Private current transfers, receipts in Guinea

Guinea: Private current transfers, receipts was 353.67 million BoP, current US$ in 2011. ◆ Volatile

Latest (2011)
353.67 million BoP, current US$
Change on year
up 333.8%
World rank
16th
of 39 countries
All-time high
353.67 million BoP, current US$
in 2011
All-time low
29.50 million BoP, current US$
in 2006
Years of data
7
2005–2011

Private current transfers, receipts in Guinea, 2005–2011

0100.0M200.0M300.0M400.0M2005200820112005: 41.6M BoP, current US$2006: 29.5M BoP, current US$2007: 35.3M BoP, current US$2008: 102.6M BoP, current US$2009: 61.9M BoP, current US$2010: 81.5M BoP, current US$2011: 353.7M BoP, current US$

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, receipts in Guinea is 353.67 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 333.8% on the previous year and up 749.4% over ten years.

That places Guinea 16th out of 39 countries with data for 2011, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 54.18 million BoP, current US$ 29.50 million BoP, current US$ 102.57 million BoP, current US$ 5
2010s 217.59 million BoP, current US$ 81.52 million BoP, current US$ 353.67 million BoP, current US$ 2

Countries ranked near Guinea

  1. 13 Mali 488.09 million BoP, current US$ compare
  2. 14 Tanzania 424.50 million BoP, current US$ compare
  3. 15 Cape Verde 379.29 million BoP, current US$ compare
  4. 17 Malawi 345.55 million BoP, current US$ compare
  5. 18 Mauritius 316.48 million BoP, current US$ compare
  6. 19 Togo 310.98 million BoP, current US$ compare

See the full ranking of 45 places →

More trade data for Guinea

All data for Guinea →

Frequently asked questions

What is private current transfers, receipts in Guinea?
Private current transfers, receipts in Guinea was 353.67 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, receipts recorded in Guinea?
The highest recorded value was 353.67 million BoP, current US$ in 2011.
What is the lowest private current transfers, receipts recorded in Guinea?
The lowest recorded value was 29.50 million BoP, current US$ in 2006.
How does Guinea rank for private current transfers, receipts?
Guinea ranks 16th out of 39 countries with data for 2011.
Is private current transfers, receipts rising or falling in Guinea?
Over the last ten years it is up 749.4%. 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, receipts (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Private 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
45 places, 299 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.