Guinea Current Account to GDP 1986-2014 | Data | Chart | Calendar

Guinea recorded a Current Account deficit of 20.20 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Guinea averaged -8.36 Percent from 1986 until 2013, 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

Actual Previous Highest Lowest Dates Unit Frequency
-20.20 -33.90 -0.30 -33.90 1986 - 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 Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Guinea Current Account to GDP - was last refreshed on Sunday, October 26, 2014.

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 -20.20 -33.90 -0.30 -33.90 Percent [+]