Guinea-Bissau - Workers' remittances
Workers' remittances, receipts (BoP, current US$)
The latest value for Workers' remittances, receipts (BoP, current US$) in Guinea-Bissau was $48,853,600 as of 2009. Over the past 21 years, the value for this indicator has fluctuated between $49,461,230 in 2008 and $1,000,000 in 1990.
Definition: Workers' remittances are current transfers by migrants who are employed or intend to remain employed for more than a year in another economy in which they are considered residents. Some developing countries classify workers' remittances as a factor income receipt (and thus as a component of GNI). The World Bank adheres to international guidelines in defining GNI, and its classification of workers' remittances may therefore differ from national practices. This item shows receipts by the reporting country. Data are in current U.S. dollars.
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
Sub-Topic: Balance of payments