Current account balance of Guinea sank by 73.94% from -2.7 billion US dollars in 2016 to -0.7 billion US dollars in 2017. Since the 11.81% jump in 2014, current account balance plummeted by 39.95% in 2017.
The description is composed by our digital data assistant.Current account is all transactions other than those in financial and capital items. The major classifications are goods and services, income and current transfers. The focus of the BOP is on transactions (between an economy and the rest of the world) in goods, services, and income.