Migrant remittance inflows in Somalia

Somalia: Migrant remittance inflows was 21.70 million current US$ in 1983. ◆ Volatile

Latest (1983)
21.70 million current US$
Change on year
up 9.1%
World rank
38th
of 50 countries
All-time high
57.25 million current US$
in 1980
All-time low
7.15 million current US$
in 1981
Years of data
5
1979–1983

Migrant remittance inflows in Somalia, 1979–1983

020.0M40.0M60.0M1979198119831979: 36.6M current US$1980: 57.3M current US$1981: 7.1M current US$1982: 19.9M current US$1983: 21.7M current US$

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

Analysis

In 1983, migrant remittance inflows in Somalia stood at 21.70 million current US$.

That represents a change of up 9.1% on the previous year and down 40.8% over five years.

That places Somalia 38th out of 50 countries with data for 1983, putting it in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
1970s 36.65 million current US$ 36.65 million current US$ 36.65 million current US$ 1
1980s 26.50 million current US$ 7.15 million current US$ 57.25 million current US$ 4

Countries ranked near Somalia

  1. 35 Zimbabwe 43.69 million current US$ compare
  2. 36 Djibouti 32.36 million current US$ compare
  3. 37 Seychelles 25.51 million current US$ compare
  4. 39 Malawi 17.41 million current US$ compare
  5. 40 Namibia 16.05 million current US$ compare
  6. 41 Libya 16.00 million current US$ compare

See the full ranking of 56 places →

More trade data for Somalia

All data for Somalia →

Frequently asked questions

What is migrant remittance inflows in Somalia?
Migrant remittance inflows in Somalia was 21.70 million current US$ in 1983, 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 Somalia?
The highest recorded value was 57.25 million current US$ in 1980.
What is the lowest migrant remittance inflows recorded in Somalia?
The lowest recorded value was 7.15 million current US$ in 1981.
How does Somalia rank for migrant remittance inflows?
Somalia ranks 38th out of 50 countries with data for 1983.
Where does this Somalia 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,