Current account balance (World Bank) — all countries

Current account balance (World Bank) — Guinea-Bissau

Current account balance (World Bank) in Guinea-Bissau in 2024 — -7.36%. Ranked 135 in the world out of 165. Since 1982, the indicator has risen by 11.12 pp.

2024 -7.36% +0.35 pp vs 2023
World rank 135of 165
Period maximum 2.38%2004
Period minimum -20.27%1985

Trend over time

1982–2024 · % of GDP

Current account balance (World Bank) — Guinea-Bissau, 1982–2024-30-20-100101982198719921997200220072012201720221982: -18.48%1983: -16.93%1984: -18.2%1985: -20.27%1986: -14.74%1987: -9.98%1988: -13.05%1989: -14.47%1990: -7.14%1991: -11.28%1992: -16.49%1993: -10.07%1994: -7.5%1995: -5.33%1996: -6.33%1997: -0.91%2001: -2.7%2002: -0.27%2003: -0.05%2004: 2.38%2005: -1.64%2006: -6.31%2007: -4.07%2008: -3.02%2009: -5.35%2010: -7.53%2011: -1.21%2012: -7.93%2013: -4.73%2014: 0.56%2015: 1.82%2016: 1.36%2017: 0.26%2018: -3.48%2019: -7.98%2020: -2.27%2021: -0.74%2022: -7.9%2023: -7.71%2024: -7.36%
Change over the period: +11.12 pp Annual average: 0.26 pp

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Guinea-Bissau

Guinea-Bissau -7.36%
World computed 0.39%
Sub-Saharan Africa computed -0.73%
Western Africa computed 2.01%
Current account balance (World Bank) — Guinea-Bissau, by year Guinea-Bissau All countries CSV XLSX
Year % Change, pp
2024 -7.36 +0.35 pp
2023 -7.71 +0.19 pp
2022 -7.9 −7.16 pp
2021 -0.74 +1.53 pp
2020 -2.27 +5.71 pp
2019 -7.98 −4.5 pp
2018 -3.48 −3.75 pp
2017 0.26 −1.1 pp
2016 1.36 −0.45 pp
2015 1.82 +1.26 pp
2014 0.56 +5.29 pp
2013 -4.73 +3.2 pp
2012 -7.93 −6.72 pp
2011 -1.21 +6.32 pp
2010 -7.53 −2.18 pp
2009 -5.35 −2.33 pp
2008 -3.02 +1.05 pp
2007 -4.07 +2.24 pp
2006 -6.31 −4.67 pp
2005 -1.64 −4.02 pp
2004 2.38 +2.43 pp
2003 -0.05 +0.22 pp
2002 -0.27 +2.43 pp
2001 -2.7
1997 -0.91 +5.41 pp
1996 -6.33 −1 pp
1995 -5.33 +2.17 pp
1994 -7.5 +2.56 pp
1993 -10.07 +6.42 pp
1992 -16.49 −5.21 pp
1991 -11.28 −4.14 pp
1990 -7.14 +7.33 pp
1989 -14.47 −1.42 pp
1988 -13.05 −3.07 pp
1987 -9.98 +4.76 pp
1986 -14.74 +5.53 pp
1985 -20.27 −2.07 pp
1984 -18.2 −1.26 pp
1983 -16.93 +1.54 pp
1982 -18.48

About the indicator

The current account balance of the balance of payments as a percent of GDP from World Bank data. It duplicates the IMF indicator in meaning but rests on a different source and carries no forecast part — useful for cross-checking: noticeable divergences between the two series usually point to a revision of the statistics.

Source: World Development Indicators (World Bank), license CC BY 4.0.