Name: Guinea Bissau Current Account
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: Guinea Bissau,Current Account,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Guinea Bissau recorded a Current Account deficit of 70.50 XOF Billion in 2020. source: Central Bank of West African States (BCEAO)

Current Account in Guinea Bissau averaged -14.40 XOF Billion from 1997 until 2020, reaching an all time high of 12.40 XOF Billion in 2015 and a record low of -74.70 XOF Billion in 2019. This page provides - Guinea Bissau Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guinea Bissau Current Account - values, historical data and charts - was last updated on May of 2022.

Current Account in Guinea Bissau is expected to reach -17.31 XOF Billion by the end of 2022, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guinea Bissau Current Account is projected to trend around 7.65 XOF Billion in 2023 and -16.51 XOF Billion in 2024, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Balance of Trade	-50.20	-50.70	XOF Million	Dec 2020
Current Account to GDP	-8.60	-8.90	percent of GDP	Dec 2020
Current Account	-70.50	-74.70	XOF Billion	Dec 2020
Imports	164.30	196.40	XOF Million	Dec 2020
Exports	114.10	145.70	XOF Million	Dec 2020

Guinea Bissau Current Account

Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).