Migrant remittance inflows (% of GDP) in Guinea
Guinea: Migrant remittance inflows (% of GDP) was 1.5% 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, and World Bank and OECD GDP estimates. Measured in % of GDP.
Analysis
In 2011, migrant remittance inflows in Guinea stood at 1.5%.
The figure is up 20.7% on the previous year and up 400.2% over ten years.
Over the whole period, migrant remittance inflows in Guinea peaked at 3.6% in 2007 and was at its lowest, 0.0%, in 1987.
That places Guinea 29th 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 (% of GDP) in Guinea, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1986 | 0.0% | — |
| 1987 | 0.0% | -5.8% |
| 1988 | 1.1% | +32571.9% |
| 1994 | 0.0% | -98.7% |
| 1995 | 0.0% | +38.3% |
| 1996 | 0.0% | +38.3% |
| 1997 | 0.0% | +41.2% |
| 1998 | 0.1% | +254.8% |
| 1999 | 0.2% | +25.2% |
| 2000 | 0.0% | -77.6% |
| 2001 | 0.3% | +689.9% |
| 2002 | 0.5% | +67.4% |
| 2003 | 3.2% | +525.7% |
| 2004 | 1.1% | -64.8% |
| 2005 | 1.4% | +24.6% |
| 2006 | 1.9% | +35.4% |
| 2007 | 3.6% | +86.8% |
| 2008 | 1.9% | -46.9% |
| 2009 | 1.5% | -19.5% |
| 2010 | 1.3% | -16.6% |
| 2011 | 1.5% | +20.7% |
Guinea compared with similar countries
- Guinea's 1.5% is below the median for lower middle income countries, which is 2.0%, 75% of the median. (24 countries reporting)
- Guinea's 1.5% is below the median for Sub-Saharan Africa, which is 1.7%, 93% of the median. (44 countries reporting)
Biggest year-on-year movements
Years where Migrant remittance inflows (% of GDP) 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 | +32571.9% | 0.0% | 1.1% |
| 2001 | +689.9% | 0.0% | 0.3% |
| 2003 | +525.7% | 0.5% | 3.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.4% | 0.0% | 1.1% | 3 |
| 1990s | 0.1% | 0.0% | 0.2% | 6 |
| 2000s | 1.6% | 0.0% | 3.6% | 10 |
| 2010s | 1.4% | 1.3% | 1.5% | 2 |
Countries ranked near Guinea
- 26 Niger 1.7% compare
- 27 Rwanda 1.6% compare
- 28 Cote d'Ivoire 1.6% compare
- 30 Eswatini 1.3% compare
- 31 Mozambique 1.2% compare
- 32 Burkina Faso 1.1% compare
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 1.5% 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?
- The highest recorded value was 3.6% in 2007.
- What is the lowest migrant remittance inflows recorded in Guinea?
- The lowest recorded value was 0.0% in 1987.
- How does Guinea rank for migrant remittance inflows?
- Guinea ranks 29th 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 400.2%. 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, 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,