Personal remittances, paid (current US$), per unit of GDP in Guinea-Bissau
Guinea-Bissau: Personal remittances, paid (current US$), per unit of GDP was 0.0385 current US$ per US$ of GDP in 2024. ◆ Volatile
Personal remittances, paid (current US$), per unit of GDP in Guinea-Bissau, 1982–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
In 2024, personal remittances, paid (current us$), per unit of gdp in Guinea-Bissau stood at 0.0385 current US$ per US$ of GDP.
That represents a change of down 5.7% on the previous year and up 19.8% over ten years.
Over the whole period, personal remittances, paid (current us$), per unit of gdp in Guinea-Bissau peaked at 0.0614 current US$ per US$ of GDP in 2019 and was at its lowest, 0.0052 current US$ per US$ of GDP, in 1995.
Guinea-Bissau ranks 25th of 195 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, paid (current US$), per unit of GDP in Guinea-Bissau, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1982 | 0.0432 current US$ per US$ of GDP | — |
| 1983 | 0.0296 current US$ per US$ of GDP | -31.5% |
| 1984 | 0.0153 current US$ per US$ of GDP | -48.4% |
| 1985 | 0.0107 current US$ per US$ of GDP | -30.0% |
| 1986 | 0.034 current US$ per US$ of GDP | +217.6% |
| 1987 | 0.0257 current US$ per US$ of GDP | -24.4% |
| 1988 | 0.0232 current US$ per US$ of GDP | -9.8% |
| 1989 | 0.0284 current US$ per US$ of GDP | +22.8% |
| 1990 | 0.0183 current US$ per US$ of GDP | -35.5% |
| 1991 | 0.0299 current US$ per US$ of GDP | +63.4% |
| 1992 | 0.0254 current US$ per US$ of GDP | -15.1% |
| 1993 | 0.0241 current US$ per US$ of GDP | -5.4% |
| 1994 | 0.0216 current US$ per US$ of GDP | -10.2% |
| 1995 | 0.0052 current US$ per US$ of GDP | -76.1% |
| 1996 | 0.0053 current US$ per US$ of GDP | +1.8% |
| 1997 | 0.0057 current US$ per US$ of GDP | +8.5% |
| 1998 | 0.0072 current US$ per US$ of GDP | +26.6% |
| 1999 | 0.0079 current US$ per US$ of GDP | +8.9% |
| 2000 | 0.0124 current US$ per US$ of GDP | +57.4% |
| 2001 | 0.0124 current US$ per US$ of GDP | +0.5% |
| 2002 | 0.0116 current US$ per US$ of GDP | -6.7% |
| 2003 | 0.0117 current US$ per US$ of GDP | +1.0% |
| 2004 | 0.0092 current US$ per US$ of GDP | -21.2% |
| 2005 | 0.0084 current US$ per US$ of GDP | -9.4% |
| 2006 | 0.0068 current US$ per US$ of GDP | -18.6% |
| 2007 | 0.0057 current US$ per US$ of GDP | -15.6% |
| 2008 | 0.0176 current US$ per US$ of GDP | +205.8% |
| 2009 | 0.0227 current US$ per US$ of GDP | +29.0% |
| 2010 | 0.0209 current US$ per US$ of GDP | -7.8% |
| 2011 | 0.0259 current US$ per US$ of GDP | +23.9% |
| 2012 | 0.0238 current US$ per US$ of GDP | -8.1% |
| 2013 | 0.0311 current US$ per US$ of GDP | +30.9% |
| 2014 | 0.0322 current US$ per US$ of GDP | +3.3% |
| 2015 | 0.0333 current US$ per US$ of GDP | +3.6% |
| 2016 | 0.032 current US$ per US$ of GDP | -4.1% |
| 2017 | 0.0328 current US$ per US$ of GDP | +2.8% |
| 2018 | 0.0365 current US$ per US$ of GDP | +11.1% |
| 2019 | 0.0614 current US$ per US$ of GDP | +68.3% |
| 2020 | 0.0461 current US$ per US$ of GDP | -24.9% |
| 2021 | 0.0468 current US$ per US$ of GDP | +1.5% |
| 2022 | 0.0424 current US$ per US$ of GDP | -9.3% |
| 2023 | 0.0408 current US$ per US$ of GDP | -3.7% |
| 2024 | 0.0385 current US$ per US$ of GDP | -5.7% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 0.0385 current US$ per US$ of GDP is above the median for low income countries, which is 0.0087 current US$ per US$ of GDP, 4.4× the median. (22 countries reporting)
- Guinea-Bissau's 0.0385 current US$ per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.0064 current US$ per US$ of GDP, 6.0× the median. (45 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, paid (current US$), per unit of GDP in Guinea-Bissau changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1986 | +217.6% | 0.0107 current US$ per US$ of GDP | 0.034 current US$ per US$ of GDP |
| 2008 | +205.8% | 0.0057 current US$ per US$ of GDP | 0.0176 current US$ per US$ of GDP |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0263 current US$ per US$ of GDP | 0.0107 current US$ per US$ of GDP | 0.0432 current US$ per US$ of GDP | 8 |
| 1990s | 0.0151 current US$ per US$ of GDP | 0.0052 current US$ per US$ of GDP | 0.0299 current US$ per US$ of GDP | 10 |
| 2000s | 0.0119 current US$ per US$ of GDP | 0.0057 current US$ per US$ of GDP | 0.0227 current US$ per US$ of GDP | 10 |
| 2010s | 0.033 current US$ per US$ of GDP | 0.0209 current US$ per US$ of GDP | 0.0614 current US$ per US$ of GDP | 10 |
| 2020s | 0.0429 current US$ per US$ of GDP | 0.0385 current US$ per US$ of GDP | 0.0468 current US$ per US$ of GDP | 5 |
Countries ranked near Guinea-Bissau
- 22 Curaçao 0.0432 current US$ per US$ of GDP compare
- 23 Tonga 0.0429 current US$ per US$ of GDP compare
- 24 Switzerland 0.0409 current US$ per US$ of GDP compare
- 26 Tajikistan 0.038 current US$ per US$ of GDP compare
- 27 Brunei Darussalam 0.0373 current US$ per US$ of GDP compare
- 28 Grenada 0.0372 current US$ per US$ of GDP 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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 389,069 BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0002 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.1767 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 26.65 million BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 6.04 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0121 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 12.11 BoP, current US$ per person (2024)
- General government final consumption expenditure (current US$) 8.88 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, paid (current us$), per unit of gdp in Guinea-Bissau?
- Personal remittances, paid (current us$), per unit of gdp in Guinea-Bissau was 0.0385 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest personal remittances, paid (current us$), per unit of gdp recorded in Guinea-Bissau?
- The highest recorded value was 0.0614 current US$ per US$ of GDP in 2019.
- What is the lowest personal remittances, paid (current us$), per unit of gdp recorded in Guinea-Bissau?
- The lowest recorded value was 0.0052 current US$ per US$ of GDP in 1995.
- How does Guinea-Bissau rank for personal remittances, paid (current us$), per unit of gdp?
- Guinea-Bissau ranks 25th out of 195 countries with data for 2024.
- Is personal remittances, paid (current us$), per unit of gdp rising or falling in Guinea-Bissau?
- Over the last ten years it is up 19.8%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau data come from?
- The figures come from Statizoid (derived), published as part of Personal remittances, paid (current US$), per unit of GDP. Statizoid updates them automatically from the source API.
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How this figure is calculated
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.
Personal remittances, paid (current US$) ÷ GDP (current US$)
Computed from
- Personal remittances, paid IMF balance of payments data, International Monetary Fund (IMF)
- GDP Country official statistics, National Statistical Organizations and/or Central Banks
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
Personal remittances, paid (current US$) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.