Guinea Current Account Balance
Current account balance as % of GDP BN.CAB.XOKA.GD.ZS
Guinea's current account balance was -9.69% in 2025, ranked 165th globally. This represents a 518.5% decrease from 2024. Data from World Bank, covering 1980–2025.
Overview
Guinea's current account balance stood at -9.69% in 2025, a decline of +8.12% from 2024. The IMF projects -9.69% by 2025. Guinea ranked 165th globally.
Guinea’s current‑account balance has swung markedly over the 46‑year series, moving from a modest surplus of 2.25 % of GDP in 1980 to a pronounced deficit of –9.69 % in 2025, ranking 165th globally. The apex of the record was reached in 2021 when the balance surged to 27.18 % of GDP, reflecting a brief export‑driven boom, while the nadir occurred in 2016 at –31.93 %, underscoring the vulnerability of the economy to commodity price shocks and fiscal imbalances. The 2025 deficit closely mirrors the situation of peer economies such as Somalia (Fed. Rep.), which posted a –9.50 % balance, suggesting similar external pressures across low‑income, commodity‑dependent states. Persistent trade deficits, limited diversification and external debt service obligations have constrained the current account, and without substantial improvement in export performance or inflows of remittances, the negative trajectory is likely to continue, although a resurgence in global demand for Guinea’s mineral exports could reverse the trend.
Data & projection
| Year | Current Account Balance | YoY change | Rank |
|---|---|---|---|
| 2030* IMF | -0.14% | - | - |
| 2029* IMF | 0.65% | - | - |
| 2028* IMF | -0.39% | - | - |
| 2027* IMF | -1.15% | - | - |
| 2026* IMF | -2.28% | - | - |
| 2025* IMF | -9.69% | - | - |
| 2025 | -9.69% | −8.12% | #165 |
| 2024 | -1.57% | +8.16% | #89 |
| 2023 | 8.48% | +14.17% | #173 |
| 2022 | 16.83% | +12.69% | #184 |
| 2021 | 27.18% | +43.24% | #193 |
| 2020 | 19.06% | +34.56% | #191 |
| 2019 | -2.34% | +16.16% | #91 |
| 2018 | -1.61% | +5.14% | #114 |
| 2017 | 5.03% | +35.69% | #168 |
| 2016 | -31.93% | −19.39% | #4 |
| 2015 | -11.60% | +2.79% | #29 |
| 2014 | -11.18% | +1.33% | #28 |
| 2013 | -14.20% | +5.50% | #20 |
| 2012 | -13.60% | +2.75% | #26 |
| 2011 | -17.12% | −10.72% | #15 |
Detected Pattern
Analysis
Guinea matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw current account balance improve within 24 months. View full analysis →
Frequently Asked Questions
Guinea's current account balance was -9.69% in 2025. Ranked 165th globally. This represents a 518.5% decrease from the previous year.
Guinea's current account balance peaked at 27.18% in 2021.
The lowest current account balance in Guinea was -31.93% in 2016.
Guinea ranks 165th globally in current account balance as of 2025.
The World Bank indicator code is BN.CAB.XOKA.GD.ZS. Data sourced from World Bank.
Guinea's current account balance is projected to reach -9.69% by 2025 based on IMF projection.
The current account balance of Guinea in 2025 was -9.69%. This ranks 165th in the world.
Cite this page
@misc{historysaid_guinea_current-account,
title = {Guinea Current Account Balance},
url = {https://historysaid.com/guinea/current-account/},
publisher = {HistorySaid},
year = {2026}
}