Remittances in Guinea
Guinea: Remittances was 2.46 in 2024. ◆ Volatile
Remittances in Guinea, 1986–2024
Source: Our World in Data.
Analysis
Guinea recorded 2.46 for remittances in 2024.
That represents a change of up 11.2% on the previous year and up 78.2% over ten years.
Over the whole period, remittances in Guinea peaked at 2.65 in 2022 and was at its lowest, 0.0024, in 1987.
Guinea ranks 93rd of 194 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 in Guinea, year by year
| Year | Value | Change |
|---|---|---|
| 1986 | 0.0024 | — |
| 1987 | 0.0024 | -2.3% |
| 1988 | 0.7683 | +32571.8% |
| 1989 | 0.63 | -18.0% |
| 1990 | 0.4622 | -26.6% |
| 1991 | 0.3094 | -33.1% |
| 1992 | 0.1927 | -37.7% |
| 1993 | 0.1016 | -47.3% |
| 1994 | 0.0099 | -90.2% |
| 1995 | 0.0137 | +38.3% |
| 1996 | 0.019 | +38.3% |
| 1997 | 0.0268 | +41.2% |
| 1998 | 0.0952 | +254.8% |
| 1999 | 0.1192 | +25.2% |
| 2000 | 0.0267 | -77.6% |
| 2001 | 0.2113 | +691.0% |
| 2002 | 0.3531 | +67.1% |
| 2003 | 2.21 | +525.8% |
| 2004 | 0.7855 | -64.5% |
| 2005 | 0.9707 | +23.6% |
| 2006 | 0.699 | -28.0% |
| 2007 | 0.2399 | -65.7% |
| 2008 | 0.8834 | +268.2% |
| 2009 | 0.7746 | -12.3% |
| 2010 | 0.675 | -12.9% |
| 2011 | 0.9506 | +40.8% |
| 2012 | 0.868 | -8.7% |
| 2013 | 1.11 | +27.9% |
| 2014 | 1.38 | +24.6% |
| 2015 | 1.48 | +7.3% |
| 2016 | 0.6069 | -59.1% |
| 2017 | 0.4326 | -28.7% |
| 2018 | 0.2398 | -44.6% |
| 2019 | 1.18 | +390.6% |
| 2020 | 0.1599 | -86.4% |
| 2021 | 2.01 | +1159.9% |
| 2022 | 2.65 | +31.4% |
| 2023 | 2.22 | -16.3% |
| 2024 | 2.46 | +11.2% |
Guinea compared with similar countries
- Guinea's 2.46 is below the median for lower middle income countries, which is 6.01, 41% of the median. (47 countries reporting)
- Guinea's 2.46 is below the median for Sub-Saharan Africa, which is 2.52, 98% of the median. (46 countries reporting)
Biggest year-on-year movements
Years where Remittances 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 |
|---|---|---|---|
| 1988 | +32571.8% | 0.0024 | 0.7683 |
| 2021 | +1159.9% | 0.1599 | 2.01 |
| 2001 | +691.0% | 0.0267 | 0.2113 |
| 2003 | +525.8% | 0.3531 | 2.21 |
| 2019 | +390.6% | 0.2398 | 1.18 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.3508 | 0.0024 | 0.7683 | 4 |
| 1990s | 0.135 | 0.0099 | 0.4622 | 10 |
| 2000s | 0.7154 | 0.0267 | 2.21 | 10 |
| 2010s | 0.8928 | 0.2398 | 1.48 | 10 |
| 2020s | 1.9 | 0.1599 | 2.65 | 5 |
Countries ranked near Guinea
- 90 Burkina Faso 2.57 compare
- 91 Romania 2.48 compare
- 92 Belarus 2.47 compare
- 94 North Macedonia 2.45 compare
- 95 Saint Lucia 2.35 compare
- 96 Hungary 2.32 compare
More reference data data for Guinea
- Emission Totals - Indirect emissions (N2O) - Manure applied to Soils 0.111 (2050)
- Emission Totals - Indirect emissions (N2O) - Manure left on Pasture 2.56 (2050)
- Emission Totals - Indirect emissions (N2O) - IPCC Agriculture 3.05 (2050)
- Emission Totals - Indirect emissions (N2O) - Crop Residues 0.2883 (2050)
- Emission Totals - Indirect emissions (N2O) - Agricultural Soils 3.05 (2050)
- Emission Totals - Emissions (N2O) - Manure applied to Soils 0.3722 (2050)
- Emission Totals - Emissions (N2O) - Manure Management 0.2242 (2050)
- Emission Totals - Emissions (N2O) - Manure left on Pasture 13.37 (2050)
- Emission Totals - Emissions (N2O) - IPCC Agriculture 16 (2050)
- Emission Totals - Emissions (N2O) - Crop Residues 1.57 (2050)
Frequently asked questions
- What is remittances in Guinea?
- Remittances in Guinea was 2.46 in 2024, according to Our World in Data.
- What is the highest remittances recorded in Guinea?
- The highest recorded value was 2.65 in 2022.
- What is the lowest remittances recorded in Guinea?
- The lowest recorded value was 0.0024 in 1987.
- How does Guinea rank for remittances?
- Guinea ranks 93rd out of 194 countries with data for 2024.
- Is remittances rising or falling in Guinea?
- Over the last ten years it is up 78.2%. The long-run trend across the full record is volatile.
- Where does this Guinea 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 — 39 observations, free to reuse under CC BY 4.0 (Our World in Data).