Guinea vs Nigeria: Workers' remittances, payments
Workers' remittances, payments over time
- Guinea
- Nigeria
How they compare
Nigeria currently reports 32.24 million BoP, current US$ against 32.16 million BoP, current US$ in Guinea, a difference of 82,700 BoP, current US$.
The two have swapped places 1 time across 7 shared years of data; in 2005 it was Guinea ahead.
Guinea ranks 20th and Nigeria ranks 19th of 34 countries.
Guinea has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Guinea | Nigeria | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 41.52 million BoP, current US$ | 25.44 million BoP, current US$ | 16.07 million BoP, current US$ | Guinea |
| 2010s | 32.15 million BoP, current US$ | 30.52 million BoP, current US$ | 1.63 million BoP, current US$ | Guinea |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher workers' remittances, payments, Guinea or Nigeria?
- Nigeria, at 32.24 million BoP, current US$ against 32.16 million BoP, current US$ in Guinea as of 2011.
- What is the difference in workers' remittances, payments between Guinea and Nigeria?
- 82,700 BoP, current US$, with Nigeria ahead.
- How many years of comparable data are there for Guinea and Nigeria?
- 7 years are reported by both, from 2005 to 2011.
- How do Guinea and Nigeria rank globally for workers' remittances, payments?
- Guinea ranks 20th and Nigeria ranks 19th of 34 countries.
- Where does this data come from?
- International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as Workers' remittances, payments (BoP, current US$). 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. This item shows payments by the reporting country. Data are in current U.S. dollars.