Current account balance (BoP, current US$) in Equatorial Guinea
Equatorial Guinea: Current account balance (BoP, current US$) was -344.04 million BoP, current US$ in 1996. ◆ Volatile
Current account balance in Equatorial Guinea, 1987–1996
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 1996, current account balance in Equatorial Guinea stood at -344.04 million BoP, current US$. That is the lowest value across all 10 years on record.
Compared with earlier readings it is down 178.8% on the previous year and down 1,321.5% over ten years.
Over the whole period, current account balance in Equatorial Guinea peaked at 2.84 million BoP, current US$ in 1993 and was at its lowest, -344.04 million BoP, current US$, in 1996.
That places Equatorial Guinea 106th out of 200 countries with data for 1996, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance (BoP, current US$) in Equatorial Guinea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1987 | -24.20 million BoP, current US$ | — |
| 1988 | -16.54 million BoP, current US$ | -31.7% |
| 1989 | -21.00 million BoP, current US$ | +27.0% |
| 1990 | -18.99 million BoP, current US$ | -9.5% |
| 1991 | -40.72 million BoP, current US$ | +114.4% |
| 1992 | -10.57 million BoP, current US$ | -74.0% |
| 1993 | 2.84 million BoP, current US$ | -126.9% |
| 1994 | -381,841 BoP, current US$ | -113.4% |
| 1995 | -123.40 million BoP, current US$ | +32218.2% |
| 1996 | -344.04 million BoP, current US$ | +178.8% |
Equatorial Guinea compared with similar countries
- Equatorial Guinea's -344.04 million BoP, current US$ is above the median for upper middle income countries, which is -464.37 million BoP, current US$, 74% of the median. (57 countries reporting)
- Equatorial Guinea's -344.04 million BoP, current US$ is above the median for Sub-Saharan Africa, which is -461.46 million BoP, current US$, 75% of the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -20.58 million BoP, current US$ | -24.20 million BoP, current US$ | -16.54 million BoP, current US$ | 3 |
| 1990s | -76.47 million BoP, current US$ | -344.04 million BoP, current US$ | 2.84 million BoP, current US$ | 7 |
Countries ranked near Equatorial Guinea
- 103 Antigua and Barbuda -281.35 million BoP, current US$ compare
- 104 Barbados -296.40 million BoP, current US$ compare
- 105 Grenada -328.50 million BoP, current US$ compare
- 107 Syria -367.39 million BoP, current US$ compare
- 108 Guinea -391.82 million BoP, current US$ compare
- 109 Uruguay -408.46 million BoP, current US$ compare
More economy & growth data for Equatorial Guinea
- Real gdp growth, annual growth rate 117.33 % change on previous year (2024)
- SDRs holdings, US dollar, annual growth rate 11.98 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0025 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 16.31 units per person (2025)
- SDRs holdings, SDR, annual growth rate 6.63 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0018 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 11.91 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -8.7 % change on previous year (2025)
- IMF holdings of currency, US dollar, per unit of GDP 0.0203 units per US$ of GDP (2025)
- IMF holdings of currency, US dollar, per capita 134.1 units per person (2025)
Frequently asked questions
- What is current account balance in Equatorial Guinea?
- Current account balance in Equatorial Guinea was -344.04 million BoP, current US$ in 1996, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Equatorial Guinea?
- The highest recorded value was 2.84 million BoP, current US$ in 1993.
- What is the lowest current account balance recorded in Equatorial Guinea?
- The lowest recorded value was -344.04 million BoP, current US$ in 1996.
- How does Equatorial Guinea rank for current account balance?
- Equatorial Guinea ranks 106th out of 200 countries with data for 1996.
- Is current account balance rising or falling in Equatorial Guinea?
- Over the last ten years it is down 1,321.5%. The long-run trend across the full record is volatile.
- Where does this Equatorial Guinea data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.