Private current transfers, receipts in Guinea
Guinea: Private current transfers, receipts was 353.67 million BoP, current US$ in 2011. ◆ Volatile
Private current transfers, receipts in Guinea, 2005–2011
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
The most recent figure for private current transfers, receipts in Guinea is 353.67 million BoP, current US$, 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.
Private current transfers, receipts in Guinea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 2005 | 41.64 million BoP, current US$ | — |
| 2006 | 29.50 million BoP, current US$ | -29.2% |
| 2007 | 35.32 million BoP, current US$ | +19.7% |
| 2008 | 102.57 million BoP, current US$ | +190.4% |
| 2009 | 61.89 million BoP, current US$ | -39.7% |
| 2010 | 81.52 million BoP, current US$ | +31.7% |
| 2011 | 353.67 million BoP, current US$ | +333.8% |
Guinea compared with similar countries
- Guinea's 353.67 million BoP, current US$ is above the median for lower middle income countries, which is 310.98 million BoP, current US$, 1.1× the median. (19 countries reporting)
- Guinea's 353.67 million BoP, current US$ is above the median for Sub-Saharan Africa, which is 286.56 million BoP, current US$, 1.2× the median. (34 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 54.18 million BoP, current US$ | 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
- 13 Mali 488.09 million BoP, current US$ compare
- 14 Tanzania 424.50 million BoP, current US$ compare
- 15 Cape Verde 379.29 million BoP, current US$ compare
- 17 Malawi 345.55 million BoP, current US$ compare
- 18 Mauritius 316.48 million BoP, current US$ compare
- 19 Togo 310.98 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 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
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.