Guinea Current Account to GDP  1986-2017 | Data | Chart | Calendar

Guinea recorded a Current Account deficit of 32.57 percent of the country's Gross Domestic Product in 2016. Current Account to GDP in Guinea averaged -10.21 percent from 1986 until 2016, reaching an all time high of -0.30 percent in 2003 and a record low of -33.90 percent in 2012.

Guinea Current Account to GDP
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Guinea Trade Last Previous Highest Lowest Unit
Balance of Trade 29.82 32.97 195.72 -524.00 USD Million [+]
Exports 688.28 419.22 1471.17 120.92 USD Million [+]
Imports 658.45 386.25 1398.49 321.74 USD Million [+]
Current Account -101.80 -120.58 197.57 -675.34 USD Million [+]
Current Account to GDP -32.57 -23.60 -0.30 -33.90 percent [+]
Gold Reserves 2.39 2.39 2.39 2.39 [+]
Terrorism Index 1.40 1.40 4.22 0.00 [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



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 - Guinea Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guinea Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
-32.57 -23.60 -0.30 -33.90 1986 - 2016 percent Yearly




current account to gdp by Country

Last
Switzerland 11.00 Dec/16
Netherlands 8.40 Dec/16
Germany 8.30 Dec/16
South Korea 7.00 Dec/16
Japan 3.70 Dec/16
Euro Area 3.30 Dec/16
Italy 2.60 Dec/16
Spain 2.20 Dec/16
China 1.80 Dec/16
Russia 1.80 Dec/16
India -0.70 Dec/16
France -0.90 Dec/16
Brazil -1.30 Dec/16
Indonesia -1.80 Dec/16
United States -2.60 Dec/16
Australia -2.70 Dec/16
Mexico -2.70 Dec/16
Canada -3.30 Dec/16
Turkey -3.80 Dec/16
United Kingdom -4.40 Dec/16