Migrant remittance inflows (current US$) in Sub-Saharan Africa
Sub-Saharan Africa: Migrant remittance inflows (current US$) was 31.31 billion current US$ in 2011. ◆ Volatile
Migrant remittance inflows in Sub-Saharan Africa, 1988–2011
Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Measured in current US$.
Analysis
In 2011, migrant remittance inflows in Sub-Saharan Africa stood at 31.31 billion current US$. That is the highest value across all 19 years on record.
That represents a change of up 6.8% on the previous year and up 623.6% over ten years.
Over the whole period, migrant remittance inflows in Sub-Saharan Africa peaked at 31.31 billion current US$ in 2011 and was at its lowest, 1.53 billion current US$, in 1988.
The series is highly variable year to year, so single readings are best treated with caution.
Migrant remittance inflows (current US$) in Sub-Saharan Africa, year by year
| Year | current US$ | Change |
|---|---|---|
| 1988 | 1.53 billion current US$ | — |
| 1989 | 1.76 billion current US$ | +14.4% |
| 1995 | 2.88 billion current US$ | +64.2% |
| 1996 | 2.87 billion current US$ | -0.3% |
| 1997 | 4.47 billion current US$ | +55.6% |
| 1998 | 4.46 billion current US$ | -0.2% |
| 1999 | 4.49 billion current US$ | +0.7% |
| 2000 | 4.29 billion current US$ | -4.5% |
| 2001 | 4.33 billion current US$ | +0.9% |
| 2002 | 4.88 billion current US$ | +12.7% |
| 2003 | 5.75 billion current US$ | +17.9% |
| 2004 | 8.05 billion current US$ | +39.9% |
| 2005 | 20.60 billion current US$ | +156.1% |
| 2006 | 23.79 billion current US$ | +15.5% |
| 2007 | 26.65 billion current US$ | +12.0% |
| 2008 | 29.92 billion current US$ | +12.3% |
| 2009 | 27.93 billion current US$ | -6.7% |
| 2010 | 29.30 billion current US$ | +4.9% |
| 2011 | 31.31 billion current US$ | +6.8% |
Biggest year-on-year movements
Years where Migrant remittance inflows (current US$) in Sub-Saharan Africa changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2005 | +156.1% | 8.05 billion current US$ | 20.60 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.64 billion current US$ | 1.53 billion current US$ | 1.76 billion current US$ | 2 |
| 1990s | 3.84 billion current US$ | 2.87 billion current US$ | 4.49 billion current US$ | 5 |
| 2000s | 15.62 billion current US$ | 4.29 billion current US$ | 29.92 billion current US$ | 10 |
| 2010s | 30.31 billion current US$ | 29.30 billion current US$ | 31.31 billion current US$ | 2 |
Countries ranked near Sub-Saharan Africa
More trade data for Sub-Saharan Africa
- Net long-term borrowing -262.73 million BoP, current US$ (2011)
- Pesticides imports 843.91 million FAO, current US$ (2011)
- Lead time to export, median case 9.32 days (2018)
- Food imports excluding fish 28.97 billion FAO, current US$ (2010)
- Total agricultural imports 35.79 billion FAO, current US$ (2010)
- Cereal imports 9.81 billion FAO, current US$ (2010)
- Cereal imports quantity 29.80 million FAO, tonnes (2010)
- Total agricultural exports 29.52 billion FAO, current US$ (2010)
- Cereal exports 865.33 million FAO, current US$ (2010)
- Cereal exports quantity 3.12 million FAO, tonnes (2010)
Frequently asked questions
- What is migrant remittance inflows in Sub-Saharan Africa?
- Migrant remittance inflows in Sub-Saharan Africa was 31.31 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?
- The highest recorded value was 31.31 billion current US$ in 2011.
- What is the lowest migrant remittance inflows recorded in Sub-Saharan Africa?
- The lowest recorded value was 1.53 billion current US$ in 1988.
- How does Sub-Saharan Africa rank for migrant remittance inflows?
- Sub-Saharan Africa ranks 2nd out of 6 groups with data for 2011.
- Is migrant remittance inflows rising or falling in Sub-Saharan Africa?
- Over the last ten years it is up 623.6%. The long-run trend across the full record is volatile.
- Where does this Sub-Saharan 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 — 19 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,