Migrant remittance inflows in Guinea-Bissau

Guinea-Bissau: Migrant remittance inflows was 45.89 million current US$ in 2011. ◆ Volatile

Latest (2011)
45.89 million current US$
Change on year
unchanged
World rank
33rd
of 50 countries
All-time high
49.46 million current US$
in 2008
All-time low
1.00 million current US$
in 1990
Years of data
16
1988–2011

Migrant remittance inflows in Guinea-Bissau, 1988–2011

010.0M20.0M30.0M40.0M50.0M1988199920111988: 1.5M current US$1989: 1.2M current US$1990: 1.0M current US$1996: 2.0M current US$1997: 2.0M current US$2001: 10.0M current US$2002: 17.6M current US$2003: 23.1M current US$2004: 27.7M current US$2005: 19.9M current US$2006: 25.5M current US$2007: 43.0M current US$2008: 49.5M current US$2009: 48.9M current US$2010: 45.9M current US$2011: 45.9M current US$

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.

Migrant remittance inflows in Guinea-Bissau, year by year

Annual values for Migrant remittance inflows (current US$) in Guinea-Bissau, 1988 to 2011.
Year current US$ Change
1988 1.50 million current US$
1989 1.20 million current US$ -20.0%
1990 1.00 million current US$ -16.7%
1996 2.00 million current US$ +100.0%
1997 2.00 million current US$ +0.0%
2001 10.03 million current US$ +401.4%
2002 17.63 million current US$ +75.8%
2003 23.13 million current US$ +31.2%
2004 27.70 million current US$ +19.8%
2005 19.90 million current US$ -28.2%
2006 25.52 million current US$ +28.2%
2007 43.03 million current US$ +68.6%
2008 49.46 million current US$ +14.9%
2009 48.85 million current US$ -1.2%
2010 45.89 million current US$ -6.1%
2011 45.89 million current US$ +0.0%

Guinea-Bissau compared with similar countries

  • Guinea-Bissau's 45.89 million current US$ is below the median for low income countries, which is 96.19 million current US$, 48% of the median. (18 countries reporting)
  • Guinea-Bissau's 45.89 million current US$ is below the median for Sub-Saharan Africa, which is 84.49 million current US$, 54% of the median. (44 countries reporting)

Biggest year-on-year movements

Years where Migrant remittance inflows in Guinea-Bissau changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2001 +401.4% 2.00 million current US$ 10.03 million current US$

Averages by decade

DecadeAverage LowestHighest 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

  1. 30 Botswana 62.64 million current US$ compare
  2. 31 Eswatini 54.69 million current US$ compare
  3. 32 Zambia 46.30 million current US$ compare
  4. 34 Burundi 45.46 million current US$ compare
  5. 35 Zimbabwe 43.69 million current US$ compare
  6. 36 Djibouti 32.36 million current US$ compare

See the full ranking of 56 places →

More trade data for Guinea-Bissau

All data for Guinea-Bissau →

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.

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Migrant remittance inflows in Guinea-Bissau. Statizoid, drawing on World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Retrieved 22 September 2026, from https://trade.statizoid.com/stat/migrant-remittance-inflows-current-us/guinea-bissau/

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About this data

Indicator
Migrant remittance inflows (current US$)
Unit
current US$
Source
World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
56 places, 1,426 data points, 1970–2011
Last refreshed

Migrants’ remittances are defined as the sum of worker’s remittances,