Workers' remittances, net in Guinea-Bissau
Guinea-Bissau: Workers' remittances, net was 24.50 million BoP, current US$ in 2010. ▲ Rising
Workers' remittances, net in Guinea-Bissau, 2005–2010
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
The most recent figure for workers' remittances, net in Guinea-Bissau is 24.50 million BoP, current US$, measured in 2010.
The figure is down 14.9% on the previous year and up 68.8% over ten years.
That places Guinea-Bissau 23rd out of 39 countries with data for 2010, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 27.34 million BoP, current US$ | 14.52 million BoP, current US$ | 38.86 million BoP, current US$ | 5 |
| 2010s | 24.50 million BoP, current US$ | 24.50 million BoP, current US$ | 24.50 million BoP, current US$ | 1 |
Countries ranked near Guinea-Bissau
- 20 Burundi 35.90 million BoP, current US$ compare
- 21 Guinea 31.34 million BoP, current US$ compare
- 22 Niger 30.67 million BoP, current US$ compare
- 24 Tanzania 18.67 million BoP, current US$ compare
- 25 Burkina Faso 11.33 million BoP, current US$ compare
- 26 Seychelles 7.03 million BoP, current US$ compare
More trade data for Guinea-Bissau
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 90,000 FAO, current US$ (2010)
- Food imports excluding fish 73.04 million FAO, current US$ (2010)
- Total agricultural imports 90.74 million FAO, current US$ (2010)
- Cereal imports 26.61 million FAO, current US$ (2010)
- Cereal imports quantity 63,364 FAO, tonnes (2010)
- Total agricultural exports 57.87 million FAO, current US$ (2010)
- Cereal exports 0 FAO, current US$ (2010)
- Cereal exports quantity 0 FAO, tonnes (2010)
- Merchandise exports, WB 129.91 million current US$ (2011)
Frequently asked questions
- What is workers' remittances, net in Guinea-Bissau?
- Workers' remittances, net in Guinea-Bissau was 24.50 million BoP, current US$ in 2010, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
- What is the highest workers' remittances, net recorded in Guinea-Bissau?
- The highest recorded value was 38.86 million BoP, current US$ in 2007.
- What is the lowest workers' remittances, net recorded in Guinea-Bissau?
- The lowest recorded value was 14.52 million BoP, current US$ in 2005.
- How does Guinea-Bissau rank for workers' remittances, net?
- Guinea-Bissau ranks 23rd out of 39 countries with data for 2010.
- Is workers' remittances, net rising or falling in Guinea-Bissau?
- Over the last ten years it is up 68.8%. The long-run trend across the full record is rising.
- Where does this Guinea-Bissau data come from?
- The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as part of Workers' remittances, net (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Workers' remittances are current transfers by migrants who are employed or intend to remain employed for more than a year in another economy in which they are considered residents. Some developing countries classify workers' remittances as a factor income receipt (and thus as a component of GNI). The World Bank adheres to international guidelines in defining GNI, and its classification of workers' remittances may therefore differ from national practices. Data are in current U.S. dollars.