Official current transfers, payments in Guinea

Guinea: Official current transfers, payments was 340,000 BoP, current US$ in 2011. ◆ Volatile

Latest (2011)
340,000 BoP, current US$
Change on year
up 142.9%
World rank
31st
of 34 countries
All-time high
26.88 million BoP, current US$
in 2006
All-time low
30,000 BoP, current US$
in 2005
Years of data
7
2005–2011

Official current transfers, payments in Guinea, 2005–2011

010.0M20.0M30.0M2005200820112005: 30.0k BoP, current US$2006: 26.9M BoP, current US$2007: 410.0k BoP, current US$2008: 410.0k BoP, current US$2009: 260.0k BoP, current US$2010: 140.0k BoP, current US$2011: 340.0k BoP, current US$

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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 28 Sierra Leone 1.18 million BoP, current US$ compare
  2. 29 Burundi 899,778 BoP, current US$ compare
  3. 30 Malawi 749,915 BoP, current US$ compare
  4. 32 Niger 308,918 BoP, current US$ compare
  5. 33 Sao Tome and Principe 307,960 BoP, current US$ compare
  6. 34 Tanzania 200,000 BoP, current US$ compare

See the full ranking of 35 places →

More trade data for Guinea

All data for Guinea →

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.

Download this data

CSV · JSON — 7 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Official current transfers, payments (BoP, current US$)
Unit
BoP, current US$
Source
International Monetary Fund, Balance of Payments Statistics Yearbook and data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
35 places, 231 data points, 2005–2011
Last refreshed

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.