Current transfers, payments in Guinea

Guinea: Current transfers, payments was 267.99 million BoP, current US$ in 2011. ◆ Volatile

Latest (2011)
267.99 million BoP, current US$
Change on year
up 301.5%
World rank
14th
of 39 countries
All-time high
267.99 million BoP, current US$
in 2011
All-time low
51.53 million BoP, current US$
in 2009
Years of data
7
2005–2011

Current transfers, payments in Guinea, 2005–2011

50.0M100.0M150.0M200.0M250.0M2005200820112005: 59.3M BoP, current US$2006: 76.6M BoP, current US$2007: 173.7M BoP, current US$2008: 86.0M BoP, current US$2009: 51.5M BoP, current US$2010: 66.8M BoP, current US$2011: 268.0M BoP, current US$

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.

Analysis

Guinea recorded 267.99 million BoP, current US$ for current transfers, payments in 2011. That is the highest value across all 7 years on record.

Compared with earlier readings it is up 301.5% on the previous year and up 352.2% over ten years.

That places Guinea 14th out of 39 countries with data for 2011, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 89.43 million BoP, current US$ 51.53 million BoP, current US$ 173.73 million BoP, current US$ 5
2010s 167.37 million BoP, current US$ 66.75 million BoP, current US$ 267.99 million BoP, current US$ 2

Countries ranked near Guinea

  1. 11 Morocco 293.71 million BoP, current US$ compare
  2. 12 Uganda 278.69 million BoP, current US$ compare
  3. 13 Mauritius 271.35 million BoP, current US$ compare
  4. 15 Cameroon 188.34 million BoP, current US$ compare
  5. 16 Mali 163.28 million BoP, current US$ compare
  6. 17 Mozambique 159.70 million BoP, current US$ compare

See the full ranking of 45 places →

More trade data for Guinea

All data for Guinea →

Frequently asked questions

What is current transfers, payments in Guinea?
Current transfers, payments in Guinea was 267.99 million BoP, current US$ in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
What is the highest current transfers, payments recorded in Guinea?
The highest recorded value was 267.99 million BoP, current US$ in 2011.
What is the lowest current transfers, payments recorded in Guinea?
The lowest recorded value was 51.53 million BoP, current US$ in 2009.
How does Guinea rank for current transfers, payments?
Guinea ranks 14th out of 39 countries with data for 2011.
Is current transfers, payments rising or falling in Guinea?
Over the last ten years it is up 352.2%. The long-run trend across the full record is volatile.
Where does this Guinea data come from?
The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as part of Current transfers, payments (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Current transfers, payments (BoP, current US$)
Unit
BoP, current US$
Source
International Monetary Fund, Balance of Payments Statistics Yearbook and data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
45 places, 387 data points, 1977–2011
Last refreshed

Current transfers comprise transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Data are in current U.S. dollars.