Migrant remittance outflows in Africa
Africa: Migrant remittance outflows was 5.71 billion current US$ in 2011. ▲ Rising
Latest (2011)
5.71 billion current US$
Change on year
down 14.1%
Rank
1st
of 6 groups
All-time high
6.64 billion current US$
in 2010
All-time low
236.60 million current US$
in 1970
Years of data
42
1970–2011
Migrant remittance outflows in Africa, 1970–2011
Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Measured in current US$.
Analysis
Africa recorded 5.71 billion current US$ for migrant remittance outflows in 2011.
The figure is down 14.1% on the previous year and up 87.6% over ten years.
Over the whole period, migrant remittance outflows in Africa peaked at 6.64 billion current US$ in 2010 and was at its lowest, 236.60 million current US$, in 1970.
The long-run direction has been consistently rising across the 42 years of available data.
Migrant remittance outflows in Africa, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 236.60 million current US$ | — |
| 1971 | 283.82 million current US$ | +20.0% |
| 1972 | 279.51 million current US$ | -1.5% |
| 1973 | 423.84 million current US$ | +51.6% |
| 1974 | 653.05 million current US$ | +54.1% |
| 1975 | 1.08 billion current US$ | +66.0% |
| 1976 | 1.17 billion current US$ | +8.3% |
| 1977 | 2.49 billion current US$ | +112.3% |
| 1978 | 3.08 billion current US$ | +23.4% |
| 1979 | 3.66 billion current US$ | +19.1% |
| 1980 | 4.66 billion current US$ | +27.2% |
| 1981 | 4.67 billion current US$ | +0.2% |
| 1982 | 4.39 billion current US$ | -5.9% |
| 1983 | 4.94 billion current US$ | +12.6% |
| 1984 | 3.78 billion current US$ | -23.5% |
| 1985 | 3.20 billion current US$ | -15.5% |
| 1986 | 3.15 billion current US$ | -1.6% |
| 1987 | 3.22 billion current US$ | +2.4% |
| 1988 | 3.19 billion current US$ | -1.1% |
| 1989 | 3.05 billion current US$ | -4.3% |
| 1990 | 3.41 billion current US$ | +11.8% |
| 1991 | 2.98 billion current US$ | -12.6% |
| 1992 | 3.17 billion current US$ | +6.6% |
| 1993 | 2.77 billion current US$ | -12.6% |
| 1994 | 2.53 billion current US$ | -8.8% |
| 1995 | 2.51 billion current US$ | -0.8% |
| 1996 | 2.36 billion current US$ | -6.2% |
| 1997 | 2.69 billion current US$ | +14.0% |
| 1998 | 2.53 billion current US$ | -5.9% |
| 1999 | 2.75 billion current US$ | +8.7% |
| 2000 | 3.04 billion current US$ | +10.7% |
| 2001 | 3.04 billion current US$ | +0.0% |
| 2002 | 3.29 billion current US$ | +8.2% |
| 2003 | 3.59 billion current US$ | +9.1% |
| 2004 | 4.04 billion current US$ | +12.6% |
| 2005 | 4.40 billion current US$ | +9.0% |
| 2006 | 4.70 billion current US$ | +6.7% |
| 2007 | 5.17 billion current US$ | +10.1% |
| 2008 | 5.60 billion current US$ | +8.4% |
| 2009 | 6.25 billion current US$ | +11.6% |
| 2010 | 6.64 billion current US$ | +6.3% |
| 2011 | 5.71 billion current US$ | -14.1% |
Biggest year-on-year movements
Years where Migrant remittance outflows in 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 |
|---|---|---|---|
| 1977 | +112.3% | 1.17 billion current US$ | 2.49 billion current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.34 billion current US$ | 236.60 million current US$ | 3.66 billion current US$ | 10 |
| 1980s | 3.82 billion current US$ | 3.05 billion current US$ | 4.94 billion current US$ | 10 |
| 1990s | 2.77 billion current US$ | 2.36 billion current US$ | 3.41 billion current US$ | 10 |
| 2000s | 4.31 billion current US$ | 3.04 billion current US$ | 6.25 billion current US$ | 10 |
| 2010s | 6.17 billion current US$ | 5.71 billion current US$ | 6.64 billion current US$ | 2 |
Countries ranked near Africa
- 1 South Africa 1.44 billion current US$ compare
- 2 Cote d'Ivoire 725.59 million current US$ compare
- 3 Libya 650.00 million current US$ compare
- 4 Angola 564.26 million current US$ compare
More trade data for Africa
- Milking, dairy machinery (trade) — Import Value 64,599 1000 USD (2007)
- Milking, dairy machinery (trade) — Export Value 2,418 1000 USD (2007)
- Ploughs (e.g. reversible and non-reversible ploughs) — Import Value 12,951 1000 USD (2007)
- Pedestrian controlled tractors (single axle tractors) — Import Value 20,251 1000 USD (2007)
- Net long-term borrowing 496.17 million BoP, current US$ (2011)
- Pesticides imports 992.27 million FAO, current US$ (2011)
- Manure spreaders and Fertiliser distributors — Import Value 8,033 1000 USD (2007)
- Food imports excluding fish 51.61 billion FAO, current US$ (2010)
- Total agricultural imports 62.76 billion FAO, current US$ (2010)
- Cereal imports 18.44 billion FAO, current US$ (2010)
Frequently asked questions
- What is migrant remittance outflows in Africa?
- Migrant remittance outflows in Africa was 5.71 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 outflows recorded in Africa?
- The highest recorded value was 6.64 billion current US$ in 2010.
- What is the lowest migrant remittance outflows recorded in Africa?
- The lowest recorded value was 236.60 million current US$ in 1970.
- How does Africa rank for migrant remittance outflows?
- Africa ranks 1st out of 6 groups with data for 2011.
- Is migrant remittance outflows rising or falling in Africa?
- Over the last ten years it is up 87.6%. The long-run trend across the full record is rising.
- Where does this 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 outflows (current US$). Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 42 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,