Guinea Bissau recorded a Current Account deficit of 33.60 CFA Franc Billion in 2018. source: Central Bank of West African States (BCEAO)

Current Account in Guinea Bissau averaged -9.09 CFA Franc Billion from 1997 until 2018, reaching an all time high of 19.10 CFA Franc Billion in 2016 and a record low of -42.49 CFA Franc Billion in 2012. 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 February of 2021.

Current Account in Guinea Bissau is expected to reach -10.37 CFA Franc Billion by the end of 2020, 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 2021 and -16.51 CFA Franc Billion in 2022, according to our econometric models.

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Guinea Bissau Current Account

Actual Previous Highest Lowest Dates Unit Frequency
-56.80 -25.00 12.40 -56.80 1997 - 2019 CFA Franc Billion Yearly

Guinea Bissau Trade Last Previous Highest Lowest Unit
Balance of Trade -50.70 30.73 30.73 -80.68 CFA Franc Million [+]
Current Account -56.80 -25.00 12.40 -56.80 CFA Franc Billion [+]
Current Account to GDP -10.00 -3.20 2.65 -52.69 percent [+]
Exports 130.40 188.60 197.50 1.70 CFA Franc Million [+]
Imports 183.80 157.90 183.80 12.40 CFA Franc Million [+]
Terrorism Index 0.00 0.00 3.36 0.00 [+]

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).