Guinea-Bissau Remittances Received
Personal remittances received BX.TRF.PWKR.CD.DT
Guinea-Bissau's remittances received was $223.4M in 2025, ranked 140th globally. This represents a 2.9% increase from 2024. Data from World Bank, covering 1988–2025.
Overview
Guinea-Bissau's remittances received stood at $223.4M in 2025, a rise of +$6.2M from 2024. Based on recent trends, this figure is projected to reach $223.4M by 2025. Guinea-Bissau ranked 140th globally.
Remittances received by Guinea‑Bissau have risen dramatically from a low of 1,000,000.00 in 1990, the all‑time trough, to an all‑time peak of 223,390,268.92 in 2025, placing the country at rank 140 globally. Over the 38‑year coverage period, the flow grew by more than 222 million dollars, reflecting expanding diaspora networks and heightened reliance on external transfers as a source of foreign exchange. The 2025 level exceeds the latest figures for peers such as Burundi (245,109,183.93) and Malawi (168,153,534.17), underscoring the relative importance of remittances for the small West African economy. While the upward trajectory mirrors broader trends in low‑income states where migrant earnings fund household consumption and investment, future growth will depend on the stability of host‑country economies, migration policies, and the development of formal channels that reduce transaction costs. Continued diversification of income sources could moderate the pace of increase.
Data & projection
| Year | Remittances Received | YoY change | Rank |
|---|---|---|---|
| 2027* trend | $239.9M | - | - |
| 2026* trend | $231.7M | - | - |
| 2025* trend | $223.4M | - | - |
| 2025 | $223.4M | +$6.2M | #140 |
| 2024 | $217.2M | +$12.8M | #43 |
| 2023 | $204.4M | +$14.2M | #46 |
| 2022 | $190.2M | −$15.9M | #45 |
| 2021 | $206.1M | +$31.2M | #49 |
| 2020 | $174.9M | +$23.8M | #50 |
| 2019 | $151.2M | +$23.2M | #45 |
| 2018 | $128.0M | +$22.8M | #45 |
| 2017 | $105.2M | +$10.0M | #44 |
| 2016 | $95.2M | +$10.3M | #42 |
| 2015 | $85.0M | −$7.5M | #40 |
| 2014 | $92.4M | +$28.6M | #41 |
| 2013 | $63.8M | +$18.2M | #34 |
| 2012 | $45.6M | −$6.5M | #29 |
| 2011 | $52.1M | +$6.2M | #33 |
Detected Pattern
Analysis
Guinea-Bissau matched the Fiscal Dominance Trap pattern in 2008. Historically, 72% of countries showing this pattern (278 out of 386) saw remittances received improve within 24 months. View full analysis →
Frequently Asked Questions
Guinea-Bissau's remittances received was $223.4M in 2025. Ranked 140th globally. This represents a 2.9% increase from the previous year.
Guinea-Bissau's remittances received peaked at $223.4M in 2025.
The lowest remittances received in Guinea-Bissau was $1.0M in 1990.
Guinea-Bissau ranks 140th globally in remittances received as of 2025.
The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.
Guinea-Bissau's remittances received is projected to reach $223.4M by 2025 based on trend extrapolation.
Guinea-Bissau's remittances received was approximately 223.39 million ($223.4M) in 2025.
The remittances received of Guinea-Bissau in 2025 was $223.4M. This ranks 140th in the world.
Cite this page
@misc{historysaid_guinea-bissau_remittances,
title = {Guinea-Bissau Remittances Received},
url = {https://historysaid.com/guinea-bissau/remittances/},
publisher = {HistorySaid},
year = {2026}
}