Workers' remittances, payments in Guinea-Bissau
Guinea-Bissau: Workers' remittances, payments was 19.41 million BoP, current US$ in 2010. ◆ Volatile
Workers' remittances, payments in Guinea-Bissau, 2005–2010
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
In 2010, workers' remittances, payments in Guinea-Bissau stood at 19.41 million BoP, current US$.
That represents a change of down 3.3% on the previous year and up 282.0% over ten years.
Guinea-Bissau ranks 24th of 34 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 9.95 million BoP, current US$ | 4.02 million BoP, current US$ | 20.07 million BoP, current US$ | 5 |
| 2010s | 19.41 million BoP, current US$ | 19.41 million BoP, current US$ | 19.41 million BoP, current US$ | 1 |
Countries ranked near Guinea-Bissau
- 21 Cameroon 27.77 million BoP, current US$ compare
- 22 Kenya 25.86 million BoP, current US$ compare
- 23 Gambia 22.96 million BoP, current US$ compare
- 25 Ethiopia 19.08 million BoP, current US$ compare
- 26 Sierra Leone 18.44 million BoP, current US$ compare
- 27 Seychelles 17.56 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, payments in Guinea-Bissau?
- Workers' remittances, payments in Guinea-Bissau was 19.41 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, payments recorded in Guinea-Bissau?
- The highest recorded value was 20.07 million BoP, current US$ in 2009.
- What is the lowest workers' remittances, payments recorded in Guinea-Bissau?
- The lowest recorded value was 4.02 million BoP, current US$ in 2006.
- How does Guinea-Bissau rank for workers' remittances, payments?
- Guinea-Bissau ranks 24th out of 34 countries with data for 2010.
- Is workers' remittances, payments rising or falling in Guinea-Bissau?
- Over the last ten years it is up 282.0%. The long-run trend across the full record is volatile.
- 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, payments (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. This item shows payments by the reporting country. Data are in current U.S. dollars.