Guinea recorded a Current Account surplus of 273.30 USD Million in the first quarter of 2021. source: Central Bank of Republic of Guinea

Current Account in Guinea averaged -139.39 USD Million from 1986 until 2021, reaching an all time high of 1207.02 USD Million in the third 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 2021.

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 2022 and -202.48 USD Million in 2023, according to our econometric models.

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Guinea Current Account

Guinea Last Unit Reference Previous Highest Lowest
Balance of Trade 585.35 USD Million Mar/21 1345.67 2037.40 -1935.03
Current Account 273.30 USD Million Mar/21 688.28 1207.02 -2311.44
Current Account to GDP -13.30 percent of GDP Dec/20 -11.70 4.20 -33.90
Imports 1010.88 USD Million Mar/21 906.10 2550.37 -170.26
Exports 1596.23 USD Million Mar/21 2251.77 2993.30 120.92

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).