Migrant remittance inflows in Somalia
Somalia: Migrant remittance inflows was 3.0% in 1983. ◆ Volatile
Latest (1983)
3.0%
Change on year
up 15.1%
World rank
16th
of 50 countries
All-time high
9.5%
in 1980
All-time low
1.0%
in 1981
Years of data
5
1979–1983
Migrant remittance inflows in Somalia, 1979–1983
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 1983, migrant remittance inflows in Somalia stood at 3.0%.
The figure is up 15.1% on the previous year and down 52.4% over five years.
Somalia ranks 16th of 50 countries on this measure, in the middle of the range.
Migrant remittance inflows in Somalia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1979 | 6.2% | — |
| 1980 | 9.5% | +52.8% |
| 1981 | 1.0% | -89.2% |
| 1982 | 2.6% | +151.3% |
| 1983 | 3.0% | +15.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.2% | 6.2% | 6.2% | 1 |
| 1980s | 4.0% | 1.0% | 9.5% | 4 |
Countries ranked near Somalia
- 13 Mali 4.4% compare
- 14 Tunisia 4.3% compare
- 15 Djibouti 3.1%
- 17 Kenya 2.8% compare
- 18 Sao Tome and Principe 2.8%
- 19 Sierra Leone 2.6%
More trade data for Somalia
- Extensive Margin, Theil index 1.43 (2014)
- Export Diversification, Theil index 4.77 (2014)
- Intensive Margin, Theil index 3.35 (2014)
- Imports of goods and services, US dollar (Balance of Payments and) 14.55 billion (2030)
- Exports of goods and services, US dollar (Balance of Payments and) 4.18 billion (2030)
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 1.35 million FAO, current US$ (2010)
- Food imports excluding fish 313.48 million FAO, current US$ (2010)
- Total agricultural imports 376.15 million FAO, current US$ (2010)
- Cereal imports 122.56 million FAO, current US$ (2010)
Frequently asked questions
- What is migrant remittance inflows in Somalia?
- Migrant remittance inflows in Somalia was 3.0% in 1983, 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 Somalia?
- The highest recorded value was 9.5% in 1980.
- What is the lowest migrant remittance inflows recorded in Somalia?
- The lowest recorded value was 1.0% in 1981.
- How does Somalia rank for migrant remittance inflows?
- Somalia ranks 16th out of 50 countries with data for 1983.
- Where does this Somalia 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.
Download this data
CSV · JSON — 5 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,