Current account balance in Guinea-Bissau
Guinea-Bissau: Current account balance was -8.5% in 2010. ▼ Falling
Current account balance in Guinea-Bissau, 2005–2010
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in % of GNP.
Analysis
In 2010, current account balance in Guinea-Bissau stood at -8.5%. That is the lowest value across all 6 years on record.
Compared with earlier readings it is down 46.6% on the previous year and down 354.1% over ten years.
Guinea-Bissau ranks 23rd of 41 countries on this measure, in the middle of the range.
Current account balance in Guinea-Bissau, year by year
| Year | % of GNP | Change |
|---|---|---|
| 2005 | -1.9% | — |
| 2006 | -7.0% | +274.6% |
| 2007 | -4.5% | -36.2% |
| 2008 | -3.5% | -22.2% |
| 2009 | -5.8% | +66.8% |
| 2010 | -8.5% | +46.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -4.5% | -7.0% | -1.9% | 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 in Guinea-Bissau?
- Current account balance in Guinea-Bissau was -8.5% in 2010, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
- What is the highest current account balance recorded in Guinea-Bissau?
- The highest recorded value was -1.9% in 2005.
- What is the lowest current account balance recorded in Guinea-Bissau?
- The lowest recorded value was -8.5% in 2010.
- How does Guinea-Bissau rank for current account balance?
- Guinea-Bissau ranks 23rd out of 41 countries with data for 2010.
- Is current account balance rising or falling in Guinea-Bissau?
- Over the last ten years it is down 354.1%. The long-run trend across the full record is falling.
- Where does this Guinea-Bissau data come from?
- The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as part of Current account balance (% of GNP). 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. Data are in current U.S. dollars. Data are divided by GNP at market prices in U.S. dollars to facilitate comparison across economies.