Migrant remittance inflows in Guinea
Guinea: Migrant remittance inflows was 78.31 million current US$ in 2011. ◆ Volatile
Migrant remittance inflows in Guinea, 1986–2011
Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Measured in current US$.
Analysis
Guinea recorded 78.31 million current US$ for migrant remittance inflows in 2011.
The figure is up 29.7% on the previous year and up 798.5% over ten years.
Over the whole period, migrant remittance inflows in Guinea peaked at 150.72 million current US$ in 2007 and was at its lowest, 70,000 current US$, in 1986.
That places Guinea 27th out of 50 countries with data for 2011, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Migrant remittance inflows in Guinea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1986 | 70,000 current US$ | — |
| 1987 | 70,000 current US$ | +0.0% |
| 1988 | 26.71 million current US$ | +38057.1% |
| 1994 | 490,000 current US$ | -98.2% |
| 1995 | 740,000 current US$ | +51.0% |
| 1996 | 1.07 million current US$ | +44.9% |
| 1997 | 1.48 million current US$ | +38.1% |
| 1998 | 4.98 million current US$ | +236.5% |
| 1999 | 6.02 million current US$ | +20.8% |
| 2000 | 1.17 million current US$ | -80.6% |
| 2001 | 8.72 million current US$ | +647.2% |
| 2002 | 15.19 million current US$ | +74.3% |
| 2003 | 111.05 million current US$ | +631.0% |
| 2004 | 41.64 million current US$ | -62.5% |
| 2005 | 41.57 million current US$ | -0.2% |
| 2006 | 54.08 million current US$ | +30.1% |
| 2007 | 150.72 million current US$ | +178.7% |
| 2008 | 71.79 million current US$ | -52.4% |
| 2009 | 63.69 million current US$ | -11.3% |
| 2010 | 60.39 million current US$ | -5.2% |
| 2011 | 78.31 million current US$ | +29.7% |
Guinea compared with similar countries
- Guinea's 78.31 million current US$ is below the median for lower middle income countries, which is 96.58 million current US$, 81% of the median. (24 countries reporting)
- Guinea's 78.31 million current US$ is below the median for Sub-Saharan Africa, which is 84.49 million current US$, 93% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where Migrant remittance inflows in Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | +38057.1% | 70,000 current US$ | 26.71 million current US$ |
| 2001 | +647.2% | 1.17 million current US$ | 8.72 million current US$ |
| 2003 | +631.0% | 15.19 million current US$ | 111.05 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.95 million current US$ | 70,000 current US$ | 26.71 million current US$ | 3 |
| 1990s | 2.46 million current US$ | 490,000 current US$ | 6.02 million current US$ | 6 |
| 2000s | 55.96 million current US$ | 1.17 million current US$ | 150.72 million current US$ | 10 |
| 2010s | 69.35 million current US$ | 60.39 million current US$ | 78.31 million current US$ | 2 |
Countries ranked near Guinea
More trade data for Guinea
- Commodity Net Export Price Index, Individual Commodities Weighted by 123.62 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 104.13 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 101.95 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 116.29 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.91 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 67.49 (2025)
- Imports of low carbon technology products, Percent of GDP 0.7535 (2016)
- Imports of low carbon technology products, US dollar (World), per 5.37 units per person (2016)
- Imports of low carbon technology products, US dollar (World), per 0.0075 units per US$ of GDP (2016)
- Exports of low carbon technology products, US dollar (World), gaps 2.94 million (2016)
Frequently asked questions
- What is migrant remittance inflows in Guinea?
- Migrant remittance inflows in Guinea was 78.31 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?
- The highest recorded value was 150.72 million current US$ in 2007.
- What is the lowest migrant remittance inflows recorded in Guinea?
- The lowest recorded value was 70,000 current US$ in 1986.
- How does Guinea rank for migrant remittance inflows?
- Guinea ranks 27th out of 50 countries with data for 2011.
- Is migrant remittance inflows rising or falling in Guinea?
- Over the last ten years it is up 798.5%. The long-run trend across the full record is volatile.
- Where does this Guinea 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
CSV · JSON — 21 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Migrants’ remittances are defined as the sum of worker’s remittances,