Personal transfers, receipts in Guinea
Guinea: Personal transfers, receipts was 610.50 million BoP, current US$ in 2024. ◆ Volatile
Personal transfers, receipts in Guinea, 1986–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, personal transfers, receipts in Guinea stood at 610.50 million BoP, current US$. That is the highest value across all 34 years on record.
The figure is up 23.9% on the previous year and up 461.1% over ten years.
Over the whole period, personal transfers, receipts in Guinea peaked at 610.50 million BoP, current US$ in 2024 and was at its lowest, 70,000 BoP, current US$, in 1986.
Guinea ranks 83rd of 177 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal transfers, receipts in Guinea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1986 | 70,000 BoP, current US$ | — |
| 1987 | 70,000 BoP, current US$ | +0.0% |
| 1988 | 26.71 million BoP, current US$ | +38057.1% |
| 1994 | 490,000 BoP, current US$ | -98.2% |
| 1995 | 500,000 BoP, current US$ | +2.0% |
| 1996 | 1.07 million BoP, current US$ | +114.4% |
| 1997 | 960,000 BoP, current US$ | -10.4% |
| 1998 | 4.36 million BoP, current US$ | +354.2% |
| 1999 | 6.02 million BoP, current US$ | +38.0% |
| 2000 | 1.17 million BoP, current US$ | -80.6% |
| 2001 | 8.72 million BoP, current US$ | +647.2% |
| 2002 | 15.16 million BoP, current US$ | +73.9% |
| 2003 | 111.05 million BoP, current US$ | +632.5% |
| 2004 | 41.64 million BoP, current US$ | -62.5% |
| 2005 | 41.57 million BoP, current US$ | -0.2% |
| 2006 | 29.50 million BoP, current US$ | -29.0% |
| 2007 | 15.07 million BoP, current US$ | -48.9% |
| 2008 | 59.76 million BoP, current US$ | +296.5% |
| 2009 | 50.54 million BoP, current US$ | -15.4% |
| 2010 | 44.84 million BoP, current US$ | -11.3% |
| 2011 | 63.50 million BoP, current US$ | +41.6% |
| 2012 | 62.48 million BoP, current US$ | -1.6% |
| 2013 | 91.94 million BoP, current US$ | +47.2% |
| 2014 | 108.81 million BoP, current US$ | +18.3% |
| 2015 | 110.07 million BoP, current US$ | +1.2% |
| 2016 | 33.74 million BoP, current US$ | -69.4% |
| 2017 | 11.44 million BoP, current US$ | -66.1% |
| 2018 | 8.35 million BoP, current US$ | -27.0% |
| 2019 | 102.77 million BoP, current US$ | +1130.8% |
| 2020 | 4.77 million BoP, current US$ | -95.4% |
| 2021 | 342.34 million BoP, current US$ | +7076.9% |
| 2022 | 523.81 million BoP, current US$ | +53.0% |
| 2023 | 492.58 million BoP, current US$ | -6.0% |
| 2024 | 610.50 million BoP, current US$ | +23.9% |
Guinea compared with similar countries
- Guinea's 610.50 million BoP, current US$ is below the median for lower middle income countries, which is 1.04 billion BoP, current US$, 59% of the median. (47 countries reporting)
- Guinea's 610.50 million BoP, current US$ is above the median for Sub-Saharan Africa, which is 363.22 million BoP, current US$, 1.7× the median. (43 countries reporting)
Biggest year-on-year movements
Years where Personal transfers, receipts in Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1988 | +38057.1% | 70,000 BoP, current US$ | 26.71 million BoP, current US$ |
| 2021 | +7076.9% | 4.77 million BoP, current US$ | 342.34 million BoP, current US$ |
| 2019 | +1130.8% | 8.35 million BoP, current US$ | 102.77 million BoP, current US$ |
| 2001 | +647.2% | 1.17 million BoP, current US$ | 8.72 million BoP, current US$ |
| 2003 | +632.5% | 15.16 million BoP, current US$ | 111.05 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 8.95 million BoP, current US$ | 70,000 BoP, current US$ | 26.71 million BoP, current US$ | 3 |
| 1990s | 2.23 million BoP, current US$ | 490,000 BoP, current US$ | 6.02 million BoP, current US$ | 6 |
| 2000s | 37.42 million BoP, current US$ | 1.17 million BoP, current US$ | 111.05 million BoP, current US$ | 10 |
| 2010s | 63.79 million BoP, current US$ | 8.35 million BoP, current US$ | 110.07 million BoP, current US$ | 10 |
| 2020s | 394.80 million BoP, current US$ | 4.77 million BoP, current US$ | 610.50 million BoP, current US$ | 5 |
Countries ranked near Guinea
- 80 Afghanistan 722.23 million BoP, current US$ compare
- 81 Cyprus 719.96 million BoP, current US$ compare
- 82 Iraq 631.80 million BoP, current US$ compare
- 84 Togo 593.75 million BoP, current US$ compare
- 85 Cameroon 593.65 million BoP, current US$ compare
- 86 Panama 561.22 million BoP, current US$ 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$), annual growth rate -28.7 % change on previous year (2024)
Frequently asked questions
- What is personal transfers, receipts in Guinea?
- Personal transfers, receipts in Guinea was 610.50 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest personal transfers, receipts recorded in Guinea?
- The highest recorded value was 610.50 million BoP, current US$ in 2024.
- What is the lowest personal transfers, receipts recorded in Guinea?
- The lowest recorded value was 70,000 BoP, current US$ in 1986.
- How does Guinea rank for personal transfers, receipts?
- Guinea ranks 83rd out of 177 countries with data for 2024.
- Is personal transfers, receipts rising or falling in Guinea?
- Over the last ten years it is up 461.1%. The long-run trend across the full record is volatile.
- Where does this Guinea data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Personal transfers, receipts (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Personal transfers are current transfers, in cash or in kind, received by resident households from non-resident households. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This indicator is expressed in United States dollars.