Remittances, annual growth rate in Guinea-Bissau

Guinea-Bissau: Remittances, annual growth rate was 0.4096 % change on previous year in 2024. ◆ Volatile

Latest (2024)
0.4096 % change on previous year
Change on year
up 110.3%
World rank
79th
of 189 countries
All-time high
136.65 % change on previous year
in 1998
All-time low
-38.27 % change on previous year
in 1989
Years of data
36
1989–2024

Remittances, annual growth rate in Guinea-Bissau, 1989–2024

-500501001501989200620241989: -38.3 % change on previous year1990: -27.2 % change on previous year1991: 10.7 % change on previous year1992: 29.9 % change on previous year1993: 7.5 % change on previous year1994: 11.7 % change on previous year1995: 2.1 % change on previous year1996: 2.5 % change on previous year1997: 0.696 % change on previous year1998: 136.6 % change on previous year1999: 53.1 % change on previous year2000: 97.5 % change on previous year2001: 18.6 % change on previous year2002: 55.4 % change on previous year2003: 10.6 % change on previous year2004: 13.9 % change on previous year2005: -34.6 % change on previous year2006: 29.3 % change on previous year2007: 42.1 % change on previous year2008: -9.1 % change on previous year2009: 5.7 % change on previous year2010: -11.1 % change on previous year2011: -7.7 % change on previous year2012: -3.4 % change on previous year2013: 32.2 % change on previous year2014: 41.6 % change on previous year2015: -9.4 % change on previous year2016: 3.7 % change on previous year2017: -6.4 % change on previous year2018: 15.1 % change on previous year2019: 15 % change on previous year2020: 8.3 % change on previous year2021: 5.3 % change on previous year2022: -5.2 % change on previous year2023: -4 % change on previous year2024: 0.41 % change on previous year

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, remittances, annual growth rate in Guinea-Bissau stood at 0.4096 % change on previous year.

That represents a change of up 110.3% on the previous year and down 99.0% over ten years.

Over the whole period, remittances, annual growth rate in Guinea-Bissau peaked at 136.65 % change on previous year in 1998 and was at its lowest, -38.27 % change on previous year, in 1989.

Guinea-Bissau ranks 79th of 189 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.

Remittances, annual growth rate in Guinea-Bissau, year by year

Annual values for Remittances, annual growth rate in Guinea-Bissau, 1989 to 2024.
Year % change on previous year Change
1989 -38.27 % change on previous year —
1990 -27.19 % change on previous year -28.9%
1991 10.68 % change on previous year -139.3%
1992 29.86 % change on previous year +179.5%
1993 7.48 % change on previous year -74.9%
1994 11.71 % change on previous year +56.5%
1995 2.05 % change on previous year -82.5%
1996 2.45 % change on previous year +19.5%
1997 0.6959 % change on previous year -71.6%
1998 136.65 % change on previous year +19535.0%
1999 53.11 % change on previous year -61.1%
2000 97.45 % change on previous year +83.5%
2001 18.58 % change on previous year -80.9%
2002 55.42 % change on previous year +198.3%
2003 10.59 % change on previous year -80.9%
2004 13.9 % change on previous year +31.3%
2005 -34.63 % change on previous year -349.2%
2006 29.26 % change on previous year -184.5%
2007 42.11 % change on previous year +43.9%
2008 -9.13 % change on previous year -121.7%
2009 5.7 % change on previous year -162.5%
2010 -11.05 % change on previous year -293.8%
2011 -7.74 % change on previous year -30.0%
2012 -3.44 % change on previous year -55.5%
2013 32.19 % change on previous year -1035.4%
2014 41.62 % change on previous year +29.3%
2015 -9.45 % change on previous year -122.7%
2016 3.75 % change on previous year -139.7%
2017 -6.45 % change on previous year -272.0%
2018 15.09 % change on previous year -334.1%
2019 15.01 % change on previous year -0.5%
2020 8.32 % change on previous year -44.6%
2021 5.31 % change on previous year -36.2%
2022 -5.16 % change on previous year -197.2%
2023 -3.96 % change on previous year -23.3%
2024 0.4096 % change on previous year -110.3%

Guinea-Bissau compared with similar countries

  • Guinea-Bissau's 0.4096 % change on previous year is above the median for low income countries, which is 0.4096 % change on previous year, 1.0× the median. (21 countries reporting)
  • Guinea-Bissau's 0.4096 % change on previous year is above the median for Sub-Saharan Africa, which is -0.6476 % change on previous year. (44 countries reporting)

Biggest year-on-year movements

Years where Remittances, annual growth rate in Guinea-Bissau 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.

YearChange FromTo
1998 +19535.0% 0.6959 % change on previous year 136.65 % change on previous year
2013 +1035.4% -3.44 % change on previous year 32.19 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1980s -38.27 % change on previous year -38.27 % change on previous year -38.27 % change on previous year 1
1990s 22.75 % change on previous year -27.19 % change on previous year 136.65 % change on previous year 10
2000s 22.93 % change on previous year -34.63 % change on previous year 97.45 % change on previous year 10
2010s 6.95 % change on previous year -11.05 % change on previous year 41.62 % change on previous year 10
2020s 0.9848 % change on previous year -5.16 % change on previous year 8.32 % change on previous year 5

Countries ranked near Guinea-Bissau

  1. 76 Saint Lucia 1.04 % change on previous year compare
  2. 77 Sierra Leone 0.7745 % change on previous year compare
  3. 78 Faroe Islands 0.6983 % change on previous year compare
  4. 80 Germany 0.0167 % change on previous year compare
  5. 81 French Polynesia -0.1463 % change on previous year compare
  6. 82 Cayman Islands -0.1746 % change on previous year compare

See the full ranking of 189 places →

More reference data data for Guinea-Bissau

All data for Guinea-Bissau →

Frequently asked questions

What is remittances, annual growth rate in Guinea-Bissau?
Remittances, annual growth rate in Guinea-Bissau was 0.4096 % change on previous year in 2024, according to Statizoid (derived).
What is the highest remittances, annual growth rate recorded in Guinea-Bissau?
The highest recorded value was 136.65 % change on previous year in 1998.
What is the lowest remittances, annual growth rate recorded in Guinea-Bissau?
The lowest recorded value was -38.27 % change on previous year in 1989.
How does Guinea-Bissau rank for remittances, annual growth rate?
Guinea-Bissau ranks 79th out of 189 countries with data for 2024.
Is remittances, annual growth rate rising or falling in Guinea-Bissau?
Over the last ten years it is down 99.0%. The long-run trend across the full record is volatile.
Where does this Guinea-Bissau data come from?
The figures come from Statizoid (derived), published as part of Remittances, annual growth rate. Statizoid updates them automatically from the source API.

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Remittances, annual growth rate in Guinea-Bissau. Statizoid, drawing on Statizoid (derived). Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances-annual-growth-rate/guinea-bissau/

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<a href="https://reference.statizoid.com/stat/remittances-annual-growth-rate/guinea-bissau/">Remittances, annual growth rate in Guinea-Bissau</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Remittances, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
189 places, 6,804 data points, 1971–2025
Last refreshed

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.