Migrant remittance inflows in Sub-Saharan Africa
Sub-Saharan Africa: Migrant remittance inflows 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$, in 1988.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.64 billion current US$ | 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,