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Equatorial Guinea Remittances Received

Personal remittances received  BX.TRF.PWKR.CD.DT

Equatorial Guinea's remittances received was $164,206 in 1996, ranked 1st globally. This represents a 63.9% increase from 1995. Data from World Bank, covering 1992–1996.

$164,206 +$64,035 (+63.9%)
Year 1996 Rank #1 Global Peak $1.3M (1992) Source World Bank

Equatorial Guinea Remittances Received (1992–1996)

Overview

Equatorial Guinea's remittances received stood at $164,206 in 1996, a rise of +$64,035 from 1995. Equatorial Guinea ranked 1st globally.

Equatorial Guinea’s remittance inflows fell sharply between 1992 and 1996, declining from the all‑time peak of 1,318,514.58 in 1992 to a trough of 100,170.61 in 1995 before reaching the latest recorded level of 164,206.04 in 1996, which placed the country first globally among receivers that year. The five‑year series reflects a contraction of almost 88 % from the 1992 high, suggesting a loss of diaspora‑origin income streams during a period of political and economic turbulence. By contrast, peer economies such as Suriname recorded 333,333.34 in the same period, indicating that Equatorial Guinea’s remittance base was considerably smaller despite its top ranking. The persistent downward trajectory implies that without policy measures to facilitate migrant transfers or improve macro‑economic stability, future remittance receipts are likely to remain modest or decline further.

Data & projection

Year Remittances Received YoY change Rank
1996 $164,206 +$64,035 #1
1995 $100,171 −$406,115 #1
1994 $506,285 −$406,115 #6
1993 $912,400 −$406,115 #7
1992 $1.3M – #7

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +3192.5% GDP growth 3.2% C/A balance 6.6%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Equatorial Guinea matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw remittances received improve within 24 months. View full analysis →

Frequently Asked Questions

What is Equatorial Guinea's remittances received?▾

Equatorial Guinea's remittances received was $164,206 in 1996. Ranked 1st globally. This represents a 63.9% increase from the previous year.

What was the highest remittances received in Equatorial Guinea?▾

Equatorial Guinea's remittances received peaked at $1.3M in 1992.

What was the lowest remittances received in Equatorial Guinea?▾

The lowest remittances received in Equatorial Guinea was $100,171 in 1995.

How does Equatorial Guinea rank in remittances received?▾

Equatorial Guinea ranks 1st globally in remittances received as of 1996.

What is the World Bank indicator code for remittances received?▾

The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.

What is the remittances received of Equatorial Guinea in 1996?▾

The remittances received of Equatorial Guinea in 1996 was $164,206. This ranks 1st in the world.

Cite this page

APA
Equatorial Guinea Remittances Received. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/equatorial-guinea/remittances/
BibTeX
@misc{historysaid_equatorial-guinea_remittances, title = {Equatorial Guinea Remittances Received}, url = {https://historysaid.com/equatorial-guinea/remittances/}, publisher = {HistorySaid}, year = {2026} }
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