Current account balance (World Bank) — all countries

Current account balance (World Bank) — Guinea

Current account balance (World Bank) in Guinea in 2024 — -1.57%. Ranked 90 in the world out of 165. Since 1986, the indicator has risen by 2.69 pp.

2024 -1.57% −10.05 pp vs 2023
World rank 90of 165
Period maximum 27.18%2021
Period minimum -31.93%2016

Trend over time

1986–2024 · % of GDP

Current account balance (World Bank) — Guinea, 1986–2024-40-2002040198619901994199820022006201020142018202220241986: -4.26%1987: -1.28%1988: -6.37%1989: -5.07%1990: -5.22%1991: -6.57%1992: -5.49%1993: -1.19%1994: -5.03%1995: -4.02%1996: -3.14%1997: -1.65%1998: -2.95%1999: -3.98%2000: -3.21%2001: -1.44%2002: -4.64%2003: -3.69%2004: -3.06%2005: -3.74%2006: -5.25%2007: -7.24%2008: -6.29%2009: -6.01%2010: -4.77%2011: -17.12%2012: -13.6%2013: -14.2%2014: -11.18%2015: -11.6%2016: -31.93%2017: 5.03%2018: -1.61%2019: -2.34%2020: 19.06%2021: 27.18%2022: 16.83%2023: 8.48%2024: -1.57%
Change over the period: +2.69 pp Annual average: 0.07 pp

Comparison, 2024

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

Guinea -1.57%
World computed 0.39%
Sub-Saharan Africa computed -0.73%
Western Africa computed 2.01%
Current account balance (World Bank) — Guinea, by year Guinea All countries CSV XLSX
Year % Change, pp
2024 -1.57 −10.05 pp
2023 8.48 −8.34 pp
2022 16.83 −10.35 pp
2021 27.18 +8.12 pp
2020 19.06 +21.4 pp
2019 -2.34 −0.73 pp
2018 -1.61 −6.64 pp
2017 5.03 +36.96 pp
2016 -31.93 −20.33 pp
2015 -11.6 −0.42 pp
2014 -11.18 +3.02 pp
2013 -14.2 −0.61 pp
2012 -13.6 +3.52 pp
2011 -17.12 −12.35 pp
2010 -4.77 +1.24 pp
2009 -6.01 +0.29 pp
2008 -6.29 +0.94 pp
2007 -7.24 −1.99 pp
2006 -5.25 −1.5 pp
2005 -3.74 −0.68 pp
2004 -3.06 +0.62 pp
2003 -3.69 +0.95 pp
2002 -4.64 −3.2 pp
2001 -1.44 +1.76 pp
2000 -3.21 +0.78 pp
1999 -3.98 −1.03 pp
1998 -2.95 −1.3 pp
1997 -1.65 +1.49 pp
1996 -3.14 +0.88 pp
1995 -4.02 +1.01 pp
1994 -5.03 −3.84 pp
1993 -1.19 +4.3 pp
1992 -5.49 +1.08 pp
1991 -6.57 −1.35 pp
1990 -5.22 −0.15 pp
1989 -5.07 +1.3 pp
1988 -6.37 −5.09 pp
1987 -1.28 +2.97 pp
1986 -4.26

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.