Current account balance excluding net official capital grants in Guinea
Guinea: Current account balance excluding net official capital grants was -22.8% in 2011. ▼ Falling
Current account balance excluding net official capital grants in Guinea, 2005–2011
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 is -22.8%, measured in 2011. That is the lowest value across all 7 years on record.
Compared with earlier readings it is down 230.6% on the previous year and down 318.0% over ten years.
Guinea ranks 38th of 41 countries on this measure, in the bottom quarter.
Current account balance excluding net official capital grants in Guinea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | -5.5% | — |
| 2006 | -7.8% | +43.7% |
| 2007 | -10.8% | +37.7% |
| 2008 | -11.6% | +7.4% |
| 2009 | -9.7% | -16.5% |
| 2010 | -6.9% | -28.7% |
| 2011 | -22.8% | +230.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -9.1% | -11.6% | -5.5% | 5 |
| 2010s | -14.9% | -22.8% | -6.9% | 2 |
Countries ranked near Guinea
- 35 Niger -21.0% compare
- 36 Seychelles -21.4% compare
- 37 Lesotho -21.4% compare
- 39 Sierra Leone -37.9% compare
- 40 Sao Tome and Principe -43.5% compare
- 41 Liberia -48.9% compare
More trade data for Guinea
- Commodity Net Export Price Index, Individual Commodities Weighted by 123.62 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 104.13 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 101.95 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 116.29 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.91 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 67.49 (2025)
- Imports of low carbon technology products, Percent of GDP 0.7535 (2016)
- Imports of low carbon technology products, US dollar (World), per 5.37 units per person (2016)
- Imports of low carbon technology products, US dollar (World), per 0.0075 units per US$ of GDP (2016)
- Exports of low carbon technology products, US dollar (World), gaps 2.94 million (2016)
Frequently asked questions
- What is current account balance excluding net official capital grants in Guinea?
- Current account balance excluding net official capital grants in Guinea was -22.8% in 2011, according to World Bank country economists.
- What is the highest current account balance excluding net official capital grants recorded in Guinea?
- The highest recorded value was -5.5% in 2005.
- What is the lowest current account balance excluding net official capital grants recorded in Guinea?
- The lowest recorded value was -22.8% in 2011.
- How does Guinea rank for current account balance excluding net official capital grants?
- Guinea ranks 38th out of 41 countries with data for 2011.
- Is current account balance excluding net official capital grants rising or falling in Guinea?
- Over the last ten years it is down 318.0%. The long-run trend across the full record is falling.
- Where does this Guinea 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.
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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.