Remittances in Guinea-Bissau
Guinea-Bissau: Remittances was 9.88 in 2024. ◆ Volatile
Remittances in Guinea-Bissau, 1988–2024
Source: Our World in Data.
Analysis
Guinea-Bissau recorded 9.88 for remittances in 2024.
That represents a change of up 0.4% on the previous year and up 21.4% over ten years.
Over the whole period, remittances in Guinea-Bissau peaked at 10.8 in 2021 and was at its lowest, 0.1577, in 1990.
That places Guinea-Bissau 30th out of 194 countries with data for 2024, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Remittances in Guinea-Bissau, year by year
| Year | Value | Change |
|---|---|---|
| 1988 | 0.3509 | — |
| 1989 | 0.2166 | -38.3% |
| 1990 | 0.1577 | -27.2% |
| 1991 | 0.1745 | +10.7% |
| 1992 | 0.2266 | +29.9% |
| 1993 | 0.2436 | +7.5% |
| 1994 | 0.2721 | +11.7% |
| 1995 | 0.2777 | +2.1% |
| 1996 | 0.2845 | +2.5% |
| 1997 | 0.2865 | +0.7% |
| 1998 | 0.678 | +136.6% |
| 1999 | 1.04 | +53.1% |
| 2000 | 2.05 | +97.5% |
| 2001 | 2.43 | +18.6% |
| 2002 | 3.78 | +55.4% |
| 2003 | 4.18 | +10.6% |
| 2004 | 4.76 | +13.9% |
| 2005 | 3.11 | -34.6% |
| 2006 | 4.02 | +29.3% |
| 2007 | 5.71 | +42.1% |
| 2008 | 5.19 | -9.1% |
| 2009 | 5.49 | +5.7% |
| 2010 | 4.88 | -11.1% |
| 2011 | 4.5 | -7.7% |
| 2012 | 4.35 | -3.4% |
| 2013 | 5.75 | +32.2% |
| 2014 | 8.14 | +41.6% |
| 2015 | 7.37 | -9.4% |
| 2016 | 7.65 | +3.7% |
| 2017 | 7.16 | -6.4% |
| 2018 | 8.24 | +15.1% |
| 2019 | 9.47 | +15.0% |
| 2020 | 10.26 | +8.3% |
| 2021 | 10.8 | +5.3% |
| 2022 | 10.25 | -5.2% |
| 2023 | 9.84 | -4.0% |
| 2024 | 9.88 | +0.4% |
Guinea-Bissau compared with similar countries
- Guinea-Bissau's 9.88 is above the median for low income countries, which is 3.36, 2.9× the median. (22 countries reporting)
- Guinea-Bissau's 9.88 is above the median for Sub-Saharan Africa, which is 2.52, 3.9× the median. (46 countries reporting)
Biggest year-on-year movements
Years where Remittances 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.
| Year | Change | From | To |
|---|---|---|---|
| 1998 | +136.6% | 0.2865 | 0.678 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.2837 | 0.2166 | 0.3509 | 2 |
| 1990s | 0.3639 | 0.1577 | 1.04 | 10 |
| 2000s | 4.07 | 2.05 | 5.71 | 10 |
| 2010s | 6.75 | 4.35 | 9.47 | 10 |
| 2020s | 10.21 | 9.84 | 10.8 | 5 |
Countries ranked near Guinea-Bissau
- 27 French Polynesia 10.58 compare
- 28 East Timor 9.99 compare
- 29 Pakistan 9.94 compare
- 31 Dominican Republic 9.74 compare
- 32 Montenegro 9.72 compare
- 33 Sao Tome and Principe 9.71 compare
More reference data data for Guinea-Bissau
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.0583 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 0.3098 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 0.395 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.0269 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 0.395 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.1955 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2346 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 1.56 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 2.15 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 0.1466 (2050)
Frequently asked questions
- What is remittances in Guinea-Bissau?
- Remittances in Guinea-Bissau was 9.88 in 2024, according to Our World in Data.
- What is the highest remittances recorded in Guinea-Bissau?
- The highest recorded value was 10.8 in 2021.
- What is the lowest remittances recorded in Guinea-Bissau?
- The lowest recorded value was 0.1577 in 1990.
- How does Guinea-Bissau rank for remittances?
- Guinea-Bissau ranks 30th out of 194 countries with data for 2024.
- Is remittances rising or falling in Guinea-Bissau?
- Over the last ten years it is up 21.4%. The long-run trend across the full record is volatile.
- Where does this Guinea-Bissau data come from?
- The figures come from Our World in Data, published as part of Remittances. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 37 observations, free to reuse under CC BY 4.0 (Our World in Data).