Money sent or brought back by migrants as a share of gdp in Guinea-Bissau
Guinea-Bissau: Money sent or brought back by migrants as a share of gdp was 9.88 in 2024. ◆ Volatile
Money sent or brought back by migrants as a share of gdp in Guinea-Bissau, 1988–2024
Source: Our World in Data.
Analysis
Guinea-Bissau recorded 9.88 for money sent or brought back by migrants as a share of gdp in 2024.
Compared with earlier readings it is up 0.4% on the previous year and up 21.4% over ten years.
Over the whole period, money sent or brought back by migrants as a share of gdp in Guinea-Bissau peaked at 10.8 in 2021 and was at its lowest, 0.1577, in 1990.
Guinea-Bissau ranks 30th of 194 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Money sent or brought back by migrants as a share of gdp 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 Money sent or brought back by migrants as a share of gdp 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 population data for Guinea-Bissau
- Population regions with projections, annual growth rate 0.1406 % change on previous year (2100)
- Urban and rural population 2050, annual growth rate 1.35 % change on previous year (2050)
- Population long run with projections, annual growth rate 0.1406 % change on previous year (2100)
- Un population 2024 vs 2022, annual growth rate 0.1572 % change on previous year (2100)
- Africa's Development Dynamics (AfDD) Table 05 - Demographic estimates 3,445 Persons (2050)
- Africa's Development Dynamics (AfDD) Table 03 - Annual population 2 Percent per annum (2030)
- Projected population under age 5, annual growth rate -0.4106 % change on previous year (2100)
- Population growth rate 0.132 (2100)
- Population density 165.91 (2100)
- Projected population under age 5 302,001 (2100)
Frequently asked questions
- What is money sent or brought back by migrants as a share of gdp in Guinea-Bissau?
- Money sent or brought back by migrants as a share of gdp in Guinea-Bissau was 9.88 in 2024, according to Our World in Data.
- What is the highest money sent or brought back by migrants as a share of gdp recorded in Guinea-Bissau?
- The highest recorded value was 10.8 in 2021.
- What is the lowest money sent or brought back by migrants as a share of gdp recorded in Guinea-Bissau?
- The lowest recorded value was 0.1577 in 1990.
- How does Guinea-Bissau rank for money sent or brought back by migrants as a share of gdp?
- Guinea-Bissau ranks 30th out of 194 countries with data for 2024.
- Is money sent or brought back by migrants as a share of gdp 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 Money sent or brought back by migrants as a share of gdp. 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).