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$, in 1986.
That places Guinea 27th out of 50 countries with data for 2011, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.95 million current US$ | 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
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 9.00 million FAO, current US$ (2010)
- Food imports excluding fish 374.37 million FAO, current US$ (2010)
- Total agricultural imports 423.82 million FAO, current US$ (2010)
- Cereal imports 148.75 million FAO, current US$ (2010)
- Cereal imports quantity 433,586 FAO, tonnes (2010)
- Total agricultural exports 91.30 million FAO, current US$ (2010)
- Cereal exports 3.75 million FAO, current US$ (2010)
- Cereal exports quantity 10,056 FAO, tonnes (2010)
- Merchandise exports, WB 806.60 million current US$ (2005)
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,