Personal remittances, received (current US$), annual growth rate in Guinea-Bissau
Guinea-Bissau: Personal remittances, received (current US$), annual growth rate was 6.26 % change on previous year in 2024. ◆ Volatile
Personal remittances, received (current US$), annual growth rate in Guinea-Bissau, 1989–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
Guinea-Bissau recorded 6.26 % change on previous year for personal remittances, received (current us$), annual growth rate in 2024.
Compared with earlier readings it is down 16.0% on the previous year and down 86.1% over ten years.
Over the whole period, personal remittances, received (current us$), annual growth rate in Guinea-Bissau peaked at 100.35 % change on previous year in 1998 and was at its lowest, -28.16 % change on previous year, in 2005.
That places Guinea-Bissau 98th out of 192 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received (current US$), annual growth rate in Guinea-Bissau, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1989 | -20 % change on previous year | — |
| 1990 | -16.67 % change on previous year | -16.7% |
| 1991 | 16.67 % change on previous year | -200.0% |
| 1992 | 14.29 % change on previous year | -14.3% |
| 1993 | 12.5 % change on previous year | -12.5% |
| 1994 | 11.11 % change on previous year | -11.1% |
| 1995 | 10 % change on previous year | -10.0% |
| 1996 | 9.09 % change on previous year | -9.1% |
| 1997 | 0 % change on previous year | -100.0% |
| 1998 | 100.35 % change on previous year | — |
| 1999 | 50.09 % change on previous year | -50.1% |
| 2000 | 33.37 % change on previous year | -33.4% |
| 2001 | 25.02 % change on previous year | -25.0% |
| 2002 | 75.82 % change on previous year | +203.0% |
| 2003 | 31.16 % change on previous year | -58.9% |
| 2004 | 19.77 % change on previous year | -36.6% |
| 2005 | -28.16 % change on previous year | -242.4% |
| 2006 | 28.25 % change on previous year | -200.3% |
| 2007 | 68.62 % change on previous year | +142.9% |
| 2008 | 14.94 % change on previous year | -78.2% |
| 2009 | -1.23 % change on previous year | -108.3% |
| 2010 | -6.06 % change on previous year | +391.2% |
| 2011 | 13.55 % change on previous year | -323.7% |
| 2012 | -12.43 % change on previous year | -191.7% |
| 2013 | 39.78 % change on previous year | -420.1% |
| 2014 | 44.89 % change on previous year | +12.8% |
| 2015 | -8.08 % change on previous year | -118.0% |
| 2016 | 12.09 % change on previous year | -249.7% |
| 2017 | 10.45 % change on previous year | -13.6% |
| 2018 | 21.68 % change on previous year | +107.4% |
| 2019 | 18.13 % change on previous year | -16.4% |
| 2020 | 15.71 % change on previous year | -13.3% |
| 2021 | 17.82 % change on previous year | +13.4% |
| 2022 | -7.71 % change on previous year | -143.3% |
| 2023 | 7.45 % change on previous year | -196.6% |
| 2024 | 6.26 % change on previous year | -16.0% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 6.26 % change on previous year is above the median for low income countries, which is 5.99 % change on previous year, 1.0× the median. (22 countries reporting)
- Guinea-Bissau's 6.26 % change on previous year is below the median for Sub-Saharan Africa, which is 6.32 % change on previous year, 99% of the median. (45 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | -20 % change on previous year | -20 % change on previous year | -20 % change on previous year | 1 |
| 1990s | 20.74 % change on previous year | -16.67 % change on previous year | 100.35 % change on previous year | 10 |
| 2000s | 26.76 % change on previous year | -28.16 % change on previous year | 75.82 % change on previous year | 10 |
| 2010s | 13.4 % change on previous year | -12.43 % change on previous year | 44.89 % change on previous year | 10 |
| 2020s | 7.91 % change on previous year | -7.71 % change on previous year | 17.82 % change on previous year | 5 |
Countries ranked near Guinea-Bissau
- 95 Libya 6.67 % change on previous year compare
- 96 Switzerland 6.51 % change on previous year compare
- 97 Zimbabwe 6.32 % change on previous year compare
- 99 Portugal 6.12 % change on previous year compare
- 100 Cayman Islands 6.06 % change on previous year compare
- 101 Micronesia, Federated States of 5.86 % change on previous year 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$) 8.88 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, received (current us$), annual growth rate in Guinea-Bissau?
- Personal remittances, received (current us$), annual growth rate in Guinea-Bissau was 6.26 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest personal remittances, received (current us$), annual growth rate recorded in Guinea-Bissau?
- The highest recorded value was 100.35 % change on previous year in 1998.
- What is the lowest personal remittances, received (current us$), annual growth rate recorded in Guinea-Bissau?
- The lowest recorded value was -28.16 % change on previous year in 2005.
- How does Guinea-Bissau rank for personal remittances, received (current us$), annual growth rate?
- Guinea-Bissau ranks 98th out of 192 countries with data for 2024.
- Is personal remittances, received (current us$), annual growth rate rising or falling in Guinea-Bissau?
- Over the last ten years it is down 86.1%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau data come from?
- The figures come from Statizoid (derived), published as part of Personal remittances, received (current US$), annual growth rate. Statizoid updates them automatically from the source API.
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How this figure is calculated
The year-on-year percentage change in Personal remittances, received (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Personal remittances, received IMF balance of payments data, International Monetary Fund (IMF)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Personal remittances, received (current US$). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.