Private current transfers, net in Guinea

Guinea: Private current transfers, net was 86.02 million BoP, current US$ in 2011. ◆ Volatile

Latest (2011)
86.02 million BoP, current US$
Change on year
up 476.9%
World rank
25th
of 37 countries
All-time high
86.02 million BoP, current US$
in 2011
All-time low
-138.00 million BoP, current US$
in 2007
Years of data
7
2005–2011

Private current transfers, net in Guinea, 2005–2011

-150.0M-100.0M-50.0M050.0M100.0M2005200820112005: -17.6M BoP, current US$2006: -20.3M BoP, current US$2007: -138.0M BoP, current US$2008: 17.0M BoP, current US$2009: 10.6M BoP, current US$2010: 14.9M BoP, current US$2011: 86.0M BoP, current US$

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.

Analysis

The most recent figure for private current transfers, net in Guinea is 86.02 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 476.9% on the previous year and up 588.8% over ten years.

That places Guinea 25th out of 37 countries with data for 2011, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s -29.65 million BoP, current US$ -138.00 million BoP, current US$ 16.99 million BoP, current US$ 5
2010s 50.47 million BoP, current US$ 14.91 million BoP, current US$ 86.02 million BoP, current US$ 2

Countries ranked near Guinea

  1. 22 Niger 131.95 million BoP, current US$ compare
  2. 23 Burkina Faso 129.73 million BoP, current US$ compare
  3. 24 Gambia 86.79 million BoP, current US$ compare
  4. 26 Benin 71.07 million BoP, current US$ compare
  5. 27 Mauritius 46.65 million BoP, current US$ compare
  6. 28 Djibouti 45.22 million BoP, current US$ compare

See the full ranking of 43 places →

More trade data for Guinea

All data for Guinea →

Frequently asked questions

What is private current transfers, net in Guinea?
Private current transfers, net in Guinea was 86.02 million BoP, current US$ in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
What is the highest private current transfers, net recorded in Guinea?
The highest recorded value was 86.02 million BoP, current US$ in 2011.
What is the lowest private current transfers, net recorded in Guinea?
The lowest recorded value was -138.00 million BoP, current US$ in 2007.
How does Guinea rank for private current transfers, net?
Guinea ranks 25th out of 37 countries with data for 2011.
Is private current transfers, net rising or falling in Guinea?
Over the last ten years it is up 588.8%. 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 Private current transfers, net (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Private current transfers, net (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
43 places, 285 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.