Migrant remittance inflows (current US$) in South Africa

South Africa: Migrant remittance inflows (current US$) was 1.21 billion current US$ in 2011. ◆ Volatile

Latest (2011)
1.21 billion current US$
Change on year
up 8.3%
World rank
8th
of 50 countries
All-time high
1.21 billion current US$
in 2011
All-time low
15.38 million current US$
in 1971
Years of data
42
1970–2011

Migrant remittance inflows in South Africa, 1970–2011

0250.0M500.0M750.0M1.0B1.2B1970199020111970: 15.4M current US$1971: 15.4M current US$1972: 16.9M current US$1973: 15.9M current US$1974: 26.4M current US$1975: 35.6M current US$1976: 28.8M current US$1977: 28.8M current US$1978: 43.7M current US$1979: 51.1M current US$1980: 67.1M current US$1981: 86.9M current US$1982: 80.5M current US$1983: 73.6M current US$1984: 64.8M current US$1985: 38.7M current US$1986: 35.5M current US$1987: 45.2M current US$1988: 49.7M current US$1989: 88.5M current US$1990: 135.6M current US$1991: 129.1M current US$1992: 119.3M current US$1993: 101.7M current US$1994: 98.8M current US$1995: 105.3M current US$1996: 101.9M current US$1997: 205.9M current US$1998: 283.0M current US$1999: 327.3M current US$2000: 343.7M current US$2001: 297.4M current US$2002: 288.4M current US$2003: 434.4M current US$2004: 522.8M current US$2005: 658.0M current US$2006: 734.1M current US$2007: 833.6M current US$2008: 822.8M current US$2009: 902.3M current US$2010: 1.1B current US$2011: 1.2B current US$

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

Analysis

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.

Migrant remittance inflows (current US$) in South Africa, year by year

Annual values for Migrant remittance inflows (current US$) in South Africa, 1970 to 2011.
Year current US$ Change
1970 15.40 million current US$ —
1971 15.38 million current US$ -0.1%
1972 16.87 million current US$ +9.7%
1973 15.88 million current US$ -5.9%
1974 26.41 million current US$ +66.3%
1975 35.62 million current US$ +34.9%
1976 28.75 million current US$ -19.3%
1977 28.75 million current US$ +0.0%
1978 43.70 million current US$ +52.0%
1979 51.12 million current US$ +17.0%
1980 67.10 million current US$ +31.2%
1981 86.86 million current US$ +29.5%
1982 80.45 million current US$ -7.4%
1983 73.58 million current US$ -8.5%
1984 64.80 million current US$ -11.9%
1985 38.71 million current US$ -40.3%
1986 35.51 million current US$ -8.3%
1987 45.23 million current US$ +27.4%
1988 49.70 million current US$ +9.9%
1989 88.55 million current US$ +78.2%
1990 135.59 million current US$ +53.1%
1991 129.11 million current US$ -4.8%
1992 119.28 million current US$ -7.6%
1993 101.70 million current US$ -14.7%
1994 98.77 million current US$ -2.9%
1995 105.32 million current US$ +6.6%
1996 101.94 million current US$ -3.2%
1997 205.89 million current US$ +102.0%
1998 282.99 million current US$ +37.4%
1999 327.32 million current US$ +15.7%
2000 343.71 million current US$ +5.0%
2001 297.39 million current US$ -13.5%
2002 288.38 million current US$ -3.0%
2003 434.37 million current US$ +50.6%
2004 522.84 million current US$ +20.4%
2005 657.98 million current US$ +25.8%
2006 734.12 million current US$ +11.6%
2007 833.55 million current US$ +13.5%
2008 822.79 million current US$ -1.3%
2009 902.26 million current US$ +9.7%
2010 1.12 billion current US$ +24.1%
2011 1.21 billion current US$ +8.3%

South Africa compared with similar countries

  • South Africa's 1.21 billion current US$ is above the median for upper middle income countries, which is 177.85 million current US$, 6.8× the median. (7 countries reporting)
  • South Africa's 1.21 billion current US$ is above the median for Sub-Saharan Africa, which is 84.49 million current US$, 14.3× the median. (44 countries reporting)

Averages by decade

DecadeAverage LowestHighest 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

  1. 5 Algeria 1.94 billion current US$ compare
  2. 6 Senegal 1.48 billion current US$ compare
  3. 7 Sudan 1.42 billion current US$ compare
  4. 9 Uganda 948.64 million current US$ compare
  5. 10 Kenya 934.15 million current US$ compare
  6. 11 Lesotho 649.34 million current US$ compare

See the full ranking of 56 places →

More trade data for South Africa

All data for South Africa →

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.

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Migrant remittance inflows in South Africa. Statizoid, drawing on World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Retrieved 07 November 2026, from https://trade.statizoid.com/stat/migrant-remittance-inflows-current-us/south-africa/

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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,