Guinea Current Account to GDP  1986-2016 | Data | Chart | Calendar

Guinea recorded a Current Account deficit of 17.10 percent of the country's Gross Domestic Product in 2014. Current Account to GDP in Guinea averaged -8.66 percent from 1986 until 2014, reaching an all time high of -0.30 percent in 2003 and a record low of -33.90 percent in 2012. Current Account to GDP in Guinea is reported by the Central Bank of Republic of Guinea.

Guinea Current Account to GDP
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Actual Previous Highest Lowest Dates Unit Frequency
-17.10 -20.20 -0.30 -33.90 1986 - 2014 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 Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guinea Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Guinea Trade Last Previous Highest Lowest Unit
Balance of Trade -103.83 -58.20 164.37 -524.00 USD Million [+]
Exports 380.30 290.51 1471.17 120.92 USD Million [+]
Imports 484.13 348.71 1398.49 321.74 USD Million [+]
Current Account -321.96 -215.57 -8.95 -675.34 USD Million [+]
Current Account to GDP -17.10 -20.20 -0.30 -33.90 percent [+]
Terrorism Index 1.19 1.85 4.22 0.00 [+]




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