Guinea Bissau recorded a Current Account deficit of 70.50 CFA Franc Billion in 2020. source: Central Bank of West African States (BCEAO)

Current Account in Guinea Bissau averaged -14.40 CFA Franc Billion from 1997 until 2020, reaching an all time high of 12.40 CFA Franc Billion in 2015 and a record low of -74.70 CFA Franc Billion in 2019. This page provides - Guinea Bissau Current Account - actual values, historical data, forecast, chart, statistics, economic calendar and news. Guinea Bissau Current Account - values, historical data and charts - was last updated on December of 2021.

Current Account in Guinea Bissau is expected to reach -17.31 CFA Franc Billion by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Guinea Bissau Current Account is projected to trend around 7.65 CFA Franc Billion in 2022 and -16.51 CFA Franc Billion in 2023, according to our econometric models.

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Guinea Bissau Current Account

Related Last Previous Unit Reference
Balance of Trade -50.20 -50.70 CFA Franc Million Dec/20
Current Account to GDP -8.60 -8.90 percent of GDP Dec/20
Current Account -70.50 -74.70 CFA Franc Billion Dec/20
Imports 164.30 196.40 CFA Franc Million Dec/20
Exports 114.10 145.70 CFA Franc Million Dec/20
Guinea Bissau 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).