Official current transfers, payments in Guinea
Guinea: Official current transfers, payments was 340,000 BoP, current US$ in 2011. ◆ Volatile
Official current transfers, payments in Guinea, 2005–2011
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
The most recent figure for official current transfers, payments in Guinea is 340,000 BoP, current US$, measured in 2011.
The figure is up 142.9% on the previous year and up 1,033.3% over ten years.
Guinea ranks 31st of 34 countries on this measure, in the bottom quarter.
Official current transfers, payments in Guinea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 30,000 BoP, current US$ | — |
| 2006 | 26.88 million BoP, current US$ | +89500.0% |
| 2007 | 410,000 BoP, current US$ | -98.5% |
| 2008 | 410,000 BoP, current US$ | +0.0% |
| 2009 | 260,000 BoP, current US$ | -36.6% |
| 2010 | 140,000 BoP, current US$ | -46.2% |
| 2011 | 340,000 BoP, current US$ | +142.9% |
Guinea compared with similar countries
- Guinea's 340,000 BoP, current US$ is below the median for lower middle income countries, which is 20.54 million BoP, current US$, 2% of the median. (17 countries reporting)
- Guinea's 340,000 BoP, current US$ is below the median for Sub-Saharan Africa, which is 5.73 million BoP, current US$, 6% of the median. (29 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.60 million BoP, current US$ | 30,000 BoP, current US$ | 26.88 million BoP, current US$ | 5 |
| 2010s | 240,000 BoP, current US$ | 140,000 BoP, current US$ | 340,000 BoP, current US$ | 2 |
Countries ranked near Guinea
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 official current transfers, payments in Guinea?
- Official current transfers, payments in Guinea was 340,000 BoP, current US$ in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
- What is the highest official current transfers, payments recorded in Guinea?
- The highest recorded value was 26.88 million BoP, current US$ in 2006.
- What is the lowest official current transfers, payments recorded in Guinea?
- The lowest recorded value was 30,000 BoP, current US$ in 2005.
- How does Guinea rank for official current transfers, payments?
- Guinea ranks 31st out of 34 countries with data for 2011.
- Is official current transfers, payments rising or falling in Guinea?
- Over the last ten years it is up 1,033.3%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as part of Official current transfers, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
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.