Secondary income receipts in Guinea
Guinea: Secondary income receipts was 660.88 million BoP, current US$ in 2024. ◆ Volatile
Secondary income receipts in Guinea, 1986–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in BoP, current US$.
Analysis
In 2024, secondary income receipts in Guinea stood at 660.88 million BoP, current US$.
That represents a change of up 15.0% on the previous year and down 68.3% over ten years.
Over the whole period, secondary income receipts in Guinea peaked at 2.09 billion BoP, current US$ in 2014 and was at its lowest, 35.32 million BoP, current US$, in 2007.
That places Guinea 130th out of 199 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Secondary income receipts in Guinea, year by year
| Year | BoP, current US$ | Change |
|---|---|---|
| 1986 | 37.92 million BoP, current US$ | — |
| 1987 | 37.56 million BoP, current US$ | -0.9% |
| 1988 | 121.29 million BoP, current US$ | +222.9% |
| 1989 | 143.55 million BoP, current US$ | +18.4% |
| 1990 | 118.84 million BoP, current US$ | -17.2% |
| 1991 | 136.16 million BoP, current US$ | +14.6% |
| 1992 | 193.47 million BoP, current US$ | +42.1% |
| 1993 | 260.30 million BoP, current US$ | +34.5% |
| 1994 | 280.62 million BoP, current US$ | +7.8% |
| 1995 | 258.32 million BoP, current US$ | -7.9% |
| 1996 | 137.75 million BoP, current US$ | -46.7% |
| 1997 | 131.44 million BoP, current US$ | -4.6% |
| 1998 | 116.18 million BoP, current US$ | -11.6% |
| 1999 | 80.04 million BoP, current US$ | -31.1% |
| 2000 | 88.61 million BoP, current US$ | +10.7% |
| 2001 | 91.58 million BoP, current US$ | +3.3% |
| 2002 | 70.54 million BoP, current US$ | -23.0% |
| 2003 | 194.56 million BoP, current US$ | +175.8% |
| 2004 | 55.14 million BoP, current US$ | -71.7% |
| 2005 | 49.19 million BoP, current US$ | -10.8% |
| 2006 | 56.03 million BoP, current US$ | +13.9% |
| 2007 | 35.32 million BoP, current US$ | -37.0% |
| 2008 | 102.57 million BoP, current US$ | +190.4% |
| 2009 | 61.89 million BoP, current US$ | -39.7% |
| 2010 | 81.52 million BoP, current US$ | +31.7% |
| 2011 | 353.67 million BoP, current US$ | +333.8% |
| 2012 | 242.38 million BoP, current US$ | -31.5% |
| 2013 | 230.38 million BoP, current US$ | -5.0% |
| 2014 | 2.09 billion BoP, current US$ | +805.7% |
| 2015 | 1.25 billion BoP, current US$ | -40.2% |
| 2016 | 964.11 million BoP, current US$ | -22.7% |
| 2017 | 495.19 million BoP, current US$ | -48.6% |
| 2018 | 387.15 million BoP, current US$ | -21.8% |
| 2019 | 354.12 million BoP, current US$ | -8.5% |
| 2020 | 365.52 million BoP, current US$ | +3.2% |
| 2021 | 477.19 million BoP, current US$ | +30.6% |
| 2022 | 657.13 million BoP, current US$ | +37.7% |
| 2023 | 574.61 million BoP, current US$ | -12.6% |
| 2024 | 660.88 million BoP, current US$ | +15.0% |
Guinea compared with similar countries
- Guinea's 660.88 million BoP, current US$ is below the median for lower middle income countries, which is 1.87 billion BoP, current US$, 35% of the median. (47 countries reporting)
- Guinea's 660.88 million BoP, current US$ is below the median for Sub-Saharan Africa, which is 832.48 million BoP, current US$, 79% of the median. (47 countries reporting)
Biggest year-on-year movements
Years where Secondary income receipts in Guinea changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2014 | +805.7% | 230.38 million BoP, current US$ | 2.09 billion BoP, current US$ |
| 2011 | +333.8% | 81.52 million BoP, current US$ | 353.67 million BoP, current US$ |
| 1988 | +222.9% | 37.56 million BoP, current US$ | 121.29 million BoP, current US$ |
| 2008 | +190.4% | 35.32 million BoP, current US$ | 102.57 million BoP, current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 85.08 million BoP, current US$ | 37.56 million BoP, current US$ | 143.55 million BoP, current US$ | 4 |
| 1990s | 171.31 million BoP, current US$ | 80.04 million BoP, current US$ | 280.62 million BoP, current US$ | 10 |
| 2000s | 80.54 million BoP, current US$ | 35.32 million BoP, current US$ | 194.56 million BoP, current US$ | 10 |
| 2010s | 644.23 million BoP, current US$ | 81.52 million BoP, current US$ | 2.09 billion BoP, current US$ | 10 |
| 2020s | 547.07 million BoP, current US$ | 365.52 million BoP, current US$ | 660.88 million BoP, current US$ | 5 |
Countries ranked near Guinea
- 127 Niger 821.57 million BoP, current US$ compare
- 128 French Polynesia 756.42 million BoP, current US$ compare
- 129 Togo 710.17 million BoP, current US$ compare
- 131 Malawi 649.02 million BoP, current US$ compare
- 132 Venezuela 644.00 million BoP, current US$ compare
- 133 New Caledonia 642.35 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$), annual growth rate -28.7 % change on previous year (2024)
Frequently asked questions
- What is secondary income receipts in Guinea?
- Secondary income receipts in Guinea was 660.88 million BoP, current US$ in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest secondary income receipts recorded in Guinea?
- The highest recorded value was 2.09 billion BoP, current US$ in 2014.
- What is the lowest secondary income receipts recorded in Guinea?
- The lowest recorded value was 35.32 million BoP, current US$ in 2007.
- How does Guinea rank for secondary income receipts?
- Guinea ranks 130th out of 199 countries with data for 2024.
- Is secondary income receipts rising or falling in Guinea?
- Over the last ten years it is down 68.3%. 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 receipts (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.