEAO).


Guinea Bissau Current Account to GDP

Actual Previous Highest Lowest Dates Unit Frequency
-6.60 -9.50 2.65 -52.69 1982 - 2013 percent Yearly
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Guinea Bissau Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Guinea Bissau Current Account to GDP - was last refreshed on Sunday, November 23, 2014.

Guinea Bissau Trade Last Previous Highest Lowest Unit
Balance of Trade -14.60 -28.60 9.30 -45.90 CFA Franc Million [+]
Exports 51.60 58.10 61.80 1.70 CFA Franc Million [+]
Imports 66.20 86.70 86.70 12.40 CFA Franc Million [+]
Current Account -42.49 -6.63 9.44 -42.49 CFA Franc Billion [+]
Current Account to GDP -6.60 -9.50 2.65 -52.69 percent [+]