Current Account Balance: Guinea
Guinea's current account balance is currently -2.3 % of GDP as of 2026. # Guinea Current Account Balance Guinea's current account balance stands at -2.
Current (2026)
-2.3 % of GDP
+76.3% y/y
Peak (2021)
4.1 % of GDP
Low (2016)
-30.7 % of GDP
Source
IMF World Economic Outlook
1980–2026 · 51 pts
Current Account Balance — Guinea
1980 — 2026
Current Account Balance — Guinea
Analysis# Guinea Current Account Balance
Guinea's current account balance stands at -2.3% of GDP in 2026, reflecting a modest deficit that sits well above the country's all-time low of -30.7% in 2016. The metric peaked at 4.1% of GDP in 2021, marking a rare surplus period. Since 1980, Guinea's current account has deteriorated by 204.5%, indicating a long-term structural shift toward persistent deficits.
The 2021 surplus represented a dramatic reversal from the severe 2016 contraction, driven likely by commodity price recoveries. However, deficits returned and deepened through 2022-2024, reaching -14% of GDP in 2024. Recent projections suggest improvement ahead, with the deficit narrowing to -2.3% by 2026, signaling potential stabilization in Guinea's external balance position.
Historical Data
51 Rows| Year | Value | Change % |
|---|---|---|
| 2030 | -0.1 % of GDP | -116.67% |
| 2029 | 0.6 % of GDP | +250.00% |
| 2028 | -0.4 % of GDP | +66.67% |
| 2027 | -1.2 % of GDP | +47.83% |
| 2026 | -2.3 % of GDP | +76.29% |
| 2025 | -9.7 % of GDP | +30.71% |
| 2024 | -14 % of GDP | -44.33% |
| 2023 | -9.7 % of GDP | -70.18% |
| 2022 | -5.7 % of GDP | -239.02% |
| 2021 | 4.1 % of GDP | +125.47% |
| 2020 | -16.1 % of GDP | -3.87% |
| 2019 | -15.5 % of GDP | +16.22% |
| 2018 | -18.5 % of GDP | -176.12% |
| 2017 | -6.7 % of GDP | +78.18% |
| 2016 | -30.7 % of GDP | -145.60% |
| 2015 | -12.5 % of GDP | +13.19% |
| 2014 | -14.4 % of GDP | -15.20% |
| 2013 | -12.5 % of GDP | +36.55% |
| 2012 | -19.7 % of GDP | -20.86% |
| 2011 | -16.3 % of GDP | -154.69% |
Show all 51 rows
| Year | Value | Change % |
|---|---|---|
| 2010 | -6.4 % of GDP | -14.29% |
| 2009 | -5.6 % of GDP | +15.15% |
| 2008 | -6.6 % of GDP | +9.59% |
| 2007 | -7.3 % of GDP | -135.48% |
| 2006 | -3.1 % of GDP | -287.50% |
| 2005 | -0.8 % of GDP | +55.56% |
| 2004 | -1.8 % of GDP | — |
| 2003 | 0 % of GDP | — |
| 2002 | 0 % of GDP | -100.00% |
| 2001 | 0.3 % of GDP | +110.00% |
| 2000 | -3 % of GDP | +43.40% |
| 1999 | -5.3 % of GDP | +17.19% |
| 1998 | -6.4 % of GDP | -39.13% |
| 1997 | -4.6 % of GDP | +25.81% |
| 1996 | -6.2 % of GDP | -16.98% |
| 1995 | -5.3 % of GDP | -3.92% |
| 1994 | -5.1 % of GDP | -18.60% |
| 1993 | -4.3 % of GDP | +17.31% |
| 1992 | -5.2 % of GDP | +0.00% |
| 1991 | -5.2 % of GDP | +27.78% |
| 1990 | -7.2 % of GDP | -35.85% |
| 1989 | -5.3 % of GDP | +20.90% |
| 1988 | -6.7 % of GDP | -415.38% |
| 1987 | -1.3 % of GDP | +71.74% |
| 1986 | -4.6 % of GDP | -187.50% |
| 1985 | -1.6 % of GDP | -433.33% |
| 1984 | -0.3 % of GDP | -200.00% |
| 1983 | -0.1 % of GDP | +97.30% |
| 1982 | -3.7 % of GDP | -19.35% |
| 1981 | -3.1 % of GDP | -240.91% |
| 1980 | 2.2 % of GDP | — |
Related Data
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