Guinea-Bissau vs Iceland: Personal remittances and foreign aid received

Guinea-Bissau
206.11 million current US$
in 2021
Iceland
193.32 million current US$
in 2021
Guinea-Bissau rank
139th
Iceland rank
142nd

Personal remittances and foreign aid received over time

  • Guinea-Bissau
  • Iceland
050.0M100.0M150.0M200.0M197619982021

How they compare

Guinea-Bissau currently reports 206.11 million current US$ against 193.32 million current US$ in Iceland, a difference of 12.79 million current US$.

That makes Guinea-Bissau's figure about 1.1 times Iceland's.

The two have swapped places 1 time across 34 shared years of data; in 1988 it was Iceland ahead.

Guinea-Bissau ranks 139th and Iceland ranks 142nd of 193 countries.

Across the 5 decades both report, Guinea-Bissau averaged higher in 1 and Iceland in 4.

Head to head by decade

Decade Guinea-Bissau Iceland Difference Ahead
1980s 1.35 million current US$ 26.30 million current US$ 24.95 million current US$ Iceland
1990s 2.25 million current US$ 46.73 million current US$ 44.48 million current US$ Iceland
2000s 27.33 million current US$ 72.59 million current US$ 45.26 million current US$ Iceland
2010s 86.44 million current US$ 186.25 million current US$ 99.81 million current US$ Iceland
2020s 190.52 million current US$ 180.34 million current US$ 10.18 million current US$ Guinea-Bissau

Averages of every year both report within each decade.

Frequently asked questions

Which has higher personal remittances and foreign aid received, Guinea-Bissau or Iceland?
Guinea-Bissau, at 206.11 million current US$ against 193.32 million current US$ in Iceland as of 2021.
What is the difference in personal remittances and foreign aid received between Guinea-Bissau and Iceland?
12.79 million current US$, with Guinea-Bissau ahead.
How many years of comparable data are there for Guinea-Bissau and Iceland?
34 years are reported by both, from 1988 to 2021.
How do Guinea-Bissau and Iceland rank globally for personal remittances and foreign aid received?
Guinea-Bissau ranks 139th and Iceland ranks 142nd of 193 countries.
Where does this data come from?
World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data, published as Personal remittances and foreign aid received. Statizoid refreshes it automatically from the source and publishes the full history for both places.

Individual pages

About this data

Indicator
Personal remittances and foreign aid received
Unit
current US$
Source
World Bank based on International Monetary Fund balance of payments data (2026) – processed by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
193 places, 6,518 data points, 1970–2021
Last refreshed

Remittances are financial transfers from non-residents to residents of a country, such as a worker abroad sending money to family and friends. Foreign aid is measured as official development assistance. Both are measured in current US$.