Workers' remittances, receipts in Guinea-Bissau
Guinea-Bissau: Workers' remittances, receipts was 5.3% in 2010. ▲ Rising
Workers' remittances, receipts in Guinea-Bissau, 2005–2010
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates. Measured in % of GDP.
Analysis
In 2010, workers' remittances, receipts in Guinea-Bissau stood at 5.3%.
Compared with earlier readings it is down 10.4% on the previous year and up 53.6% over ten years.
That places Guinea-Bissau 10th out of 37 countries with data for 2010, putting it in the top quarter.
Workers' remittances, receipts in Guinea-Bissau, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 3.4% | — |
| 2006 | 4.4% | +28.9% |
| 2007 | 6.2% | +41.2% |
| 2008 | 5.9% | -5.8% |
| 2009 | 5.9% | +0.0% |
| 2010 | 5.3% | -10.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 5.2% | 3.4% | 6.2% | 5 |
| 2010s | 5.3% | 5.3% | 5.3% | 1 |
Countries ranked near Guinea-Bissau
More trade data for Guinea-Bissau
- Commodity Net Export Price Index, Individual Commodities Weighted by 117.59 (2025)
- Commodity Net Export Price Index, Individual Commodities Weighted by 101.41 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 99.22 (2025)
- Commodity Export Price Index, Individual Commodites Weighted by Ratio 92.66 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 97.85 (2025)
- Commodity Import Price Index, Individual Commodites Weighted by Ratio 68.93 (2025)
- Imports of low carbon technology products, Percent of GDP 0.1969 (2018)
- Imports of low carbon technology products, US dollar (World), per 1.59 units per person (2018)
- Imports of low carbon technology products, US dollar (World), per 0.002 units per US$ of GDP (2018)
- Imports of low carbon technology products, US dollar (World), gaps 3.06 million (2018)
Frequently asked questions
- What is workers' remittances, receipts in Guinea-Bissau?
- Workers' remittances, receipts in Guinea-Bissau was 5.3% in 2010, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.
- What is the highest workers' remittances, receipts recorded in Guinea-Bissau?
- The highest recorded value was 6.2% in 2007.
- What is the lowest workers' remittances, receipts recorded in Guinea-Bissau?
- The lowest recorded value was 3.4% in 2005.
- How does Guinea-Bissau rank for workers' remittances, receipts?
- Guinea-Bissau ranks 10th out of 37 countries with data for 2010.
- Is workers' remittances, receipts rising or falling in Guinea-Bissau?
- Over the last ten years it is up 53.6%. 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, and World Bank and OECD GDP estimates, published as part of Workers' remittances, receipts (% of GDP). 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 receipts by the reporting country. Data are in current U.S. dollars.