Migrant remittance inflows in Sub-Saharan Africa excluding South Africa
Sub-Saharan Africa excluding South Africa: Migrant remittance inflows was 30.10 billion current US$ in 2011. ◆ Volatile
Migrant remittance inflows in Sub-Saharan Africa excluding South Africa, 1995–2011
Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Measured in current US$.
Analysis
Sub-Saharan Africa excluding South Africa recorded 30.10 billion current US$ for migrant remittance inflows in 2011. That is the highest value across all 16 years on record.
That represents a change of up 6.8% on the previous year and up 646.9% over ten years.
Over the whole period, migrant remittance inflows in Sub-Saharan Africa excluding South Africa peaked at 30.10 billion current US$ in 2011 and was at its lowest, 2.77 billion current US$, in 1996.
The series is highly variable year to year, so single readings are best treated with caution.
Migrant remittance inflows in Sub-Saharan Africa excluding South Africa, year by year
| Year | current US$ | Change |
|---|---|---|
| 1995 | 2.78 billion current US$ | — |
| 1996 | 2.77 billion current US$ | -0.2% |
| 1997 | 4.27 billion current US$ | +53.8% |
| 1998 | 4.18 billion current US$ | -2.0% |
| 2000 | 3.94 billion current US$ | -5.6% |
| 2001 | 4.03 billion current US$ | +2.2% |
| 2002 | 4.59 billion current US$ | +13.9% |
| 2003 | 5.32 billion current US$ | +15.9% |
| 2004 | 7.52 billion current US$ | +41.5% |
| 2005 | 19.94 billion current US$ | +165.1% |
| 2006 | 23.06 billion current US$ | +15.6% |
| 2007 | 25.82 billion current US$ | +12.0% |
| 2008 | 29.10 billion current US$ | +12.7% |
| 2009 | 27.02 billion current US$ | -7.1% |
| 2010 | 28.18 billion current US$ | +4.3% |
| 2011 | 30.10 billion current US$ | +6.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.50 billion current US$ | 2.77 billion current US$ | 4.27 billion current US$ | 4 |
| 2000s | 15.03 billion current US$ | 3.94 billion current US$ | 29.10 billion current US$ | 10 |
| 2010s | 29.14 billion current US$ | 28.18 billion current US$ | 30.10 billion current US$ | 2 |
Countries ranked near Sub-Saharan Africa excluding South Africa
More trade data for Sub-Saharan Africa excluding South Africa
- Net long-term borrowing -317.19 million BoP, current US$ (2011)
- Pesticides imports 508.37 million FAO, current US$ (2011)
- Cereal imports quantity 27.69 million FAO, tonnes (2010)
- Total agricultural imports 30.85 billion FAO, current US$ (2010)
- Food imports excluding fish 25.82 billion FAO, current US$ (2010)
- Cereal imports 9.08 billion FAO, current US$ (2010)
- Total agricultural exports 23.40 billion FAO, current US$ (2010)
- Cereal exports quantity 1.75 million FAO, tonnes (2010)
- Cereal exports 498.27 million FAO, current US$ (2010)
- Merchandise exports, WB 325.28 billion current US$ (2011)
Frequently asked questions
- What is migrant remittance inflows in Sub-Saharan Africa excluding South Africa?
- Migrant remittance inflows in Sub-Saharan Africa excluding South Africa was 30.10 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 Sub-Saharan Africa excluding South Africa?
- The highest recorded value was 30.10 billion current US$ in 2011.
- What is the lowest migrant remittance inflows recorded in Sub-Saharan Africa excluding South Africa?
- The lowest recorded value was 2.77 billion current US$ in 1996.
- How does Sub-Saharan Africa excluding South Africa rank for migrant remittance inflows?
- Sub-Saharan Africa excluding South Africa ranks 4th out of 6 groups with data for 2011.
- Is migrant remittance inflows rising or falling in Sub-Saharan Africa excluding South Africa?
- Over the last ten years it is up 646.9%. The long-run trend across the full record is volatile.
- Where does this Sub-Saharan Africa excluding 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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About this data
Migrants’ remittances are defined as the sum of worker’s remittances,