Official transfers, current and capital (Credit, current US$) in Guinea
Guinea: Official transfers, current and capital (Credit, current US$) was 193.46 million Credit, current US$ in 2011. ◆ Volatile
Official transfers, current and capital in Guinea, 2005–2011
Source: World Bank country economists. Measured in Credit, current US$.
Analysis
In 2011, official transfers, current and capital in Guinea stood at 193.46 million Credit, current US$. That is the highest value across all 7 years on record.
That represents a change of up 290.2% on the previous year and up 587.7% over ten years.
That places Guinea 29th out of 35 countries with data for 2011, putting it in the bottom quarter.
Official transfers, current and capital (Credit, current US$) in Guinea, year by year
| Year | Credit, current US$ | Change |
|---|---|---|
| 2005 | 28.13 million Credit, current US$ | — |
| 2006 | 53.94 million Credit, current US$ | +91.8% |
| 2007 | 114.32 million Credit, current US$ | +111.9% |
| 2008 | 36.65 million Credit, current US$ | -67.9% |
| 2009 | 62.89 million Credit, current US$ | +71.6% |
| 2010 | 49.58 million Credit, current US$ | -21.2% |
| 2011 | 193.46 million Credit, current US$ | +290.2% |
Guinea compared with similar countries
- Guinea's 193.46 million Credit, current US$ is below the median for lower middle income countries, which is 409.97 million Credit, current US$, 47% of the median. (18 countries reporting)
- Guinea's 193.46 million Credit, current US$ is below the median for Sub-Saharan Africa, which is 449.50 million Credit, current US$, 43% of the median. (30 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 59.19 million Credit, current US$ | 28.13 million Credit, current US$ | 114.32 million Credit, current US$ | 5 |
| 2010s | 121.52 million Credit, current US$ | 49.58 million Credit, current US$ | 193.46 million Credit, current US$ | 2 |
Countries ranked near Guinea
- 26 Zambia 265.24 million Credit, current US$ compare
- 27 Benin 240.13 million Credit, current US$ compare
- 28 Burundi 197.53 million Credit, current US$ compare
- 30 Djibouti 93.69 million Credit, current US$ compare
- 31 Mauritius 84.52 million Credit, current US$ compare
- 32 Cape Verde 83.85 million Credit, 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 transfers, current and capital in Guinea?
- Official transfers, current and capital in Guinea was 193.46 million Credit, current US$ in 2011, according to World Bank country economists.
- What is the highest official transfers, current and capital recorded in Guinea?
- The highest recorded value was 193.46 million Credit, current US$ in 2011.
- What is the lowest official transfers, current and capital recorded in Guinea?
- The lowest recorded value was 28.13 million Credit, current US$ in 2005.
- How does Guinea rank for official transfers, current and capital?
- Guinea ranks 29th out of 35 countries with data for 2011.
- Is official transfers, current and capital rising or falling in Guinea?
- Over the last ten years it is up 587.7%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from World Bank country economists, published as part of Official transfers, current and capital (Credit, 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