Migrant remittance outflows in Burkina Faso
Burkina Faso: Migrant remittance outflows was 99.31 million current US$ in 2011. ▲ Rising
Migrant remittance outflows in Burkina Faso, 1974–2011
Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Measured in current US$.
Analysis
In 2011, migrant remittance outflows in Burkina Faso stood at 99.31 million current US$.
That represents a change of up 125.5% over ten years.
Over the whole period, migrant remittance outflows in Burkina Faso peaked at 99.61 million current US$ in 2008 and was at its lowest, 13.68 million current US$, in 1974.
That places Burkina Faso 12th out of 49 countries with data for 2011, putting it in the top quarter.
The long-run direction has been consistently rising across the 33 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 31.54 million current US$ | 13.68 million current US$ | 40.52 million current US$ | 6 |
| 1980s | 46.96 million current US$ | 35.51 million current US$ | 58.36 million current US$ | 10 |
| 1990s | 66.87 million current US$ | 50.95 million current US$ | 80.86 million current US$ | 5 |
| 2000s | 75.70 million current US$ | 44.03 million current US$ | 99.61 million current US$ | 10 |
| 2010s | 99.31 million current US$ | 99.31 million current US$ | 99.31 million current US$ | 2 |
Countries ranked near Burkina Faso
More trade data for Burkina Faso
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 11.51 million FAO, current US$ (2010)
- Food imports excluding fish 229.33 million FAO, current US$ (2010)
- Total agricultural imports 306.86 million FAO, current US$ (2010)
- Cereal imports 101.97 million FAO, current US$ (2010)
- Cereal imports quantity 354,838 FAO, tonnes (2010)
- Total agricultural exports 364.01 million FAO, current US$ (2010)
- Cereal exports 9.59 million FAO, current US$ (2010)
- Cereal exports quantity 34,989 FAO, tonnes (2010)
- Merchandise exports, WB 2.21 billion current US$ (2011)
Frequently asked questions
- What is migrant remittance outflows in Burkina Faso?
- Migrant remittance outflows in Burkina Faso was 99.31 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 Burkina Faso?
- The highest recorded value was 99.61 million current US$ in 2008.
- What is the lowest migrant remittance outflows recorded in Burkina Faso?
- The lowest recorded value was 13.68 million current US$ in 1974.
- How does Burkina Faso rank for migrant remittance outflows?
- Burkina Faso ranks 12th out of 49 countries with data for 2011.
- Is migrant remittance outflows rising or falling in Burkina Faso?
- Over the last ten years it is up 125.5%. The long-run trend across the full record is rising.
- Where does this Burkina Faso 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.
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About this data
Migrants’ remittances are defined as the sum of worker’s remittances,