Guinea Bissau Current Account to GDP

Guinea Bissau recorded a Current Account deficit of 9 percent of the country's Gross Domestic Product in 2017. Current Account to GDP in Guinea Bissau averaged -17.22 percent from 1982 until 2017, reaching an all time high of 2.65 percent in 2004 and a record low of -52.69 percent in 1985.

Current Account to GDP in Guinea Bissau is expected to be -4.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guinea Bissau Current Account to GDP is projected to trend around -3.40 percent in 2020, according to our econometric models.

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Guinea Bissau Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	-14.10	27.50	27.50	-45.90	CFA Franc Million	[+]
Current Account	-68.70	10.00	12.40	-68.70	CFA Franc Billion	[+]
Current Account to GDP	-9.00	1.20	2.65	-52.69	percent	[+]
Exports	198.40	164.00	198.40	1.70	CFA Franc Million	[+]
Imports	212.50	133.00	212.50	12.40	CFA Franc Million	[+]
Terrorism Index	0.00	0.04	3.36	0.00		[+]

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

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 Bissau Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guinea Bissau Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on April of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	-9.00	1.20	2.65	-52.69	1982 - 2017	percent	Yearly

Export Data API

Country	Last		Previous	Range
Singapore	19.50	Dec/17	19	26.1 : -13.1	%
Netherlands	10.80	Dec/18	10.5	10.8 : -1	%
Switzerland	10.20	Dec/18	6.7	14.8 : -0.6	%
Saudi Arabia	8.30	Dec/18	1.5	28.5 : -21	%
Germany	7.30	Dec/18	8	8.5 : -1.8	%
South Korea	4.70	Dec/18	4.9	10.7 : -10.5	%
Japan	4.02	Dec/17	3.7	4.7 : -1	%
Euro Area	3.00	Dec/18	3.2	3.2 : -1.5	%
Italy	2.50	Dec/18	2.8	2.9 : -3.7	%
Russia	2.20	Dec/17	1.9	18 : -1.4	%
Spain	0.90	Dec/18	1.8	2.3 : -9.6	%
China	0.40	Dec/18	1.3	10.1 : -3.7	%
France	-0.30	Dec/18	-0.6	3.4 : -2.1	%
Brazil	-0.77	Dec/18	-0.35	1.8 : -8.2	%
Mexico	-1.60	Dec/17	-2.1	3.4 : -6.1	%
India	-2.30	Dec/18	-1.9	2.3 : -4.8	%
United States	-2.40	Dec/18	-2.3	0.2 : -6	%
South Africa	-2.50	Dec/17	-2.8	6 : -7.5	%
Canada	-3.00	Dec/17	-3.3	2.7 : -4.2	%
Indonesia	-3.00	Dec/18	-1.6	4.8 : -6.8	%
Australia	-3.10	Dec/17	-1.4	2.3 : -7.3	%
Turkey	-3.50	Dec/18	-5.6	1.9 : -8.9	%
United Kingdom	-3.90	Dec/18	-3.3	2.6 : -5.2	%
Argentina	-5.40	Dec/18	-4.9	8 : -5.4	%