Migrant remittance inflows in South Africa
South Africa: Migrant remittance inflows was 1.21 billion current US$ in 2011. ◆ Volatile
Migrant remittance inflows in South Africa, 1970–2011
Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Measured in current US$.
Analysis
South Africa recorded 1.21 billion current US$ for migrant remittance inflows in 2011. That is the highest value across all 42 years on record.
The figure is up 8.3% on the previous year and up 307.5% over ten years.
Over the whole period, migrant remittance inflows in South Africa peaked at 1.21 billion current US$ in 2011 and was at its lowest, 15.38 million current US$, in 1971.
South Africa ranks 8th of 50 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 27.79 million current US$ | 15.38 million current US$ | 51.12 million current US$ | 10 |
| 1980s | 63.05 million current US$ | 35.51 million current US$ | 88.55 million current US$ | 10 |
| 1990s | 160.79 million current US$ | 98.77 million current US$ | 327.32 million current US$ | 10 |
| 2000s | 583.74 million current US$ | 288.38 million current US$ | 902.26 million current US$ | 10 |
| 2010s | 1.17 billion current US$ | 1.12 billion current US$ | 1.21 billion current US$ | 2 |
Countries ranked near South Africa
More trade data for South Africa
- Net long-term borrowing 54.46 million BoP, current US$ (2011)
- Pesticides imports 335.54 million FAO, current US$ (2011)
- Lead time to export, median case 3 days (2016)
- Food imports excluding fish 3.15 billion FAO, current US$ (2010)
- Total agricultural imports 4.94 billion FAO, current US$ (2010)
- Cereal imports 727.29 million FAO, current US$ (2010)
- Cereal imports quantity 2.11 million FAO, tonnes (2010)
- Total agricultural exports 6.12 billion FAO, current US$ (2010)
- Cereal exports 367.06 million FAO, current US$ (2010)
- Cereal exports quantity 1.38 million FAO, tonnes (2010)
Frequently asked questions
- What is migrant remittance inflows in South Africa?
- Migrant remittance inflows in South Africa was 1.21 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 South Africa?
- The highest recorded value was 1.21 billion current US$ in 2011.
- What is the lowest migrant remittance inflows recorded in South Africa?
- The lowest recorded value was 15.38 million current US$ in 1971.
- How does South Africa rank for migrant remittance inflows?
- South Africa ranks 8th out of 50 countries with data for 2011.
- Is migrant remittance inflows rising or falling in South Africa?
- Over the last ten years it is up 307.5%. The long-run trend across the full record is volatile.
- Where does this South Africa 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 — 42 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Migrants’ remittances are defined as the sum of worker’s remittances,