Current Account Balance in Guinea-Bissau
The current account balance in Guinea-Bissau averaged -2.5% of GDP in the decade to 2017. The 2017 reading was 0.3% of GDP. For more current account information, visit our dedicated page.
Guinea-Bissau Current Account Chart
Note: This chart displays Current Account (% of GDP) for Guinea-Bissau from 2008 to 2017.
Source: Macrobond.
Guinea-Bissau Current Account Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Current Account Balance (USD bn) | -0.1 | 0.0 | 0.0 | -0.1 | - |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Bissau-Guinean current account projections for the next ten years from a panel of 1 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable current account forecast available for Bissau-Guinean current account.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Bissau-Guinean current account projections.
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