Guinea vs Guinea-Bissau: Workers' remittances, net
Workers' remittances, net over time
- Guinea
- Guinea-Bissau
How they compare
Guinea currently reports 31.34 million BoP, current US$ against 24.50 million BoP, current US$ in Guinea-Bissau, a difference of 6.84 million BoP, current US$.
That makes Guinea's figure about 1.3 times Guinea-Bissau's.
Across all 6 years both countries report, Guinea-Bissau has been ahead every year.
Guinea ranks 21st and Guinea-Bissau ranks 23rd of 39 countries.
Guinea-Bissau has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Guinea | Guinea-Bissau | Difference | Ahead |
|---|---|---|---|---|
| 2000s | -2.23 million BoP, current US$ | 27.34 million BoP, current US$ | 29.57 million BoP, current US$ | Guinea-Bissau |
| 2010s | 12.71 million BoP, current US$ | 24.50 million BoP, current US$ | 11.79 million BoP, current US$ | Guinea-Bissau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher workers' remittances, net, Guinea or Guinea-Bissau?
- Guinea, at 31.34 million BoP, current US$ against 24.50 million BoP, current US$ in Guinea-Bissau as of 2011.
- What is the difference in workers' remittances, net between Guinea and Guinea-Bissau?
- 6.84 million BoP, current US$, with Guinea ahead.
- How many years of comparable data are there for Guinea and Guinea-Bissau?
- 6 years are reported by both, from 2005 to 2010.
- How do Guinea and Guinea-Bissau rank globally for workers' remittances, net?
- Guinea ranks 21st and Guinea-Bissau ranks 23rd of 39 countries.
- Where does this data come from?
- International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as Workers' remittances, net (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Workers' remittances are current transfers by migrants who are employed or intend to remain employed for more than a year in another economy in which they are considered residents. Some developing countries classify workers' remittances as a factor income receipt (and thus as a component of GNI). The World Bank adheres to international guidelines in defining GNI, and its classification of workers' remittances may therefore differ from national practices. Data are in current U.S. dollars.