Equatorial Guinea recorded a Current Account deficit of 14.40 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Equatorial Guinea averaged -17.53 percent from 1987 until 2018, reaching an all time high of 27.40 percent in 2006 and a record low of -112.90 percent in 1996.

Current Account to GDP in Equatorial Guinea is expected to be -5.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Equatorial Guinea Current Account to GDP is projected to trend around -8.00 percent in 2020, according to our econometric models.

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Equatorial Guinea Current Account to GDP
Equatorial Guinea Trade Last Previous Highest Lowest Unit
Current Account -539.80 -864.20 722.10 -1497.00 CFA Franc Billion [+]
Current Account to GDP -14.40 -28.60 27.40 -112.90 percent [+]
Crude Oil Production 171.00 146.00 393.00 2.60 BBL/D/1K [+]
Terrorism Index 0.00 0.00 1.81 0.00 [+]


Equatorial Guinea Current Account to GDP

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 - Equatorial Guinea Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Equatorial Guinea Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on November of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
-14.40 -28.60 27.40 -112.90 1987 - 2018 percent Yearly




Country Last Previous
Singapore 17.70 Dec/18 16
Netherlands 11.20 Dec/18 10.8
Switzerland 10.20 Dec/18 6.7
Saudi Arabia 9.20 Dec/18 1.5
Germany 7.60 Dec/18 8.3
Russia 7.00 Dec/18 2.1
South Korea 4.70 Dec/18 4.9
Japan 3.50 Dec/18 4
Euro Area 3.10 Dec/18 3.1
Italy 2.60 Dec/18 2.7
Spain 1.90 Dec/18 2.7
China 0.40 Dec/18 1.3
France -0.60 Dec/18 -0.6
Brazil -0.77 Dec/18 -0.35
Australia -1.50 Dec/18 -3.4
Mexico -1.80 Dec/18 -1.7
India -2.30 Dec/18 -1.9
United States -2.40 Dec/18 -2.3
Canada -2.60 Dec/18 -2.8
Indonesia -3.00 Dec/18 -1.6
Turkey -3.50 Dec/18 -5.6
South Africa -3.60 Dec/18 -2.5
United Kingdom -4.30 Dec/18 -3.5
Argentina -5.40 Dec/18 -4.9


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