Net secondary income in Guinea-Bissau
Guinea-Bissau: Net secondary income was 152.44 million BoP, current US$ in 2024. ◆ Volatile
Net secondary income in Guinea-Bissau, 1982–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, net secondary income in Guinea-Bissau stood at 152.44 million BoP, current US$. That is the highest value across all 40 years on record.
Compared with earlier readings it is up 12.4% on the previous year and up 75.7% over ten years.
Over the whole period, net secondary income in Guinea-Bissau peaked at 152.44 million BoP, current US$ in 2024 and was at its lowest, -14.00 million BoP, current US$, in 1982.
Guinea-Bissau ranks 111th of 199 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Net secondary income in Guinea-Bissau, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1982 | -14.00 million BoP, current US$ | — |
| 1983 | -10.90 million BoP, current US$ | -22.1% |
| 1984 | -4.90 million BoP, current US$ | -55.0% |
| 1985 | -3.40 million BoP, current US$ | -30.6% |
| 1986 | 22.50 million BoP, current US$ | -761.8% |
| 1987 | 17.40 million BoP, current US$ | -22.7% |
| 1988 | 24.20 million BoP, current US$ | +39.1% |
| 1989 | 23.50 million BoP, current US$ | -2.9% |
| 1990 | 39.06 million BoP, current US$ | +66.2% |
| 1991 | 18.89 million BoP, current US$ | -51.6% |
| 1992 | 23.84 million BoP, current US$ | +26.2% |
| 1993 | 16.24 million BoP, current US$ | -31.9% |
| 1994 | 22.42 million BoP, current US$ | +38.1% |
| 1995 | 45.57 million BoP, current US$ | +103.3% |
| 1996 | 31.66 million BoP, current US$ | -30.5% |
| 1997 | 39.70 million BoP, current US$ | +25.4% |
| 2001 | 25.51 million BoP, current US$ | -35.7% |
| 2002 | 32.59 million BoP, current US$ | +27.7% |
| 2003 | 39.05 million BoP, current US$ | +19.8% |
| 2004 | 67.23 million BoP, current US$ | +72.2% |
| 2005 | 51.21 million BoP, current US$ | -23.8% |
| 2006 | 57.82 million BoP, current US$ | +12.9% |
| 2007 | 74.96 million BoP, current US$ | +29.7% |
| 2008 | 97.99 million BoP, current US$ | +30.7% |
| 2009 | 97.94 million BoP, current US$ | -0.1% |
| 2010 | 60.07 million BoP, current US$ | -38.7% |
| 2011 | 61.73 million BoP, current US$ | +2.8% |
| 2012 | 51.02 million BoP, current US$ | -17.4% |
| 2013 | 34.64 million BoP, current US$ | -32.1% |
| 2014 | 86.74 million BoP, current US$ | +150.4% |
| 2015 | 44.64 million BoP, current US$ | -48.5% |
| 2016 | 43.72 million BoP, current US$ | -2.0% |
| 2017 | 60.96 million BoP, current US$ | +39.4% |
| 2018 | 75.71 million BoP, current US$ | +24.2% |
| 2019 | 56.46 million BoP, current US$ | -25.4% |
| 2020 | 142.74 million BoP, current US$ | +152.8% |
| 2021 | 152.15 million BoP, current US$ | +6.6% |
| 2022 | 141.43 million BoP, current US$ | -7.0% |
| 2023 | 135.58 million BoP, current US$ | -4.1% |
| 2024 | 152.44 million BoP, current US$ | +12.4% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 6.80 million BoP, current US$ | -14.00 million BoP, current US$ | 24.20 million BoP, current US$ | 8 |
| 1990s | 29.67 million BoP, current US$ | 16.24 million BoP, current US$ | 45.57 million BoP, current US$ | 8 |
| 2000s | 60.48 million BoP, current US$ | 25.51 million BoP, current US$ | 97.99 million BoP, current US$ | 9 |
| 2010s | 57.57 million BoP, current US$ | 34.64 million BoP, current US$ | 86.74 million BoP, current US$ | 10 |
| 2020s | 144.87 million BoP, current US$ | 135.58 million BoP, current US$ | 152.44 million BoP, current US$ | 5 |
Countries ranked near Guinea-Bissau
- 108 Chad 190.97 million BoP, current US$ compare
- 109 Venezuela, Bolivarian Republic of 174.00 million BoP, current US$ compare
- 110 Suriname 160.06 million BoP, current US$ compare
- 112 Belize 149.91 million BoP, current US$ compare
- 113 Solomon Islands 146.26 million BoP, current US$ compare
- 114 Romania 140.70 million BoP, current US$ compare
More economy & growth data for Guinea-Bissau
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.42 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.5 Percent per annum (2029)
- Net primary income (Net income from abroad) (current LCU), annual 16.89 % change on previous year (2025)
- Taxes less subsidies on products (current US$), annual growth rate 23.9 % change on previous year (2025)
- Taxes less subsidies on products (current US$), per unit of GDP 0.0456 current US$ per US$ of GDP (2025)
- Taxes less subsidies on products (current US$), per capita 51.2 current US$ per person (2025)
- Taxes less subsidies on products (current LCU), annual growth rate 18.91 % change on previous year (2025)
- Taxes less subsidies on products (current LCU), per unit of GDP 26.51 current LCU per US$ of GDP (2025)
- Taxes less subsidies on products (current LCU), per capita 29,796 current LCU per person (2025)
- Special drawing rights per domestic currency (End-of-period (EoP)) 0.0013 (2025)
Frequently asked questions
- What is net secondary income in Guinea-Bissau?
- Net secondary income in Guinea-Bissau was 152.44 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest net secondary income recorded in Guinea-Bissau?
- The highest recorded value was 152.44 million BoP, current US$ in 2024.
- What is the lowest net secondary income recorded in Guinea-Bissau?
- The lowest recorded value was -14.00 million BoP, current US$ in 1982.
- How does Guinea-Bissau rank for net secondary income?
- Guinea-Bissau ranks 111th out of 199 countries with data for 2024.
- Is net secondary income rising or falling in Guinea-Bissau?
- Over the last ten years it is up 75.7%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Net secondary income (BoP, current US$). Statizoid updates them automatically from the source API.
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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.