Guinea-Bissau vs Venezuela: Net secondary income
Net secondary income over time
- Guinea-Bissau
- Venezuela
How they compare
Venezuela currently reports 174.00 million BoP, current US$ against 152.44 million BoP, current US$ in Guinea-Bissau, a difference of 21.56 million BoP, current US$.
That makes Venezuela's figure about 1.1 times Guinea-Bissau's.
The two have swapped places 3 times across 32 shared years of data; in 1982 it was Guinea-Bissau ahead.
Guinea-Bissau ranks 111th and Venezuela ranks 109th of 199 countries.
Guinea-Bissau has averaged higher in every one of the 4 decades both report.
Head to head by decade
| Decade | Guinea-Bissau | Venezuela | Difference | Ahead |
|---|---|---|---|---|
| 1980s | 6.80 million BoP, current US$ | -216.88 million BoP, current US$ | 223.68 million BoP, current US$ | Guinea-Bissau |
| 1990s | 29.67 million BoP, current US$ | -167.75 million BoP, current US$ | 197.42 million BoP, current US$ | Guinea-Bissau |
| 2000s | 60.48 million BoP, current US$ | -313.33 million BoP, current US$ | 373.81 million BoP, current US$ | Guinea-Bissau |
| 2010s | 54.65 million BoP, current US$ | -587.14 million BoP, current US$ | 641.79 million BoP, current US$ | Guinea-Bissau |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher net secondary income, Guinea-Bissau or Venezuela?
- Venezuela, at 174.00 million BoP, current US$ against 152.44 million BoP, current US$ in Guinea-Bissau as of 2016.
- What is the difference in net secondary income between Guinea-Bissau and Venezuela?
- 21.56 million BoP, current US$, with Venezuela ahead.
- How many years of comparable data are there for Guinea-Bissau and Venezuela?
- 32 years are reported by both, from 1982 to 2016.
- How do Guinea-Bissau and Venezuela rank globally for net secondary income?
- Guinea-Bissau ranks 111th and Venezuela ranks 109th of 199 countries.
- Where does this data come from?
- Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as Net secondary income (BoP, current US$). Statizoid refreshes it automatically from the source and publishes the full history for both places.
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About this data
Net secondary income (from abroad) comprises transfers of income between residents of the reporting country and the rest of the world that carry no provisions for repayment. Net secondary income is equal to the unrequited transfers of income from nonresidents to residents minus the unrequited transfers from residents to nonresidents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.