Migrant remittance outflows in Guinea
Guinea: Migrant remittance outflows was 42.98 million current US$ in 2011. ◆ Volatile
Migrant remittance outflows 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$.
Analysis
In 2011, migrant remittance outflows in Guinea stood at 42.98 million current US$.
The figure is down 0.9% on the previous year and up 16.7% over ten years.
Over the whole period, migrant remittance outflows in Guinea peaked at 119.43 million current US$ in 2007 and was at its lowest, 10.43 million current US$, in 1995.
Guinea ranks 24th of 49 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 15.38 million current US$ | 11.72 million current US$ | 19.73 million current US$ | 4 |
| 1990s | 18.20 million current US$ | 10.43 million current US$ | 22.93 million current US$ | 10 |
| 2000s | 50.72 million current US$ | 17.81 million current US$ | 119.43 million current US$ | 10 |
| 2010s | 43.18 million current US$ | 42.98 million current US$ | 43.38 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 outflows in Guinea?
- Migrant remittance outflows in Guinea was 42.98 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?
- The highest recorded value was 119.43 million current US$ in 2007.
- What is the lowest migrant remittance outflows recorded in Guinea?
- The lowest recorded value was 10.43 million current US$ in 1995.
- How does Guinea rank for migrant remittance outflows?
- Guinea ranks 24th out of 49 countries with data for 2011.
- Is migrant remittance outflows rising or falling in Guinea?
- Over the last ten years it is up 16.7%. 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 outflows (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 26 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,