Net current transfers in Guinea-Bissau
Guinea-Bissau: Net current transfers was 7.2% in 2010. ▬ Flat
Net current transfers in Guinea-Bissau, 2005–2010
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator. Measured in % of GDP.
Analysis
Guinea-Bissau recorded 7.2% for net current transfers in 2010. That is the lowest value across all 6 years on record.
Compared with earlier readings it is down 38.9% on the previous year and down 19.6% over ten years.
That places Guinea-Bissau 20th out of 41 countries with data for 2010, putting it in the middle of the range.
Net current transfers in Guinea-Bissau, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 8.9% | — |
| 2006 | 10.0% | +11.8% |
| 2007 | 10.9% | +8.6% |
| 2008 | 11.6% | +7.1% |
| 2009 | 11.8% | +1.2% |
| 2010 | 7.2% | -38.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 10.6% | 8.9% | 11.8% | 5 |
| 2010s | 7.2% | 7.2% | 7.2% | 1 |
Countries ranked near Guinea-Bissau
More trade data for Guinea-Bissau
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- 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 net current transfers in Guinea-Bissau?
- Net current transfers in Guinea-Bissau was 7.2% in 2010, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator.
- What is the highest net current transfers recorded in Guinea-Bissau?
- The highest recorded value was 11.8% in 2009.
- What is the lowest net current transfers recorded in Guinea-Bissau?
- The lowest recorded value was 7.2% in 2010.
- How does Guinea-Bissau rank for net current transfers?
- Guinea-Bissau ranks 20th out of 41 countries with data for 2010.
- Is net current transfers rising or falling in Guinea-Bissau?
- Over the last ten years it is down 19.6%. The long-run trend across the full record is flat.
- Where does this Guinea-Bissau data come from?
- The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files. World Bank GDP estimates are used for the denominator, published as part of Net current transfers (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Net current transfers are recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.