Migrant remittance inflows in Rwanda

Rwanda: Migrant remittance inflows was 103.15 million current US$ in 2011. ◆ Volatile

Latest (2011)
103.15 million current US$
Change on year
unchanged
World rank
24th
of 50 countries
All-time high
103.15 million current US$
in 2010
All-time low
9,563 current US$
in 1998
Years of data
33
1976–2011

Migrant remittance inflows in Rwanda, 1976–2011

025.0M50.0M75.0M100.0M1976199320111976: 247.4k current US$1977: 1.2M current US$1978: 2.2M current US$1979: 4.8M current US$1980: 3.4M current US$1981: 3.9M current US$1982: 7.2M current US$1983: 3.4M current US$1984: 2.9M current US$1985: 2.9M current US$1986: 4.0M current US$1987: 4.5M current US$1988: 3.8M current US$1989: 4.0M current US$1990: 2.6M current US$1991: 3.5M current US$1992: 1.8M current US$1993: 3.9M current US$1995: 21.1M current US$1997: 5.2M current US$1998: 9.6k current US$2000: 6.6M current US$2001: 7.9M current US$2002: 7.2M current US$2003: 9.6M current US$2004: 9.8M current US$2005: 20.9M current US$2006: 21.2M current US$2007: 51.3M current US$2008: 67.8M current US$2009: 92.6M current US$2010: 103.1M current US$2011: 103.1M current US$

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 Rwanda stood at 103.15 million current US$. That is the highest value across all 33 years on record.

Compared with earlier readings it is up 1,214.0% over ten years.

Over the whole period, migrant remittance inflows in Rwanda peaked at 103.15 million current US$ in 2010 and was at its lowest, 9,563 current US$, in 1998.

That places Rwanda 24th out of 50 countries with data for 2011, putting it 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 2.10 million current US$ 247,391 current US$ 4.79 million current US$ 4
1980s 4.00 million current US$ 2.86 million current US$ 7.18 million current US$ 10
1990s 5.47 million current US$ 9,563 current US$ 21.13 million current US$ 7
2000s 29.48 million current US$ 6.63 million current US$ 92.62 million current US$ 10
2010s 103.15 million current US$ 103.15 million current US$ 103.15 million current US$ 2

Countries ranked near Rwanda

  1. 21 Ghana 151.60 million current US$ compare
  2. 22 Cameroon 114.86 million current US$ compare
  3. 23 Burkina Faso 110.59 million current US$ compare
  4. 25 Niger 101.72 million current US$ compare
  5. 26 Gambia 90.67 million current US$ compare
  6. 27 Guinea 78.31 million current US$ compare

See the full ranking of 56 places →

More trade data for Rwanda

All data for Rwanda →

Frequently asked questions

What is migrant remittance inflows in Rwanda?
Migrant remittance inflows in Rwanda was 103.15 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 Rwanda?
The highest recorded value was 103.15 million current US$ in 2010.
What is the lowest migrant remittance inflows recorded in Rwanda?
The lowest recorded value was 9,563 current US$ in 1998.
How does Rwanda rank for migrant remittance inflows?
Rwanda ranks 24th out of 50 countries with data for 2011.
Is migrant remittance inflows rising or falling in Rwanda?
Over the last ten years it is up 1,214.0%. The long-run trend across the full record is volatile.
Where does this Rwanda 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,