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Current account balance — all countries

Current account balance — Guinea

Current account balance in Guinea in 2031 — -1.4%. Ranked 85 in the world out of 188. Since 1980, the indicator has fallen by 3.6 pp.

2031 -1.4% +0.8 pp vs 2030
World rank 85of 188
Period maximum 4.1%2021
Period minimum -30.7%2016

Trend over time

1980–2031 · % of GDP

Current account balance — Guinea, 1980–2031-40-30-20-1001019801986199219982004201020162022202820311980: 2.2%1981: -3.1%1982: -3.7%1983: -0.1%1984: -0.3%1985: -1.6%1986: -4.6%1987: -1.3%1988: -6.7%1989: -5.3%1990: -7.2%1991: -5.2%1992: -5.2%1993: -4.3%1994: -5.1%1995: -5.3%1996: -6.2%1997: -4.6%1998: -6.4%1999: -5.3%2000: -3%2001: 0.3%2002: 0%2003: 0%2004: -1.8%2005: -0.8%2006: -3.1%2007: -7.3%2008: -6.6%2009: -5.6%2010: -6.4%2011: -16.3%2012: -19.7%2013: -12.5%2014: -14.4%2015: -12.5%2016: -30.7%2017: -6.7%2018: -18.5%2019: -15.5%2020: -16.1%2021: 4.1%2022: -5.7%2023: -9.7%2024: -14.7%2025: -22.3%2026: -3.6%2027: 0.1%2028: 0.2%2029: -0.9%2030: -2.2%2031: -1.4%
Change over the period: −3.6 pp Annual average: -0.07 pp

Comparison, 2031

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

Guinea -1.4%
World computed 0.28%
Sub-Saharan Africa computed -1.15%
Western Africa computed 1.16%
Lower-middle-income countries computed -1.75%
Current account balance — Guinea, by year Guinea All countries CSV XLSX
Year % Change, pp
2031 -1.4 +0.8 pp
2030 -2.2 −1.3 pp
2029 -0.9 −1.1 pp
2028 0.2 +0.1 pp
2027 0.1 +3.7 pp
2026 -3.6 +18.7 pp
2025 -22.3 −7.6 pp
2024 -14.7 −5 pp
2023 -9.7 −4 pp
2022 -5.7 −9.8 pp
2021 4.1 +20.2 pp
2020 -16.1 −0.6 pp
2019 -15.5 +3 pp
2018 -18.5 −11.8 pp
2017 -6.7 +24 pp
2016 -30.7 −18.2 pp
2015 -12.5 +1.9 pp
2014 -14.4 −1.9 pp
2013 -12.5 +7.2 pp
2012 -19.7 −3.4 pp
2011 -16.3 −9.9 pp
2010 -6.4 −0.8 pp
2009 -5.6 +1 pp
2008 -6.6 +0.7 pp
2007 -7.3 −4.2 pp
2006 -3.1 −2.3 pp
2005 -0.8 +1 pp
2004 -1.8 −1.8 pp
2003 0 +0 pp
2002 0 −0.3 pp
2001 0.3 +3.3 pp
2000 -3 +2.3 pp
1999 -5.3 +1.1 pp
1998 -6.4 −1.8 pp
1997 -4.6 +1.6 pp
1996 -6.2 −0.9 pp
1995 -5.3 −0.2 pp
1994 -5.1 −0.8 pp
1993 -4.3 +0.9 pp
1992 -5.2 +0 pp
1991 -5.2 +2 pp
1990 -7.2 −1.9 pp
1989 -5.3 +1.4 pp
1988 -6.7 −5.4 pp
1987 -1.3 +3.3 pp
1986 -4.6 −3 pp
1985 -1.6 −1.3 pp
1984 -0.3 −0.2 pp
1983 -0.1 +3.6 pp
1982 -3.7 −0.6 pp
1981 -3.1 −5.3 pp
1980 2.2 —

Western Africa, 2031

The same indicator for neighboring countries — with links to their pages

BF Burkina Faso 5.5 GH Ghana 4.9 NG Nigeria 3.3 ML Mali 0.8 GN Guinea -1.4 TG Togo -1.7 NE Niger -2 CV Cabo Verde -2.3 GM Gambia -2.3 CI Côte d'Ivoire -2.5 SL Sierra Leone -3 BJ Benin -4 GW Guinea-Bissau -4 SN Senegal -5.3 MR Mauritania -6.3 LR Liberia -14.3
Full table for all countries

About the indicator

The current account balance of the balance of payments as a percent of GDP: trade in goods and services, primary income (interest, dividends, compensation of employees) and secondary income (transfers). A surplus means a country earns more abroad than it spends and is building up external assets; a persistent deficit has to be financed by an inflow of capital.

Source: World Economic Outlook (IMF), license IMF open data.

Other indicators for Guinea

Finance Current account balance in US dollars

How much more a country receives from abroad than it pays out there. A minus means it pays more.

Guinea by year Finance Current account balance (World Bank)

The current account balance as a percent of GDP from World Bank data.

Guinea by year Trade Trade openness

Exports plus imports as a percent of GDP — total foreign trade turnover.

Guinea by year Finance International reserves

The gold and foreign exchange reserves of a country in US dollars.

Guinea by year
All indicators for Guinea