Net secondary income in Guinea
Guinea: Net secondary income was 489.20 million BoP, current US$ in 2024. ◆ Volatile
Net secondary income in Guinea, 1986–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
Guinea recorded 489.20 million BoP, current US$ for net secondary income in 2024.
The figure is up 6.7% on the previous year and up 2,645.1% over ten years.
Over the whole period, net secondary income in Guinea peaked at 537.27 million BoP, current US$ in 2022 and was at its lowest, -130.59 million BoP, current US$, in 2007.
That places Guinea 87th out of 198 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 54.11 million BoP, current US$ | 21.93 million BoP, current US$ | 86.61 million BoP, current US$ | 4 |
| 1990s | 129.14 million BoP, current US$ | 70.25 million BoP, current US$ | 208.10 million BoP, current US$ | 10 |
| 2000s | 25.47 million BoP, current US$ | -130.59 million BoP, current US$ | 135.08 million BoP, current US$ | 10 |
| 2010s | 77.15 million BoP, current US$ | -41.32 million BoP, current US$ | 162.55 million BoP, current US$ | 10 |
| 2020s | 404.33 million BoP, current US$ | 147.01 million BoP, current US$ | 537.27 million BoP, current US$ | 5 |
Countries ranked near Guinea
- 84 Fiji 510.04 million BoP, current US$ compare
- 85 Burundi 505.67 million BoP, current US$ compare
- 86 Cape Verde 501.27 million BoP, current US$ compare
- 88 Montenegro 460.95 million BoP, current US$ compare
- 89 Iran 457.00 million BoP, current US$ compare
- 90 Malawi 454.65 million BoP, current US$ compare
More economy & growth data for Guinea
- External balance on goods and services as a percent of GDP -20.9% (2025)
- Inflation of consumer prices 3.5% (2025)
- GDP per capita 1,098 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 12.7% (2022)
- Gross domestic product (GDP) 16.58 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 1,098 constant 2015 US$ (2025)
- DEC alternative conversion factor 8,638 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 3.40 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 393.46 million current US$ (2025)
- Taxes less subsidies on products 18.59 trillion current LCU (2025)
Frequently asked questions
- What is net secondary income in Guinea?
- Net secondary income in Guinea was 489.20 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?
- The highest recorded value was 537.27 million BoP, current US$ in 2022.
- What is the lowest net secondary income recorded in Guinea?
- The lowest recorded value was -130.59 million BoP, current US$ in 2007.
- How does Guinea rank for net secondary income?
- Guinea ranks 87th out of 198 countries with data for 2024.
- Is net secondary income rising or falling in Guinea?
- Over the last ten years it is up 2,645.1%. The long-run trend across the full record is volatile.
- Where does this Guinea 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.