Migrant remittance inflows in Guinea-Bissau
Guinea-Bissau: Migrant remittance inflows was 4.7% 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, and World Bank and OECD GDP estimates. Measured in % of GDP.
Analysis
In 2011, migrant remittance inflows in Guinea-Bissau stood at 4.7%.
Compared with earlier readings it is down 13.7% on the previous year and down 5.9% over ten years.
Over the whole period, migrant remittance inflows in Guinea-Bissau peaked at 8.7% in 2002 and was at its lowest, 0.4%, in 1990.
That places Guinea-Bissau 12th out of 50 countries with data for 2011, putting it in the top quarter.
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
| Year | % of GDP | Change |
|---|---|---|
| 1988 | 0.9% | — |
| 1989 | 0.6% | -38.3% |
| 1990 | 0.4% | -27.2% |
| 1996 | 0.7% | +80.4% |
| 1997 | 0.7% | +0.7% |
| 2001 | 5.0% | +576.5% |
| 2002 | 8.7% | +71.9% |
| 2003 | 4.9% | -43.8% |
| 2004 | 5.3% | +8.9% |
| 2005 | 3.5% | -34.5% |
| 2006 | 4.4% | +27.0% |
| 2007 | 6.2% | +41.2% |
| 2008 | 5.9% | -5.8% |
| 2009 | 5.9% | +0.0% |
| 2010 | 5.5% | -6.4% |
| 2011 | 4.7% | -13.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.7% | 0.6% | 0.9% | 2 |
| 1990s | 0.6% | 0.4% | 0.7% | 3 |
| 2000s | 5.5% | 3.5% | 8.7% | 9 |
| 2010s | 5.1% | 4.7% | 5.5% | 2 |
Countries ranked near Guinea-Bissau
More trade data for Guinea-Bissau
- Commodity Net Export Price Index, Individual Commodities Weighted by 117.59 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 101.41 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.22 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 92.66 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.85 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 68.93 (2025)
- Imports of low carbon technology products, Percent of GDP 0.1969 (2018)
- Imports of low carbon technology products, US dollar (World), per 1.59 units per person (2018)
- Imports of low carbon technology products, US dollar (World), per 0.002 units per US$ of GDP (2018)
- Imports of low carbon technology products, US dollar (World), gaps 3.06 million (2018)
Frequently asked questions
- What is migrant remittance inflows in Guinea-Bissau?
- Migrant remittance inflows in Guinea-Bissau was 4.7% in 2011, according to World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, and World Bank and OECD GDP estimates.
- What is the highest migrant remittance inflows recorded in Guinea-Bissau?
- The highest recorded value was 8.7% in 2002.
- What is the lowest migrant remittance inflows recorded in Guinea-Bissau?
- The lowest recorded value was 0.4% in 1990.
- How does Guinea-Bissau rank for migrant remittance inflows?
- Guinea-Bissau ranks 12th 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 down 5.9%. 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, and World Bank and OECD GDP estimates, published as part of Migrant remittance inflows (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Migrants’ remittances are defined as the sum of worker’s remittances,