Migrant remittance inflows in Guinea

Guinea: Migrant remittance inflows was 1.5% in 2011. ◆ Volatile

Latest (2011)
1.5%
Change on year
up 20.7%
World rank
29th
of 50 countries
All-time high
3.6%
in 2007
All-time low
0.0%
in 1987
Years of data
21
1986–2011

Migrant remittance inflows in Guinea, 1986–2011

012341986199820111986: 0.004 % of GDP1987: 0.003 % of GDP1988: 1.1 % of GDP1994: 0.014 % of GDP1995: 0.02 % of GDP1996: 0.028 % of GDP1997: 0.039 % of GDP1998: 0.139 % of GDP1999: 0.174 % of GDP2000: 0.039 % of GDP2001: 0.308 % of GDP2002: 0.515 % of GDP2003: 3.2 % of GDP2004: 1.1 % of GDP2005: 1.4 % of GDP2006: 1.9 % of GDP2007: 3.6 % of GDP2008: 1.9 % of GDP2009: 1.5 % of GDP2010: 1.3 % of GDP2011: 1.5 % of GDP

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 in Guinea, year by year

Annual values for Migrant remittance inflows (% of GDP) in Guinea, 1986 to 2011.
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%

Averages by decade

DecadeAverage LowestHighest 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

  1. 26 Niger 1.7% compare
  2. 27 Rwanda 1.6% compare
  3. 28 Côte d'Ivoire 1.6% compare
  4. 30 Eswatini 1.3% compare
  5. 31 Mozambique 1.2% compare
  6. 32 Burkina Faso 1.1% compare

See the full ranking of 56 places →

More trade data for Guinea

All data for Guinea →

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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Migrant remittance inflows in Guinea. Statizoid, drawing on World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, and World Bank and OECD GDP estimates. Retrieved 22 August 2026, from https://trade.statizoid.com/stat/migrant-remittance-inflows-percent-of-gdp/guinea/

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About this data

Indicator
Migrant remittance inflows (% of GDP)
Unit
% of GDP
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
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
56 places, 1,400 data points, 1970–2011
Last refreshed

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