Personal remittances, paid (current US$), per unit of GDP in Guinea
Guinea: Personal remittances, paid (current US$), per unit of GDP was 0.009 current US$ per US$ of GDP in 2024. ◆ Volatile
Personal remittances, paid (current US$), per unit of GDP in Guinea, 1986–2024
Source: Statizoid (derived). Measured in current US$ per US$ of GDP.
Analysis
The most recent figure for personal remittances, paid (current us$), per unit of gdp in Guinea is 0.009 current US$ per US$ of GDP, measured in 2024.
Compared with earlier readings it is up 125.3% on the previous year and up 120.2% over ten years.
Over the whole period, personal remittances, paid (current us$), per unit of gdp in Guinea peaked at 0.014 current US$ per US$ of GDP in 2005 and was at its lowest, 0.0016 current US$ per US$ of GDP, in 2020.
Guinea ranks 84th of 195 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.
Personal remittances, paid (current US$), per unit of GDP in Guinea, year by year
| Year | current US$ per US$ of GDP | Change |
|---|---|---|
| 1986 | 0.004 current US$ per US$ of GDP | — |
| 1987 | 0.0039 current US$ per US$ of GDP | -2.5% |
| 1988 | 0.0057 current US$ per US$ of GDP | +44.1% |
| 1989 | 0.0052 current US$ per US$ of GDP | -8.9% |
| 1990 | 0.0052 current US$ per US$ of GDP | +1.5% |
| 1991 | 0.0048 current US$ per US$ of GDP | -9.2% |
| 1992 | 0.0045 current US$ per US$ of GDP | -5.4% |
| 1993 | 0.0042 current US$ per US$ of GDP | -7.5% |
| 1994 | 0.0045 current US$ per US$ of GDP | +8.2% |
| 1995 | 0.0019 current US$ per US$ of GDP | -57.0% |
| 1996 | 0.002 current US$ per US$ of GDP | +3.1% |
| 1997 | 0.0026 current US$ per US$ of GDP | +30.8% |
| 1998 | 0.0044 current US$ per US$ of GDP | +67.9% |
| 1999 | 0.0036 current US$ per US$ of GDP | -18.9% |
| 2000 | 0.0062 current US$ per US$ of GDP | +73.5% |
| 2001 | 0.0089 current US$ per US$ of GDP | +44.9% |
| 2002 | 0.0041 current US$ per US$ of GDP | -53.6% |
| 2003 | 0.0092 current US$ per US$ of GDP | +122.9% |
| 2004 | 0.009 current US$ per US$ of GDP | -2.0% |
| 2005 | 0.014 current US$ per US$ of GDP | +54.5% |
| 2006 | 0.0122 current US$ per US$ of GDP | -12.5% |
| 2007 | 0.0062 current US$ per US$ of GDP | -49.3% |
| 2008 | 0.008 current US$ per US$ of GDP | +28.5% |
| 2009 | 0.0067 current US$ per US$ of GDP | -16.2% |
| 2010 | 0.006 current US$ per US$ of GDP | -10.5% |
| 2011 | 0.0057 current US$ per US$ of GDP | -4.3% |
| 2012 | 0.0066 current US$ per US$ of GDP | +16.1% |
| 2013 | 0.0096 current US$ per US$ of GDP | +45.0% |
| 2014 | 0.0041 current US$ per US$ of GDP | -57.6% |
| 2015 | 0.0029 current US$ per US$ of GDP | -28.5% |
| 2016 | 0.0039 current US$ per US$ of GDP | +34.8% |
| 2017 | 0.0027 current US$ per US$ of GDP | -31.7% |
| 2018 | 0.0019 current US$ per US$ of GDP | -28.3% |
| 2019 | 0.0062 current US$ per US$ of GDP | +218.6% |
| 2020 | 0.0016 current US$ per US$ of GDP | -73.9% |
| 2021 | 0.0026 current US$ per US$ of GDP | +58.9% |
| 2022 | 0.0068 current US$ per US$ of GDP | +165.6% |
| 2023 | 0.004 current US$ per US$ of GDP | -41.1% |
| 2024 | 0.009 current US$ per US$ of GDP | +125.3% |
Guinea compared with similar countries
- Guinea's 0.009 current US$ per US$ of GDP is above the median for lower middle income countries, which is 0.0053 current US$ per US$ of GDP, 1.7× the median. (47 countries reporting)
- Guinea's 0.009 current US$ per US$ of GDP is above the median for Sub-Saharan Africa, which is 0.0064 current US$ per US$ of GDP, 1.4× the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.0047 current US$ per US$ of GDP | 0.0039 current US$ per US$ of GDP | 0.0057 current US$ per US$ of GDP | 4 |
| 1990s | 0.0038 current US$ per US$ of GDP | 0.0019 current US$ per US$ of GDP | 0.0052 current US$ per US$ of GDP | 10 |
| 2000s | 0.0085 current US$ per US$ of GDP | 0.0041 current US$ per US$ of GDP | 0.014 current US$ per US$ of GDP | 10 |
| 2010s | 0.005 current US$ per US$ of GDP | 0.0019 current US$ per US$ of GDP | 0.0096 current US$ per US$ of GDP | 10 |
| 2020s | 0.0048 current US$ per US$ of GDP | 0.0016 current US$ per US$ of GDP | 0.009 current US$ per US$ of GDP | 5 |
Countries ranked near Guinea
- 81 Jordan 0.0098 current US$ per US$ of GDP compare
- 82 Dominican Republic 0.0092 current US$ per US$ of GDP compare
- 83 Malta 0.009 current US$ per US$ of GDP compare
- 85 Kazakhstan 0.0089 current US$ per US$ of GDP compare
- 86 Georgia 0.0088 current US$ per US$ of GDP compare
- 87 Australia 0.0088 current US$ per US$ of GDP compare
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 30,000 BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 0.002 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 1.40 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 6.61 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0561 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 95.01 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate -28.7 % change on previous year (2024)
Frequently asked questions
- What is personal remittances, paid (current us$), per unit of gdp in Guinea?
- Personal remittances, paid (current us$), per unit of gdp in Guinea was 0.009 current US$ per US$ of GDP in 2024, according to Statizoid (derived).
- What is the highest personal remittances, paid (current us$), per unit of gdp recorded in Guinea?
- The highest recorded value was 0.014 current US$ per US$ of GDP in 2005.
- What is the lowest personal remittances, paid (current us$), per unit of gdp recorded in Guinea?
- The lowest recorded value was 0.0016 current US$ per US$ of GDP in 2020.
- How does Guinea rank for personal remittances, paid (current us$), per unit of gdp?
- Guinea ranks 84th out of 195 countries with data for 2024.
- Is personal remittances, paid (current us$), per unit of gdp rising or falling in Guinea?
- Over the last ten years it is up 120.2%. The long-run trend across the full record is volatile.
- Where does this Guinea 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.