Guinea recorded a Current Account deficit of 10.20 USD Million in the second quarter of 2017.

Current Account in Guinea averaged -204.49 USD Million from 1986 until 2017, reaching an all time high of 197.57 USD Million in the first quarter of 2016 and a record low of -675.34 USD Million in the fourth quarter of 2011. This page provides - Guinea Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Current Account in Guinea is expected to be -192.73 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Guinea to stand at -209.66 in 12 months time. In the long-term, the Guinea Current Account is projected to trend around -202.48 USD Million in 2020, according to our econometric models.

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Guinea Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-403.11 -75.90 197.57 -675.34 1986 - 2018 USD Million Quarterly

Guinea 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).

Guinea Trade Last Previous Highest Lowest Unit
Balance of Trade -426.33 -189.33 195.72 -524.00 USD Million [+]
Current Account -403.11 -75.90 197.57 -675.34 USD Million [+]
Current Account to GDP -4.90 5.51 5.51 -33.90 percent [+]
Exports 731.54 863.48 1471.17 120.92 USD Million [+]
Imports 1157.87 1052.81 1398.49 321.74 USD Million [+]
Terrorism Index 0.97 0.32 4.22 0.00 [+]