Migrant remittance inflows in Congo

Congo: Migrant remittance inflows was 14.81 million current US$ in 2007. ◆ Volatile

Latest (2007)
14.81 million current US$
Change on year
up 12.3%
World rank
42nd
of 50 countries
All-time high
14.95 million current US$
in 2004
All-time low
9,982 current US$
in 1987
Years of data
19
1978–2007

Migrant remittance inflows in Congo, 1978–2007

05.0M10.0M15.0M1978199220071978: 2.5M current US$1979: 3.1M current US$1980: 3.2M current US$1986: 43.3k current US$1987: 10.0k current US$1988: 4.4M current US$1995: 4.2M current US$1996: 7.8M current US$1997: 4.6M current US$1998: 1.9M current US$1999: 11.7M current US$2000: 10.4M current US$2001: 12.1M current US$2002: 1.2M current US$2003: 12.4M current US$2004: 15.0M current US$2005: 11.4M current US$2006: 13.2M current US$2007: 14.8M current US$

Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Measured in current US$.

Analysis

In 2007, migrant remittance inflows in Congo stood at 14.81 million current US$.

The figure is up 12.3% on the previous year and up 223.8% over ten years.

Over the whole period, migrant remittance inflows in Congo peaked at 14.95 million current US$ in 2004 and was at its lowest, 9,982 current US$, in 1987.

That places Congo 42nd out of 50 countries with data for 2007, putting it in the bottom quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.79 million current US$ 2.50 million current US$ 3.09 million current US$ 2
1980s 1.92 million current US$ 9,982 current US$ 4.43 million current US$ 4
1990s 6.05 million current US$ 1.94 million current US$ 11.67 million current US$ 5
2000s 11.30 million current US$ 1.18 million current US$ 14.95 million current US$ 8

Countries ranked near Congo

  1. 39 Malawi 17.41 million current US$ compare
  2. 40 Namibia 16.05 million current US$ compare
  3. 41 Libya 16.00 million current US$ compare
  4. 43 Comoros 12.21 million current US$ compare
  5. 44 Gabon 11.03 million current US$ compare
  6. 45 Madagascar 10.97 million current US$ compare

See the full ranking of 56 places →

More trade data for Congo

All data for Congo →

Frequently asked questions

What is migrant remittance inflows in Congo?
Migrant remittance inflows in Congo was 14.81 million current US$ in 2007, according to World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008.
What is the highest migrant remittance inflows recorded in Congo?
The highest recorded value was 14.95 million current US$ in 2004.
What is the lowest migrant remittance inflows recorded in Congo?
The lowest recorded value was 9,982 current US$ in 1987.
How does Congo rank for migrant remittance inflows?
Congo ranks 42nd out of 50 countries with data for 2007.
Is migrant remittance inflows rising or falling in Congo?
Over the last ten years it is up 223.8%. The long-run trend across the full record is volatile.
Where does this Congo data come from?
The figures come from World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, published as part of Migrant remittance inflows (current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 19 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Migrant remittance inflows (current US$)
Unit
current US$
Source
World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
56 places, 1,426 data points, 1970–2011
Last refreshed

Migrants’ remittances are defined as the sum of worker’s remittances,