Migrant remittance inflows in Seychelles

Seychelles: Migrant remittance inflows was 25.51 million current US$ in 2011. ◆ Volatile

Latest (2011)
25.51 million current US$
Change on year
up 46.8%
World rank
37th
of 50 countries
All-time high
25.51 million current US$
in 2011
All-time low
114,021 current US$
in 1998
Years of data
23
1989–2011

Migrant remittance inflows in Seychelles, 1989–2011

010.0M20.0M30.0M1989200020111989: 4.3M current US$1990: 7.5M current US$1991: 7.3M current US$1992: 10.8M current US$1993: 289.5k current US$1994: 296.7k current US$1995: 504.0k current US$1996: 704.2k current US$1997: 218.8k current US$1998: 114.0k current US$1999: 187.2k current US$2000: 3.2M current US$2001: 1.8M current US$2002: 2.0M current US$2003: 4.9M current US$2004: 6.8M current US$2005: 12.1M current US$2006: 13.3M current US$2007: 4.8M current US$2008: 3.2M current US$2009: 16.1M current US$2010: 17.4M current US$2011: 25.5M current US$

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

Analysis

Seychelles recorded 25.51 million current US$ for migrant remittance inflows in 2011. That is the highest value across all 23 years on record.

The figure is up 46.8% on the previous year and up 1,324.6% over ten years.

Over the whole period, migrant remittance inflows in Seychelles peaked at 25.51 million current US$ in 2011 and was at its lowest, 114,021 current US$, in 1998.

Seychelles ranks 37th 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
1980s 4.26 million current US$ 4.26 million current US$ 4.26 million current US$ 1
1990s 2.79 million current US$ 114,021 current US$ 10.76 million current US$ 10
2000s 6.80 million current US$ 1.79 million current US$ 16.12 million current US$ 10
2010s 21.45 million current US$ 17.38 million current US$ 25.51 million current US$ 2

Countries ranked near Seychelles

  1. 34 Burundi 45.46 million current US$ compare
  2. 35 Zimbabwe 43.69 million current US$ compare
  3. 36 Djibouti 32.36 million current US$ compare
  4. 38 Somalia 21.70 million current US$ compare
  5. 39 Malawi 17.41 million current US$ compare
  6. 40 Namibia 16.05 million current US$ compare

See the full ranking of 56 places →

More trade data for Seychelles

All data for Seychelles →

Frequently asked questions

What is migrant remittance inflows in Seychelles?
Migrant remittance inflows in Seychelles was 25.51 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 Seychelles?
The highest recorded value was 25.51 million current US$ in 2011.
What is the lowest migrant remittance inflows recorded in Seychelles?
The lowest recorded value was 114,021 current US$ in 1998.
How does Seychelles rank for migrant remittance inflows?
Seychelles ranks 37th out of 50 countries with data for 2011.
Is migrant remittance inflows rising or falling in Seychelles?
Over the last ten years it is up 1,324.6%. The long-run trend across the full record is volatile.
Where does this Seychelles 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 — 23 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,