Guinea recorded a Current Account deficit of 1.55 percent of the country's Gross Domestic Product in 2024. Current Account to GDP in Guinea averaged -3.44 percent of GDP from 1986 until 2024, reaching an all time high of 27.18 percent of GDP in 2021 and a record low of -31.93 percent of GDP in 2016. source: World Bank
Current Account to GDP in Guinea is expected to reach -3.00 percent of GDP by the end of 2026, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guinea Current Account to GDP is projected to trend around 0.30 percent of GDP in 2027 and -1.40 percent of GDP in 2028, according to our econometric models.