Net secondary income (Net current transfers from abroad) in Guinea
Guinea: Net secondary income (Net current transfers from abroad) was 483.83 billion constant LCU in 2010. ◆ Volatile
Net secondary income (Net current transfers from abroad) in Guinea, 1986–2010
Source: Country official statistics, National Statistical Offices (NSOs). Measured in constant LCU.
Analysis
In 2010, net secondary income (net current transfers from abroad) in Guinea stood at 483.83 billion constant LCU.
The figure is down 4.8% on the previous year and up 3,659.0% over ten years.
Over the whole period, net secondary income (net current transfers from abroad) in Guinea peaked at 711.97 billion constant LCU in 2008 and was at its lowest, -118.79 billion constant LCU, in 1993.
Guinea ranks 14th of 125 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Net secondary income (Net current transfers from abroad) in Guinea, year by year
| Year | constant LCU | Change |
|---|---|---|
| 1986 | -56.12 billion constant LCU | — |
| 1987 | -84.60 billion constant LCU | +50.7% |
| 1988 | -48.88 billion constant LCU | -42.2% |
| 1989 | -61.70 billion constant LCU | +26.2% |
| 1990 | -112.91 billion constant LCU | +83.0% |
| 1991 | 172.65 billion constant LCU | -252.9% |
| 1992 | -102.16 billion constant LCU | -159.2% |
| 1993 | -118.79 billion constant LCU | +16.3% |
| 1994 | -113.09 billion constant LCU | -4.8% |
| 1995 | -106.16 billion constant LCU | -6.1% |
| 1996 | -67.02 billion constant LCU | -36.9% |
| 1997 | -57.87 billion constant LCU | -13.7% |
| 1998 | 33.31 billion constant LCU | -157.6% |
| 1999 | -14.96 billion constant LCU | -144.9% |
| 2000 | 12.87 billion constant LCU | -186.1% |
| 2001 | 60.01 billion constant LCU | +366.3% |
| 2002 | 10.94 billion constant LCU | -81.8% |
| 2003 | 397.52 billion constant LCU | +3533.6% |
| 2006 | 691.88 billion constant LCU | +74.0% |
| 2007 | 368.14 billion constant LCU | -46.8% |
| 2008 | 711.97 billion constant LCU | +93.4% |
| 2009 | 508.17 billion constant LCU | -28.6% |
| 2010 | 483.83 billion constant LCU | -4.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -62.82 billion constant LCU | -84.60 billion constant LCU | -48.88 billion constant LCU | 4 |
| 1990s | -48.70 billion constant LCU | -118.79 billion constant LCU | 172.65 billion constant LCU | 10 |
| 2000s | 345.19 billion constant LCU | 10.94 billion constant LCU | 711.97 billion constant LCU | 8 |
| 2010s | 483.83 billion constant LCU | 483.83 billion constant LCU | 483.83 billion constant LCU | 1 |
Countries ranked near Guinea
More economy & growth data for Guinea
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.36 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 5.64 Percent per annum (2029)
- GDP (current US$), annual growth rate 13.34 % change on previous year (2025)
- GDP (current US$), per capita 1,877 current US$ per person (2025)
- GDP (current LCU), annual growth rate 14.1 % change on previous year (2025)
- GDP (current LCU), per unit of GDP 8,638 current LCU per US$ of GDP (2025)
- GDP (current LCU), per capita 16.22 million current LCU per person (2025)
- GDP (constant 2015 US$), annual growth rate 7.45 % change on previous year (2025)
- GDP (constant 2015 US$), per unit of GDP 0.585 constant 2015 US$ per US$ of GDP (2025)
- GDP (constant 2015 US$), per capita 1,098 constant 2015 US$ per person (2025)
Frequently asked questions
- What is net secondary income (net current transfers from abroad) in Guinea?
- Net secondary income (net current transfers from abroad) in Guinea was 483.83 billion constant LCU in 2010, according to Country official statistics, National Statistical Offices (NSOs).
- What is the highest net secondary income (net current transfers from abroad) recorded in Guinea?
- The highest recorded value was 711.97 billion constant LCU in 2008.
- What is the lowest net secondary income (net current transfers from abroad) recorded in Guinea?
- The lowest recorded value was -118.79 billion constant LCU in 1993.
- How does Guinea rank for net secondary income (net current transfers from abroad)?
- Guinea ranks 14th out of 125 countries with data for 2010.
- Is net secondary income (net current transfers from abroad) rising or falling in Guinea?
- Over the last ten years it is up 3,659.0%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from Country official statistics, National Statistical Offices (NSOs), published as part of Net secondary income (Net current transfers from abroad) (constant LCU). 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 constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.