Workers' remittances received fell 5.77% to USD 497 mil in Guinea in 2023, according to the National Statistical Office.
Historically, workers' remittances received in Guinea reached an all time high of USD 527 mil in 2022 and an all time low of USD 0.070 mil in 1986. When compared to Guinea's main peers, workers' remittances received in Liberia amounted to USD 800 mil, USD 1,045 mil in Mali, USD 3,267 mil in Senegal and USD 293 mil in Sierra Leone in 2023.
Guinea has been ranked 116th within the group of 161 countries we follow in terms of workers' remittances received, 18 places above the position seen 10 years ago.
Workers' Remittances, Received (USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Algeria | USD mil | 1,985 | 1,786 | 1,700 | 1,792 | 1,705 | ... | |||||||||||||||
Burkina Faso | USD mil | 456 | 467 | 525 | 571 | 524 | ... | |||||||||||||||
Gambia | USD mil | 212 | 276 | 416 | 547 | 502 | ||||||||||||||||
Ghana | USD mil | 3,521 | 4,054 | 4,292 | 1,924 | 2,070 | ... | |||||||||||||||
Guinea | USD mil | 28.4 | 158 | 22.5 | 344 | 527 | ... | |||||||||||||||
Ivory Coast | USD mil | 332 | 328 | 329 | 440 | 1,042 | ... | |||||||||||||||
Liberia | USD mil | 460 | 346 | 336 | 531 | 690 | ... | |||||||||||||||
Mali | USD mil | 1,023 | 972 | 997 | 1,131 | 1,107 | ... | |||||||||||||||
Mauritania | USD mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 60.4 | 64.5 | 169 | 13.2 | 109 | ... | ||
Niger | USD mil | 297 | 309 | 521 | 353 | 725 | ... | |||||||||||||||
Senegal | USD mil | 2,428 | 2,526 | 2,607 | 3,097 | 2,911 | ... | |||||||||||||||
Sierra Leone | USD mil | 73.2 | 177 | 177 | 184 | 291 | ... |