Guinea recorded a Current Account surplus of 2043.06 USD Million in the second quarter of 2020.

Current Account in Guinea averaged -162.92 USD Million from 1986 until 2020, reaching an all time high of 2043.06 USD Million in the second quarter of 2020 and a record low of -2311.44 USD Million in the fourth quarter of 2016. This page provides - Guinea Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guinea Current Account - values, historical data and charts - was last updated on October of 2020.

Current Account in Guinea is expected to be -232.71 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 -217.00 in 12 months time. In the long-term, the Guinea Current Account is projected to trend around -206.48 USD Million in 2021 and -202.48 USD Million in 2022, according to our econometric models.

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Guinea Current Account

Actual Previous Highest Lowest Dates Unit Frequency
2043.06 -78.75 2043.06 -2311.44 1986 - 2020 USD Million Quarterly

Guinea Trade Last Previous Highest Lowest Unit
Balance of Trade -2.60 319.17 927.63 -1935.05 USD Million [+]
Current Account 2043.06 -78.75 2043.06 -2311.44 USD Million [+]
Current Account to GDP -13.60 -7.30 4.20 -33.90 percent [+]
Imports 878.90 884.43 2550.37 -170.26 USD Million [+]
Exports 565.87 925.88 1471.17 120.92 USD Million [+]
Terrorism Index 0.97 0.32 4.22 0.00 [+]

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).