Official current transfers, receipts (BoP, current US$) in Guinea
Guinea: Official current transfers, receipts (BoP, current US$) was 53.79 million BoP, current US$ in 2011. ◆ Volatile
Official current transfers, receipts in Guinea, 2005–2011
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
The most recent figure for official current transfers, receipts in Guinea is 53.79 million BoP, current US$, measured in 2011. That is the highest value across all 7 years on record.
Compared with earlier readings it is up 2,259.2% on the previous year and up 612.5% over ten years.
That places Guinea 34th out of 40 countries with data for 2011, putting it in the bottom quarter.
Official current transfers, receipts (BoP, current US$) in Guinea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 7.55 million BoP, current US$ | — |
| 2006 | 26.53 million BoP, current US$ | +251.4% |
| 2007 | 7.82 million BoP, current US$ | -70.5% |
| 2008 | 1.90 million BoP, current US$ | -75.7% |
| 2009 | 23.36 million BoP, current US$ | +1129.5% |
| 2010 | 2.28 million BoP, current US$ | -90.2% |
| 2011 | 53.79 million BoP, current US$ | +2259.2% |
Guinea compared with similar countries
- Guinea's 53.79 million BoP, current US$ is below the median for lower middle income countries, which is 154.06 million BoP, current US$, 35% of the median. (19 countries reporting)
- Guinea's 53.79 million BoP, current US$ is below the median for Sub-Saharan Africa, which is 220.69 million BoP, current US$, 24% of the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 13.43 million BoP, current US$ | 1.90 million BoP, current US$ | 26.53 million BoP, current US$ | 5 |
| 2010s | 28.04 million BoP, current US$ | 2.28 million BoP, current US$ | 53.79 million BoP, current US$ | 2 |
Countries ranked near Guinea
- 31 Benin 87.50 million BoP, current US$ compare
- 32 Mauritius 86.37 million BoP, current US$ compare
- 33 Cape Verde 71.54 million BoP, current US$ compare
- 35 Gambia 46.00 million BoP, current US$ compare
- 36 Angola 36.17 million BoP, current US$ compare
- 37 Djibouti 34.01 million BoP, current US$ compare
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, receipts in Guinea?
- Official current transfers, receipts in Guinea was 53.79 million 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, receipts recorded in Guinea?
- The highest recorded value was 53.79 million BoP, current US$ in 2011.
- What is the lowest official current transfers, receipts recorded in Guinea?
- The lowest recorded value was 1.90 million BoP, current US$ in 2008.
- How does Guinea rank for official current transfers, receipts?
- Guinea ranks 34th out of 40 countries with data for 2011.
- Is official current transfers, receipts rising or falling in Guinea?
- Over the last ten years it is up 612.5%. 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, receipts (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.