Workers' remittances, payments in Guinea
Guinea: Workers' remittances, payments was 32.16 million BoP, current US$ in 2011. ▼ Falling
Workers' remittances, payments in Guinea, 2005–2011
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
Guinea recorded 32.16 million BoP, current US$ for workers' remittances, payments in 2011.
The figure is up 0.1% on the previous year and down 44.4% over ten years.
That places Guinea 20th out of 34 countries with data for 2011, putting it in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 41.52 million BoP, current US$ | 30.71 million BoP, current US$ | 57.84 million BoP, current US$ | 5 |
| 2010s | 32.15 million BoP, current US$ | 32.13 million BoP, current US$ | 32.16 million BoP, current US$ | 2 |
Countries ranked near Guinea
- 17 Mozambique 36.18 million BoP, current US$ compare
- 18 Tanzania 32.70 million BoP, current US$ compare
- 19 Nigeria 32.24 million BoP, current US$ compare
- 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
More trade data for Guinea
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 9.00 million FAO, current US$ (2010)
- Food imports excluding fish 374.37 million FAO, current US$ (2010)
- Total agricultural imports 423.82 million FAO, current US$ (2010)
- Cereal imports 148.75 million FAO, current US$ (2010)
- Cereal imports quantity 433,586 FAO, tonnes (2010)
- Total agricultural exports 91.30 million FAO, current US$ (2010)
- Cereal exports 3.75 million FAO, current US$ (2010)
- Cereal exports quantity 10,056 FAO, tonnes (2010)
- Merchandise exports, WB 806.60 million current US$ (2005)
Frequently asked questions
- What is workers' remittances, payments in Guinea?
- Workers' remittances, payments in Guinea was 32.16 million BoP, current US$ in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
- What is the highest workers' remittances, payments recorded in Guinea?
- The highest recorded value was 57.84 million BoP, current US$ in 2005.
- What is the lowest workers' remittances, payments recorded in Guinea?
- The lowest recorded value was 30.71 million BoP, current US$ in 2009.
- How does Guinea rank for workers' remittances, payments?
- Guinea ranks 20th out of 34 countries with data for 2011.
- Is workers' remittances, payments rising or falling in Guinea?
- Over the last ten years it is down 44.4%. The long-run trend across the full record is falling.
- 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 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.