Current account balance of Equatorial Guinea sank by 49.35% from -1.5 billion US dollars in 2016 to -0.7 billion US dollars in 2017. Since the 131.60% jump in 2015, current account balance plummeted by 65.51% 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.