Migrant remittance outflows in Guinea-Bissau
Guinea-Bissau: Migrant remittance outflows was 19.65 million current US$ in 2011. ◆ Volatile
Migrant remittance outflows in Guinea-Bissau, 1982–2011
Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Measured in current US$.
Analysis
In 2011, migrant remittance outflows in Guinea-Bissau stood at 19.65 million current US$.
The figure is up 262.8% over ten years.
Over the whole period, migrant remittance outflows in Guinea-Bissau peaked at 20.18 million current US$ in 2009 and was at its lowest, 3.41 million current US$, in 1995.
Guinea-Bissau ranks 33rd of 49 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 11.18 million current US$ | 4.00 million current US$ | 18.60 million current US$ | 8 |
| 1990s | 13.01 million current US$ | 3.41 million current US$ | 20.01 million current US$ | 6 |
| 2000s | 8.53 million current US$ | 4.32 million current US$ | 20.18 million current US$ | 8 |
| 2010s | 19.65 million current US$ | 19.65 million current US$ | 19.65 million current US$ | 2 |
Countries ranked near Guinea-Bissau
- 30 Madagascar 21.21 million current US$ compare
- 31 Sierra Leone 20.61 million current US$ compare
- 32 Seychelles 20.49 million current US$ compare
- 34 Ethiopia 19.08 million current US$ compare
- 35 Tunisia 19.04 million current US$ compare
- 36 Malawi 17.57 million current US$ compare
More trade data for Guinea-Bissau
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 90,000 FAO, current US$ (2010)
- Food imports excluding fish 73.04 million FAO, current US$ (2010)
- Total agricultural imports 90.74 million FAO, current US$ (2010)
- Cereal imports 26.61 million FAO, current US$ (2010)
- Cereal imports quantity 63,364 FAO, tonnes (2010)
- Total agricultural exports 57.87 million FAO, current US$ (2010)
- Cereal exports 0 FAO, current US$ (2010)
- Cereal exports quantity 0 FAO, tonnes (2010)
- Merchandise exports, WB 129.91 million current US$ (2011)
Frequently asked questions
- What is migrant remittance outflows in Guinea-Bissau?
- Migrant remittance outflows in Guinea-Bissau was 19.65 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 outflows recorded in Guinea-Bissau?
- The highest recorded value was 20.18 million current US$ in 2009.
- What is the lowest migrant remittance outflows recorded in Guinea-Bissau?
- The lowest recorded value was 3.41 million current US$ in 1995.
- How does Guinea-Bissau rank for migrant remittance outflows?
- Guinea-Bissau ranks 33rd out of 49 countries with data for 2011.
- Is migrant remittance outflows rising or falling in Guinea-Bissau?
- Over the last ten years it is up 262.8%. 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, published as part of Migrant remittance outflows (current US$). 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,