Secondary income, other sectors, payments in Guinea
Guinea: Secondary income, other sectors, payments was 114.92 million BoP, current US$ in 2024. ◆ Volatile
Secondary income, other sectors, payments in Guinea, 1986–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, secondary income, other sectors, payments in Guinea stood at 114.92 million BoP, current US$.
Compared with earlier readings it is up 42.1% on the previous year and down 94.4% over ten years.
Over the whole period, secondary income, other sectors, payments in Guinea peaked at 2.04 billion BoP, current US$ in 2014 and was at its lowest, 12.25 million BoP, current US$, in 1986.
Guinea ranks 140th of 196 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 30.08 million BoP, current US$ | 12.25 million BoP, current US$ | 58.87 million BoP, current US$ | 4 |
| 1990s | 45.27 million BoP, current US$ | 15.04 million BoP, current US$ | 78.03 million BoP, current US$ | 10 |
| 2000s | 60.21 million BoP, current US$ | 15.66 million BoP, current US$ | 173.32 million BoP, current US$ | 10 |
| 2010s | 567.84 million BoP, current US$ | 66.61 million BoP, current US$ | 2.04 billion BoP, current US$ | 10 |
| 2020s | 102.83 million BoP, current US$ | 52.07 million BoP, current US$ | 188.38 million BoP, current US$ | 5 |
Countries ranked near Guinea
- 137 Turks and Caicos Islands 129.28 million BoP, current US$ compare
- 138 New Caledonia 127.13 million BoP, current US$ compare
- 139 Benin 119.57 million BoP, current US$ compare
- 141 East Timor 109.13 million BoP, current US$ compare
- 142 Uganda 107.79 million BoP, current US$ compare
- 143 Fiji 106.42 million BoP, current US$ compare
More economy & growth data for Guinea
- External balance on goods and services as a percent of GDP -20.9% (2025)
- Inflation of consumer prices 3.5% (2025)
- GDP per capita 1,098 constant 2015 US$ (2025)
- Share of manufacturing in gross domestic product (GDP) 12.7% (2022)
- Gross domestic product (GDP) 16.58 billion constant 2015 US$ (2025)
- GDP per capita in international and market dollars 1,098 constant 2015 US$ (2025)
- DEC alternative conversion factor 8,638 LCU per US$ (2025)
- Net secondary income (Net current transfers from abroad) 3.40 trillion current LCU (2025)
- Net secondary income (Net current transfers from abroad) 393.46 million current US$ (2025)
- Taxes less subsidies on products 18.59 trillion current LCU (2025)
Frequently asked questions
- What is secondary income, other sectors, payments in Guinea?
- Secondary income, other sectors, payments in Guinea was 114.92 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income, other sectors, payments recorded in Guinea?
- The highest recorded value was 2.04 billion BoP, current US$ in 2014.
- What is the lowest secondary income, other sectors, payments recorded in Guinea?
- The lowest recorded value was 12.25 million BoP, current US$ in 1986.
- How does Guinea rank for secondary income, other sectors, payments?
- Guinea ranks 140th out of 196 countries with data for 2024.
- Is secondary income, other sectors, payments rising or falling in Guinea?
- Over the last ten years it is down 94.4%. 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 Secondary income, other sectors, payments (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. 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.