Migrant remittance inflows in Morocco

Morocco: Migrant remittance inflows was 7.26 billion current US$ in 2011. ◆ Volatile

Latest (2011)
7.26 billion current US$
Change on year
up 13.0%
World rank
3rd
of 50 countries
All-time high
7.26 billion current US$
in 2011
All-time low
533.01 million current US$
in 1975
Years of data
37
1975–2011

Migrant remittance inflows in Morocco, 1975–2011

02.0B4.0B6.0B8.0B1975199320111975: 533.0M current US$1976: 547.1M current US$1977: 589.6M current US$1978: 763.2M current US$1979: 948.4M current US$1980: 1.1B current US$1981: 1.0B current US$1982: 849.6M current US$1983: 917.0M current US$1984: 873.7M current US$1985: 972.5M current US$1986: 1.4B current US$1987: 1.6B current US$1988: 1.3B current US$1989: 1.3B current US$1990: 2.0B current US$1991: 2.0B current US$1992: 2.2B current US$1993: 2.0B current US$1994: 1.8B current US$1995: 2.0B current US$1996: 2.2B current US$1997: 1.9B current US$1998: 2.0B current US$1999: 1.9B current US$2000: 2.2B current US$2001: 3.3B current US$2002: 2.9B current US$2003: 3.6B current US$2004: 4.2B current US$2005: 4.6B current US$2006: 5.5B current US$2007: 6.7B current US$2008: 6.9B current US$2009: 6.3B current US$2010: 6.4B current US$2011: 7.3B current US$

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 Morocco stood at 7.26 billion current US$. That is the highest value across all 37 years on record.

The figure is up 13.0% on the previous year and up 122.5% over ten years.

Over the whole period, migrant remittance inflows in Morocco peaked at 7.26 billion current US$ in 2011 and was at its lowest, 533.01 million current US$, in 1975.

That places Morocco 3rd out of 50 countries with data for 2011, putting it in the top 10%.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 676.27 million current US$ 533.01 million current US$ 948.42 million current US$ 5
1980s 1.13 billion current US$ 849.57 million current US$ 1.59 billion current US$ 10
1990s 1.99 billion current US$ 1.83 billion current US$ 2.17 billion current US$ 10
2000s 4.61 billion current US$ 2.16 billion current US$ 6.90 billion current US$ 10
2010s 6.84 billion current US$ 6.42 billion current US$ 7.26 billion current US$ 2

Countries ranked near Morocco

  1. 1 Nigeria 20.62 billion current US$ compare
  2. 2 Egypt 14.32 billion current US$ compare
  3. 4 Tunisia 2.00 billion current US$ compare
  4. 5 Algeria 1.94 billion current US$ compare
  5. 6 Senegal 1.48 billion current US$ compare

See the full ranking of 56 places →

More trade data for Morocco

All data for Morocco →

Frequently asked questions

What is migrant remittance inflows in Morocco?
Migrant remittance inflows in Morocco was 7.26 billion 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 Morocco?
The highest recorded value was 7.26 billion current US$ in 2011.
What is the lowest migrant remittance inflows recorded in Morocco?
The lowest recorded value was 533.01 million current US$ in 1975.
How does Morocco rank for migrant remittance inflows?
Morocco ranks 3rd out of 50 countries with data for 2011.
Is migrant remittance inflows rising or falling in Morocco?
Over the last ten years it is up 122.5%. The long-run trend across the full record is volatile.
Where does this Morocco 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,