Current account balance excluding net official capital grants in Guinea-Bissau
Guinea-Bissau: Current account balance excluding net official capital grants was -8.5% in 2010. ▼ Falling
Current account balance excluding net official capital grants in Guinea-Bissau, 2005–2010
Source: World Bank country economists. Measured in % of GDP.
Analysis
The most recent figure for current account balance excluding net official capital grants in Guinea-Bissau is -8.5%, measured in 2010. That is the lowest value across all 6 years on record.
Compared with earlier readings it is down 48.2% on the previous year and down 362.9% over ten years.
Guinea-Bissau ranks 23rd of 41 countries on this measure, in the middle of the range.
Current account balance excluding net official capital grants in Guinea-Bissau, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | -1.8% | — |
| 2006 | -6.9% | +278.5% |
| 2007 | -4.4% | -36.0% |
| 2008 | -3.4% | -23.0% |
| 2009 | -5.7% | +67.5% |
| 2010 | -8.5% | +48.2% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's -8.5% is above the median for low income countries, which is -12.4%, 68% of the median. (14 countries reporting)
- Guinea-Bissau's -8.5% is above the median for Sub-Saharan Africa, which is -8.9%, 95% of the median. (35 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.5% | -6.9% | -1.8% | 5 |
| 2010s | -8.5% | -8.5% | -8.5% | 1 |
Countries ranked near Guinea-Bissau
More trade data for Guinea-Bissau
- Commodity Net Export Price Index, Individual Commodities Weighted by 117.59 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 101.41 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.22 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 92.66 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.85 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 68.93 (2025)
- Imports of low carbon technology products, Percent of GDP 0.1969 (2018)
- Imports of low carbon technology products, US dollar (World), per 1.59 units per person (2018)
- Imports of low carbon technology products, US dollar (World), per 0.002 units per US$ of GDP (2018)
- Imports of low carbon technology products, US dollar (World), gaps 3.06 million (2018)
Frequently asked questions
- What is current account balance excluding net official capital grants in Guinea-Bissau?
- Current account balance excluding net official capital grants in Guinea-Bissau was -8.5% in 2010, according to World Bank country economists.
- What is the highest current account balance excluding net official capital grants recorded in Guinea-Bissau?
- The highest recorded value was -1.8% in 2005.
- What is the lowest current account balance excluding net official capital grants recorded in Guinea-Bissau?
- The lowest recorded value was -8.5% in 2010.
- How does Guinea-Bissau rank for current account balance excluding net official capital grants?
- Guinea-Bissau ranks 23rd out of 41 countries with data for 2010.
- Is current account balance excluding net official capital grants rising or falling in Guinea-Bissau?
- Over the last ten years it is down 362.9%. The long-run trend across the full record is falling.
- Where does this Guinea-Bissau data come from?
- The figures come from World Bank country economists, published as part of Current account balance excluding net official capital grants (% of GDP). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 6 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Current account balance is the sum of net exports of goods, services, net income, and net current transfers. This is divided by GDP at market prices, with both series expressed in current U.S. dollars.