Primary income payments (BoP, current US$) in Guinea
Guinea: Primary income payments (BoP, current US$) was 2.41 billion BoP, current US$ in 2024. ◆ Volatile
Primary income payments in Guinea, 1986–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
The most recent figure for primary income payments in Guinea is 2.41 billion BoP, current US$, measured in 2024. That is the highest value across all 39 years on record.
Compared with earlier readings it is up 21.6% on the previous year and up 933.2% over ten years.
Over the whole period, primary income payments in Guinea peaked at 2.41 billion BoP, current US$ in 2024 and was at its lowest, 37.09 million BoP, current US$, in 2004.
Guinea ranks 99th of 200 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Primary income payments (BoP, current US$) in Guinea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1986 | 156.55 million BoP, current US$ | — |
| 1987 | 128.76 million BoP, current US$ | -17.8% |
| 1988 | 142.40 million BoP, current US$ | +10.6% |
| 1989 | 178.45 million BoP, current US$ | +25.3% |
| 1990 | 161.50 million BoP, current US$ | -9.5% |
| 1991 | 181.39 million BoP, current US$ | +12.3% |
| 1992 | 148.85 million BoP, current US$ | -17.9% |
| 1993 | 92.59 million BoP, current US$ | -37.8% |
| 1994 | 79.76 million BoP, current US$ | -13.9% |
| 1995 | 97.51 million BoP, current US$ | +22.3% |
| 1996 | 105.72 million BoP, current US$ | +8.4% |
| 1997 | 121.32 million BoP, current US$ | +14.8% |
| 1998 | 133.54 million BoP, current US$ | +10.1% |
| 1999 | 106.87 million BoP, current US$ | -20.0% |
| 2000 | 101.12 million BoP, current US$ | -5.4% |
| 2001 | 113.60 million BoP, current US$ | +12.3% |
| 2002 | 51.58 million BoP, current US$ | -54.6% |
| 2003 | 124.33 million BoP, current US$ | +141.0% |
| 2004 | 37.09 million BoP, current US$ | -70.2% |
| 2005 | 51.60 million BoP, current US$ | +39.1% |
| 2006 | 42.24 million BoP, current US$ | -18.1% |
| 2007 | 124.13 million BoP, current US$ | +193.9% |
| 2008 | 101.05 million BoP, current US$ | -18.6% |
| 2009 | 190.41 million BoP, current US$ | +88.4% |
| 2010 | 92.04 million BoP, current US$ | -51.7% |
| 2011 | 155.63 million BoP, current US$ | +69.1% |
| 2012 | 153.52 million BoP, current US$ | -1.4% |
| 2013 | 410.64 million BoP, current US$ | +167.5% |
| 2014 | 233.71 million BoP, current US$ | -43.1% |
| 2015 | 178.71 million BoP, current US$ | -23.5% |
| 2016 | 188.93 million BoP, current US$ | +5.7% |
| 2017 | 97.95 million BoP, current US$ | -48.2% |
| 2018 | 250.35 million BoP, current US$ | +155.6% |
| 2019 | 200.87 million BoP, current US$ | -19.8% |
| 2020 | 177.32 million BoP, current US$ | -11.7% |
| 2021 | 672.78 million BoP, current US$ | +279.4% |
| 2022 | 369.26 million BoP, current US$ | -45.1% |
| 2023 | 1.99 billion BoP, current US$ | +437.9% |
| 2024 | 2.41 billion BoP, current US$ | +21.6% |
Guinea compared with similar countries
- Guinea's 2.41 billion BoP, current US$ is above the median for lower middle income countries, which is 1.37 billion BoP, current US$, 1.8× the median. (47 countries reporting)
- Guinea's 2.41 billion BoP, current US$ is above the median for Sub-Saharan Africa, which is 533.30 million BoP, current US$, 4.5× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Primary income payments (BoP, current US$) 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 |
|---|---|---|---|
| 2023 | +437.9% | 369.26 million BoP, current US$ | 1.99 billion BoP, current US$ |
| 2021 | +279.4% | 177.32 million BoP, current US$ | 672.78 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 151.54 million BoP, current US$ | 128.76 million BoP, current US$ | 178.45 million BoP, current US$ | 4 |
| 1990s | 122.91 million BoP, current US$ | 79.76 million BoP, current US$ | 181.39 million BoP, current US$ | 10 |
| 2000s | 93.72 million BoP, current US$ | 37.09 million BoP, current US$ | 190.41 million BoP, current US$ | 10 |
| 2010s | 196.24 million BoP, current US$ | 92.04 million BoP, current US$ | 410.64 million BoP, current US$ | 10 |
| 2020s | 1.12 billion BoP, current US$ | 177.32 million BoP, current US$ | 2.41 billion BoP, current US$ | 5 |
Countries ranked near Guinea
- 96 Mozambique 2.55 billion BoP, current US$ compare
- 97 Kenya 2.54 billion BoP, current US$ compare
- 98 Paraguay 2.51 billion BoP, current US$ compare
- 100 Tunisia 2.24 billion BoP, current US$ compare
- 101 Tanzania 2.20 billion BoP, current US$ compare
- 102 Trinidad and Tobago 2.13 billion BoP, current US$ compare
More economy & growth data for Guinea
- Real gdp growth, annual growth rate -2.71 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 470.07 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0005 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.9019 units per person (2025)
- SDRs holdings, SDR, annual growth rate 442.86 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0004 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.6586 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate 5.01 % change on previous year (2025)
Frequently asked questions
- What is primary income payments in Guinea?
- Primary income payments in Guinea was 2.41 billion BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest primary income payments recorded in Guinea?
- The highest recorded value was 2.41 billion BoP, current US$ in 2024.
- What is the lowest primary income payments recorded in Guinea?
- The lowest recorded value was 37.09 million BoP, current US$ in 2004.
- How does Guinea rank for primary income payments?
- Guinea ranks 99th out of 200 countries with data for 2024.
- Is primary income payments rising or falling in Guinea?
- Over the last ten years it is up 933.2%. 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 Primary income payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Primary income payments refer to employee compensation paid to nonresident workers and investment income (payments on direct investment, portfolio investment, other investments).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.