Personal remittances, paid in Guinea
Guinea: Personal remittances, paid was 224.97 million current US$ in 2024. ◆ Volatile
Personal remittances, paid in Guinea, 1986–2024
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
In 2024, personal remittances, paid in Guinea stood at 224.97 million current US$. That is the highest value across all 39 years on record.
The figure is up 151.4% on the previous year and up 527.4% over ten years.
Over the whole period, personal remittances, paid in Guinea peaked at 224.97 million current US$ in 2024 and was at its lowest, 10.43 million current US$, in 1995.
That places Guinea 105th out of 196 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, paid in Guinea, year by year
| Year | current US$ | Change |
|---|---|---|
| 1986 | 11.75 million current US$ | — |
| 1987 | 11.72 million current US$ | -0.3% |
| 1988 | 19.73 million current US$ | +68.3% |
| 1989 | 18.33 million current US$ | -7.1% |
| 1990 | 20.40 million current US$ | +11.3% |
| 1991 | 20.94 million current US$ | +2.6% |
| 1992 | 21.57 million current US$ | +3.0% |
| 1993 | 19.92 million current US$ | -7.6% |
| 1994 | 22.24 million current US$ | +11.6% |
| 1995 | 10.43 million current US$ | -53.1% |
| 1996 | 11.26 million current US$ | +8.0% |
| 1997 | 14.40 million current US$ | +27.9% |
| 1998 | 22.93 million current US$ | +59.2% |
| 1999 | 17.93 million current US$ | -21.8% |
| 2000 | 26.91 million current US$ | +50.1% |
| 2001 | 36.83 million current US$ | +36.9% |
| 2002 | 17.81 million current US$ | -51.6% |
| 2003 | 46.38 million current US$ | +160.4% |
| 2004 | 47.95 million current US$ | +3.4% |
| 2005 | 59.86 million current US$ | +24.8% |
| 2006 | 51.60 million current US$ | -13.8% |
| 2007 | 38.96 million current US$ | -24.5% |
| 2008 | 55.51 million current US$ | +42.5% |
| 2009 | 44.87 million current US$ | -19.2% |
| 2010 | 40.98 million current US$ | -8.7% |
| 2011 | 38.81 million current US$ | -5.3% |
| 2012 | 50.72 million current US$ | +30.7% |
| 2013 | 80.68 million current US$ | +59.1% |
| 2014 | 35.86 million current US$ | -55.6% |
| 2015 | 25.70 million current US$ | -28.3% |
| 2016 | 33.87 million current US$ | +31.8% |
| 2017 | 27.78 million current US$ | -18.0% |
| 2018 | 22.89 million current US$ | -17.6% |
| 2019 | 82.69 million current US$ | +261.2% |
| 2020 | 22.62 million current US$ | -72.6% |
| 2021 | 43.55 million current US$ | +92.5% |
| 2022 | 134.93 million current US$ | +209.8% |
| 2023 | 89.47 million current US$ | -33.7% |
| 2024 | 224.97 million current US$ | +151.4% |
Guinea compared with similar countries
- Guinea's 224.97 million current US$ is above the median for lower middle income countries, which is 118.81 million current US$, 1.9× the median. (47 countries reporting)
- Guinea's 224.97 million current US$ is above the median for Sub-Saharan Africa, which is 104.72 million current US$, 2.1× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, paid in Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2019 | +261.2% | 22.89 million current US$ | 82.69 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 15.38 million current US$ | 11.72 million current US$ | 19.73 million current US$ | 4 |
| 1990s | 18.20 million current US$ | 10.43 million current US$ | 22.93 million current US$ | 10 |
| 2000s | 42.67 million current US$ | 17.81 million current US$ | 59.86 million current US$ | 10 |
| 2010s | 44.00 million current US$ | 22.89 million current US$ | 82.69 million current US$ | 10 |
| 2020s | 103.11 million current US$ | 22.62 million current US$ | 224.97 million current US$ | 5 |
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)
- 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$), annual growth rate -28.7 % change on previous year (2024)
Frequently asked questions
- What is personal remittances, paid in Guinea?
- Personal remittances, paid in Guinea was 224.97 million current US$ in 2024, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, paid recorded in Guinea?
- The highest recorded value was 224.97 million current US$ in 2024.
- What is the lowest personal remittances, paid recorded in Guinea?
- The lowest recorded value was 10.43 million current US$ in 1995.
- How does Guinea rank for personal remittances, paid?
- Guinea ranks 105th out of 196 countries with data for 2024.
- Is personal remittances, paid rising or falling in Guinea?
- Over the last ten years it is up 527.4%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, paid (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 39 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.