Official current transfers, receipts in Guinea

Guinea: Official current transfers, receipts was 53.79 million BoP, current US$ in 2011. ◆ Volatile

Latest (2011)
53.79 million BoP, current US$
Change on year
up 2,259.2%
World rank
34th
of 40 countries
All-time high
53.79 million BoP, current US$
in 2011
All-time low
1.90 million BoP, current US$
in 2008
Years of data
7
2005–2011

Official current transfers, receipts in Guinea, 2005–2011

020.0M40.0M60.0M2005200820112005: 7.5M BoP, current US$2006: 26.5M BoP, current US$2007: 7.8M BoP, current US$2008: 1.9M BoP, current US$2009: 23.4M BoP, current US$2010: 2.3M BoP, current US$2011: 53.8M BoP, current US$

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, 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.

Averages by decade

DecadeAverage LowestHighest 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

  1. 31 Benin 87.50 million BoP, current US$ compare
  2. 32 Mauritius 86.37 million BoP, current US$ compare
  3. 33 Cape Verde 71.54 million BoP, current US$ compare
  4. 35 Gambia 46.00 million BoP, current US$ compare
  5. 36 Angola 36.17 million BoP, current US$ compare
  6. 37 Djibouti 34.01 million BoP, current US$ compare

See the full ranking of 46 places →

More trade data for Guinea

All data for Guinea →

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

Indicator
Official current transfers, receipts (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
46 places, 305 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.