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Guinea-Bissau – Current Account Balance

Name: Guinea-Bissau Current Account Balance
Creator: World Bank
License: https://creativecommons.org/licenses/by/4.0/

Current account balance as a share of GDP. Summarizes net trade in goods, services, income, and transfers with the rest of the world. · World Bank

-7.53% +0.36% from 2022 G20 rank: 30th · all-time high: 2.38% (2004)

Guinea-Bissau's current account balance was -7.53% in 2023, an increase of +0.36% from -7.89% in 2022. This ranked 30th in the G20. The all-time high was 2.38% in 2004.

APA

Guinea-Bissau Current Account Balance. HistorySaid. Retrieved March 12, 2026, from https://historysaid.com/guinea-bissau/current-account

BibTeX

@misc{historysaid_guinea-bissau_current-account,
  title = {Guinea-Bissau Current Account Balance},
  url = {https://historysaid.com/guinea-bissau/current-account},
  publisher = {HistorySaid},
  year = {2026}
}

Data & Projection▾

Guinea-Bissau Current Account Balance – Historical Data
Year	Value	Change	Rank
2030* IMF	-4.01%	–	–
2029* IMF	-4.26%	–	–
2028* IMF	-4.37%	–	–
2027* IMF	-4.80%	–	–
2026* IMF	-5.32%	–	–
2025* IMF	-5.95%	–	–
2023	-7.53%	+0.36%	30th
2022	-7.89%	−7.15%	47th
2021	-0.74%	+1.53%	107th
2020	-2.27%	+5.71%	80th
2019	-7.98%	−4.50%	35th
2018	-3.48%	−3.75%	79th
2017	0.26%	−1.10%	123rd
2016	1.36%	−0.45%	145th
2015	1.82%	+1.26%	143rd
2014	0.56%	+5.29%	129th
2013	-4.73%	+3.20%	77th
2012	-7.93%	−6.72%	54th
2011	-1.21%	+6.32%	120th
2010	-7.53%	−2.18%	52nd
2009	-5.35%	−2.33%	68th
2008	-3.02%	+1.05%	106th
2007	-4.07%	+2.24%	93rd
2006	-6.31%	−4.67%	55th
2005	-1.64%	−4.02%	94th
2004	2.38%	+2.43%	117th
2003	-0.05%	+0.22%	100th
2002	-0.27%	+2.43%	96th
2001	-2.70%	−1.78%	68th
1997	-0.91%	+5.41%	105th
1996	-6.33%	−1.00%	38th
1995	-5.33%	+2.17%	37th
1994	-7.50%	+2.56%	24th
1993	-10.07%	+6.42%	16th
1992	-16.49%	−5.21%	5th
1991	-11.28%	−4.14%	18th
1990	-7.14%	+7.33%	23rd
1989	-14.47%	−1.42%	8th
1988	-13.05%	−3.07%	8th
1987	-9.98%	+4.76%	17th
1986	-14.74%	+5.53%	11th
1985	-20.27%	−2.07%	4th
1984	-18.20%	−1.26%	4th
1983	-16.93%	+1.54%	10th
1982	-18.48%	–	13th

Show all years (1982–2023)

* IMF World Economic Outlook projection

Detected Pattern▾

Fiscal Dominance Trap

Government debt exceeding 80% of GDP with real interest rates negative and inflation above 10%. Monetary policy effectiveness impaired by fiscal pressures.

Inflation 10.5% Real rate -6.9%

This pattern occurred 329 times in G20 history, 239 successful

Angola 2024

Inflation

28.2%

Real rate

-4.2%

Argentina 2024

Inflation

219.9%

Real rate

-47.4%

Egypt, Arab Republic of 2024

Inflation

28.3%

Real rate

-7.0%

South Sudan 2024

Inflation

91.4%

Real rate

-26.9%

Angola 2023

Inflation

13.6%

Real rate

-0.9%

Argentina 2023

Inflation

133.5%

Real rate

-17.3%

HistorySaid – pattern alert

Guinea-Bissau matched the Fiscal Dominance Trap pattern in 2008. Historically, 73% of countries showing this pattern (239 out of 329) saw current account balance improve within 24 months. View full analysis →