Migrant remittance inflows in Guinea-Bissau
Guinea-Bissau: Migrant remittance inflows was 45.89 million current US$ in 2011. ◆ Volatile
Migrant remittance inflows in Guinea-Bissau, 1988–2011
Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Measured in current US$.
Analysis
In 2011, migrant remittance inflows in Guinea-Bissau stood at 45.89 million current US$.
The figure is up 357.6% over ten years.
Over the whole period, migrant remittance inflows in Guinea-Bissau peaked at 49.46 million current US$ in 2008 and was at its lowest, 1.00 million current US$, in 1990.
Guinea-Bissau ranks 33rd of 50 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.35 million current US$ | 1.20 million current US$ | 1.50 million current US$ | 2 |
| 1990s | 1.67 million current US$ | 1.00 million current US$ | 2.00 million current US$ | 3 |
| 2000s | 29.47 million current US$ | 10.03 million current US$ | 49.46 million current US$ | 9 |
| 2010s | 45.89 million current US$ | 45.89 million current US$ | 45.89 million current US$ | 2 |
Countries ranked near Guinea-Bissau
More trade data for Guinea-Bissau
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 90,000 FAO, current US$ (2010)
- Food imports excluding fish 73.04 million FAO, current US$ (2010)
- Total agricultural imports 90.74 million FAO, current US$ (2010)
- Cereal imports 26.61 million FAO, current US$ (2010)
- Cereal imports quantity 63,364 FAO, tonnes (2010)
- Total agricultural exports 57.87 million FAO, current US$ (2010)
- Cereal exports 0 FAO, current US$ (2010)
- Cereal exports quantity 0 FAO, tonnes (2010)
- Merchandise exports, WB 129.91 million current US$ (2011)
Frequently asked questions
- What is migrant remittance inflows in Guinea-Bissau?
- Migrant remittance inflows in Guinea-Bissau was 45.89 million current US$ in 2011, according to World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008.
- What is the highest migrant remittance inflows recorded in Guinea-Bissau?
- The highest recorded value was 49.46 million current US$ in 2008.
- What is the lowest migrant remittance inflows recorded in Guinea-Bissau?
- The lowest recorded value was 1.00 million current US$ in 1990.
- How does Guinea-Bissau rank for migrant remittance inflows?
- Guinea-Bissau ranks 33rd out of 50 countries with data for 2011.
- Is migrant remittance inflows rising or falling in Guinea-Bissau?
- Over the last ten years it is up 357.6%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau data come from?
- The figures come from World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, published as part of Migrant remittance inflows (current US$). Statizoid updates them automatically from the source API.
Download this data
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About this data
Migrants’ remittances are defined as the sum of worker’s remittances,