Migrant remittance inflows in Senegal

Senegal: Migrant remittance inflows was 10.3% in 2011. ◆ Volatile

Latest (2011)
10.3%
Change on year
down 10.0%
World rank
3rd
of 50 countries
All-time high
11.5%
in 2010
All-time low
0.5%
in 1974
Years of data
38
1974–2011

Migrant remittance inflows in Senegal, 1974–2011

02.557.51012.51974199220111974: 0.514 % of GDP1975: 1.2 % of GDP1976: 2 % of GDP1977: 1.9 % of GDP1978: 2.1 % of GDP1979: 1.7 % of GDP1980: 2.2 % of GDP1981: 2.1 % of GDP1982: 2.1 % of GDP1983: 2.1 % of GDP1984: 2 % of GDP1985: 2.7 % of GDP1986: 2.6 % of GDP1987: 2.3 % of GDP1988: 2.4 % of GDP1989: 2.3 % of GDP1990: 2.5 % of GDP1991: 2.9 % of GDP1992: 2.9 % of GDP1993: 3 % of GDP1994: 2.9 % of GDP1995: 3 % of GDP1996: 3 % of GDP1997: 3.2 % of GDP1998: 2.9 % of GDP1999: 3.6 % of GDP2000: 5 % of GDP2001: 6.2 % of GDP2002: 6.5 % of GDP2003: 7.5 % of GDP2004: 7.9 % of GDP2005: 9.1 % of GDP2006: 9.9 % of GDP2007: 10.5 % of GDP2008: 11 % of GDP2009: 10.6 % of GDP2010: 11.5 % of GDP2011: 10.3 % of GDP

Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, and World Bank and OECD GDP estimates. Measured in % of GDP.

Analysis

In 2011, migrant remittance inflows in Senegal stood at 10.3%.

The figure is down 10.0% on the previous year and up 65.5% over ten years.

Over the whole period, migrant remittance inflows in Senegal peaked at 11.5% in 2010 and was at its lowest, 0.5%, in 1974.

That places Senegal 3rd out of 50 countries with data for 2011, putting it in the top 10%.

The series is highly variable year to year, so single readings are best treated with caution.

Migrant remittance inflows in Senegal, year by year

Annual values for Migrant remittance inflows (% of GDP) in Senegal, 1974 to 2011.
Year % of GDP Change
1974 0.5%
1975 1.2% +129.2%
1976 2.0% +72.4%
1977 1.9% -8.5%
1978 2.1% +15.7%
1979 1.7% -18.7%
1980 2.2% +26.1%
1981 2.1% -2.4%
1982 2.1% -0.7%
1983 2.1% -0.3%
1984 2.0% -6.5%
1985 2.7% +34.9%
1986 2.6% -3.0%
1987 2.3% -10.1%
1988 2.4% +0.9%
1989 2.3% -2.7%
1990 2.5% +8.3%
1991 2.9% +16.5%
1992 2.9% +1.1%
1993 3.0% +2.3%
1994 2.9% -1.9%
1995 3.0% +1.9%
1996 3.0% -0.8%
1997 3.2% +8.4%
1998 2.9% -9.0%
1999 3.6% +23.4%
2000 5.0% +38.0%
2001 6.2% +25.2%
2002 6.5% +3.4%
2003 7.5% +15.4%
2004 7.9% +5.8%
2005 9.1% +15.0%
2006 9.9% +8.9%
2007 10.5% +6.6%
2008 11.0% +4.7%
2009 10.6% -4.1%
2010 11.5% +8.7%
2011 10.3% -10.0%

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.6% 0.5% 2.1% 6
1980s 2.3% 2.0% 2.7% 10
1990s 3.0% 2.5% 3.6% 10
2000s 8.4% 5.0% 11.0% 10
2010s 10.9% 10.3% 11.5% 2

Countries ranked near Senegal

  1. 1 Lesotho 26.8% compare
  2. 2 Liberia 23.3% compare
  3. 4 Gambia 10.1% compare
  4. 5 Cape Verde 9.4% compare
  5. 6 Togo 9.3% compare

See the full ranking of 56 places →

More trade data for Senegal

All data for Senegal →

Frequently asked questions

What is migrant remittance inflows in Senegal?
Migrant remittance inflows in Senegal was 10.3% in 2011, according to World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, and World Bank and OECD GDP estimates.
What is the highest migrant remittance inflows recorded in Senegal?
The highest recorded value was 11.5% in 2010.
What is the lowest migrant remittance inflows recorded in Senegal?
The lowest recorded value was 0.5% in 1974.
How does Senegal rank for migrant remittance inflows?
Senegal ranks 3rd out of 50 countries with data for 2011.
Is migrant remittance inflows rising or falling in Senegal?
Over the last ten years it is up 65.5%. The long-run trend across the full record is volatile.
Where does this Senegal data come from?
The figures come from World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, and World Bank and OECD GDP estimates, published as part of Migrant remittance inflows (% of GDP). Statizoid updates them automatically from the source API.

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Migrant remittance inflows in Senegal. Statizoid, drawing on World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, and World Bank and OECD GDP estimates. Retrieved 24 August 2026, from https://trade.statizoid.com/stat/migrant-remittance-inflows-percent-of-gdp/senegal/

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About this data

Indicator
Migrant remittance inflows (% of GDP)
Unit
% of GDP
Source
World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008, and World Bank and OECD GDP estimates
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
56 places, 1,400 data points, 1970–2011
Last refreshed

Migrants’ remittances are defined as the sum of worker’s remittances,