Migrant remittance inflows in Sub-Saharan Africa (excluding high income)
Sub-Saharan Africa (excluding high income): Migrant remittance inflows was 2.5% in 2011. ◆ Volatile
Migrant remittance inflows in Sub-Saharan Africa (excluding high income), 1988–2011
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
Sub-Saharan Africa (excluding high income) recorded 2.5% for migrant remittance inflows in 2011.
That represents a change of down 4.7% on the previous year and up 87.0% over ten years.
Over the whole period, migrant remittance inflows in Sub-Saharan Africa (excluding high income) peaked at 3.2% in 2005 and was at its lowest, 0.5%, in 1988.
The series is highly variable year to year, so single readings are best treated with caution.
Migrant remittance inflows in Sub-Saharan Africa (excluding high income), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1988 | 0.5% | — |
| 1989 | 0.6% | +10.2% |
| 1995 | 0.9% | +50.9% |
| 1996 | 0.8% | -3.9% |
| 1997 | 1.3% | +51.7% |
| 1998 | 1.4% | +6.6% |
| 1999 | 1.4% | +0.4% |
| 2000 | 1.3% | -7.0% |
| 2001 | 1.3% | +3.5% |
| 2002 | 1.4% | +7.5% |
| 2003 | 1.3% | -8.8% |
| 2004 | 1.5% | +12.3% |
| 2005 | 3.2% | +119.2% |
| 2006 | 3.2% | -0.7% |
| 2007 | 3.1% | -3.3% |
| 2008 | 3.0% | -0.5% |
| 2009 | 3.0% | -1.2% |
| 2010 | 2.6% | -13.9% |
| 2011 | 2.5% | -4.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0.6% | 0.5% | 0.6% | 2 |
| 1990s | 1.1% | 0.8% | 1.4% | 5 |
| 2000s | 2.2% | 1.3% | 3.2% | 10 |
| 2010s | 2.5% | 2.5% | 2.6% | 2 |
Countries ranked near Sub-Saharan Africa (excluding high income)
More trade data for Sub-Saharan Africa (excluding high income)
- 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 28.91 billion FAO, current US$ (2010)
- Total agricultural imports 35.65 billion FAO, current US$ (2010)
- Cereal imports 9.80 billion FAO, current US$ (2010)
- Cereal imports quantity 29.77 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 (excluding high income)?
- Migrant remittance inflows in Sub-Saharan Africa (excluding high income) was 2.5% 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 Sub-Saharan Africa (excluding high income)?
- The highest recorded value was 3.2% in 2005.
- What is the lowest migrant remittance inflows recorded in Sub-Saharan Africa (excluding high income)?
- The lowest recorded value was 0.5% in 1988.
- How does Sub-Saharan Africa (excluding high income) rank for migrant remittance inflows?
- Sub-Saharan Africa (excluding high income) ranks 4th out of 6 groups with data for 2011.
- Is migrant remittance inflows rising or falling in Sub-Saharan Africa (excluding high income)?
- Over the last ten years it is up 87.0%. The long-run trend across the full record is volatile.
- Where does this Sub-Saharan Africa (excluding high income) 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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About this data
Migrants’ remittances are defined as the sum of worker’s remittances,