Migrant remittance outflows in Angola

Angola: Migrant remittance outflows was 564.26 million current US$ in 2011. ◆ Volatile

Latest (2011)
564.26 million current US$
Change on year
down 21.0%
World rank
4th
of 49 countries
All-time high
715.96 million current US$
in 2009
All-time low
71.00 million current US$
in 1988
Years of data
27
1985–2011

Migrant remittance outflows in Angola, 1985–2011

0200.0M400.0M600.0M800.0M1985199820111985: 79.0M current US$1986: 89.0M current US$1987: 77.0M current US$1988: 71.0M current US$1989: 104.0M current US$1990: 150.0M current US$1991: 124.5M current US$1992: 121.6M current US$1993: 132.9M current US$1994: 148.9M current US$1995: 209.5M current US$1996: 173.8M current US$1997: 179.9M current US$1998: 201.7M current US$1999: 263.1M current US$2000: 266.3M current US$2001: 216.1M current US$2002: 223.5M current US$2003: 229.8M current US$2004: 296.0M current US$2005: 214.9M current US$2006: 412.7M current US$2007: 602.7M current US$2008: 669.5M current US$2009: 716.0M current US$2010: 714.5M current US$2011: 564.3M current US$

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 outflows in Angola stood at 564.26 million current US$.

That represents a change of down 21.0% on the previous year and up 161.2% over ten years.

Over the whole period, migrant remittance outflows in Angola peaked at 715.96 million current US$ in 2009 and was at its lowest, 71.00 million current US$, in 1988.

That places Angola 4th out of 49 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.

Averages by decade

DecadeAverage LowestHighest Years
1980s 84.00 million current US$ 71.00 million current US$ 104.00 million current US$ 5
1990s 170.60 million current US$ 121.64 million current US$ 263.07 million current US$ 10
2000s 384.74 million current US$ 214.91 million current US$ 715.96 million current US$ 10
2010s 639.36 million current US$ 564.26 million current US$ 714.46 million current US$ 2

Countries ranked near Angola

  1. 1 South Africa 1.44 billion current US$ compare
  2. 2 Cote d'Ivoire 725.59 million current US$ compare
  3. 3 Libya 650.00 million current US$ compare
  4. 5 Uganda 347.72 million current US$ compare
  5. 6 Egypt 292.90 million current US$ compare
  6. 7 Senegal 216.45 million current US$ compare

See the full ranking of 55 places →

More trade data for Angola

All data for Angola →

Frequently asked questions

What is migrant remittance outflows in Angola?
Migrant remittance outflows in Angola was 564.26 million 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 Angola?
The highest recorded value was 715.96 million current US$ in 2009.
What is the lowest migrant remittance outflows recorded in Angola?
The lowest recorded value was 71.00 million current US$ in 1988.
How does Angola rank for migrant remittance outflows?
Angola ranks 4th out of 49 countries with data for 2011.
Is migrant remittance outflows rising or falling in Angola?
Over the last ten years it is up 161.2%. The long-run trend across the full record is volatile.
Where does this Angola 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 — 27 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

About this data

Indicator
Migrant remittance outflows (current US$)
Unit
current US$
Source
World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
55 places, 1,636 data points, 1970–2011
Last refreshed

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