Migrant remittance inflows in Ghana

Ghana: Migrant remittance inflows was 151.60 million current US$ in 2011. ◆ Volatile

Latest (2011)
151.60 million current US$
Change on year
up 11.6%
World rank
21st
of 50 countries
All-time high
151.60 million current US$
in 2011
All-time low
500,000 current US$
in 1983
Years of data
33
1979–2011

Migrant remittance inflows in Ghana, 1979–2011

050.0M100.0M150.0M1979199520111979: 1.3M current US$1980: 900.0k current US$1981: 1.4M current US$1982: 1.5M current US$1983: 500.0k current US$1984: 4.7M current US$1985: 4.2M current US$1986: 600.0k current US$1987: 700.0k current US$1988: 6.0M current US$1989: 6.0M current US$1990: 6.0M current US$1991: 6.2M current US$1992: 7.3M current US$1993: 10.1M current US$1994: 15.7M current US$1995: 17.2M current US$1996: 27.5M current US$1997: 26.0M current US$1998: 29.5M current US$1999: 30.7M current US$2000: 32.4M current US$2001: 45.9M current US$2002: 43.5M current US$2003: 65.1M current US$2004: 82.4M current US$2005: 99.2M current US$2006: 105.3M current US$2007: 117.4M current US$2008: 126.1M current US$2009: 114.5M current US$2010: 135.9M current US$2011: 151.6M current US$

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

Analysis

In 2011, migrant remittance inflows in Ghana stood at 151.60 million current US$. That is the highest value across all 33 years on record.

That represents a change of up 11.6% on the previous year and up 230.2% over ten years.

Over the whole period, migrant remittance inflows in Ghana peaked at 151.60 million current US$ in 2011 and was at its lowest, 500,000 current US$, in 1983.

Ghana ranks 21st of 50 countries on this measure, in the middle of the range.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.27 million current US$ 1.27 million current US$ 1.27 million current US$ 1
1980s 2.65 million current US$ 500,000 current US$ 6.00 million current US$ 10
1990s 17.62 million current US$ 6.00 million current US$ 30.70 million current US$ 10
2000s 83.17 million current US$ 32.40 million current US$ 126.11 million current US$ 10
2010s 143.73 million current US$ 135.85 million current US$ 151.60 million current US$ 2

Countries ranked near Ghana

  1. 18 Benin 184.60 million current US$ compare
  2. 19 Cape Verde 177.85 million current US$ compare
  3. 20 Mozambique 156.83 million current US$ compare
  4. 22 Cameroon 114.86 million current US$ compare
  5. 23 Burkina Faso 110.59 million current US$ compare
  6. 24 Rwanda 103.15 million current US$ compare

See the full ranking of 56 places →

More trade data for Ghana

All data for Ghana →

Frequently asked questions

What is migrant remittance inflows in Ghana?
Migrant remittance inflows in Ghana was 151.60 million current US$ in 2011, 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 Ghana?
The highest recorded value was 151.60 million current US$ in 2011.
What is the lowest migrant remittance inflows recorded in Ghana?
The lowest recorded value was 500,000 current US$ in 1983.
How does Ghana rank for migrant remittance inflows?
Ghana ranks 21st out of 50 countries with data for 2011.
Is migrant remittance inflows rising or falling in Ghana?
Over the last ten years it is up 230.2%. The long-run trend across the full record is volatile.
Where does this Ghana 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.

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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,