Migrant remittance inflows in Senegal

Senegal: Migrant remittance inflows was 1.48 billion current US$ in 2011. ◆ Volatile

Latest (2011)
1.48 billion current US$
Change on year
unchanged
World rank
6th
of 50 countries
All-time high
1.48 billion current US$
in 2010
All-time low
8.52 million current US$
in 1974
Years of data
38
1974–2011

Migrant remittance inflows in Senegal, 1974–2011

0500.0M1.0B1.5B1974199220111974: 8.5M current US$1975: 26.3M current US$1976: 46.0M current US$1977: 43.1M current US$1978: 55.6M current US$1979: 56.3M current US$1980: 77.1M current US$1981: 68.2M current US$1982: 66.3M current US$1983: 59.0M current US$1984: 53.8M current US$1985: 79.4M current US$1986: 109.0M current US$1987: 117.8M current US$1988: 117.5M current US$1989: 112.8M current US$1990: 142.1M current US$1991: 162.6M current US$1992: 175.7M current US$1993: 170.0M current US$1994: 113.8M current US$1995: 146.0M current US$1996: 150.5M current US$1997: 150.5M current US$1998: 147.4M current US$1999: 186.0M current US$2000: 233.5M current US$2001: 304.7M current US$2002: 344.5M current US$2003: 510.9M current US$2004: 632.9M current US$2005: 788.8M current US$2006: 925.2M current US$2007: 1.2B current US$2008: 1.5B current US$2009: 1.4B current US$2010: 1.5B current US$2011: 1.5B current US$

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

Analysis

Senegal recorded 1.48 billion current US$ for migrant remittance inflows in 2011. That is the highest value across all 38 years on record.

That represents a change of up 385.0% over ten years.

Over the whole period, migrant remittance inflows in Senegal peaked at 1.48 billion current US$ in 2010 and was at its lowest, 8.52 million current US$, in 1974.

That places Senegal 6th out of 50 countries with data for 2011, putting it in the top quarter.

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

Averages by decade

DecadeAverage LowestHighest Years
1970s 39.30 million current US$ 8.52 million current US$ 56.27 million current US$ 6
1980s 86.08 million current US$ 53.76 million current US$ 117.82 million current US$ 10
1990s 154.46 million current US$ 113.83 million current US$ 186.03 million current US$ 10
2000s 775.88 million current US$ 233.49 million current US$ 1.48 billion current US$ 10
2010s 1.48 billion current US$ 1.48 billion current US$ 1.48 billion current US$ 2

Countries ranked near Senegal

  1. 3 Morocco 7.26 billion current US$ compare
  2. 4 Tunisia 2.00 billion current US$ compare
  3. 5 Algeria 1.94 billion current US$ compare
  4. 7 Sudan 1.42 billion current US$ compare
  5. 8 South Africa 1.21 billion current US$ compare
  6. 9 Uganda 948.64 million current US$ compare

See the full ranking of 56 places →

More trade data for Senegal

All data for Senegal →

Frequently asked questions

What is migrant remittance inflows in Senegal?
Migrant remittance inflows in Senegal was 1.48 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 Senegal?
The highest recorded value was 1.48 billion current US$ in 2010.
What is the lowest migrant remittance inflows recorded in Senegal?
The lowest recorded value was 8.52 million current US$ in 1974.
How does Senegal rank for migrant remittance inflows?
Senegal ranks 6th out of 50 countries with data for 2011.
Is migrant remittance inflows rising or falling in Senegal?
Over the last ten years it is up 385.0%. The long-run trend across the full record is volatile.
Where does this Senegal 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,