Migrant remittance outflows in Cameroon

Cameroon: Migrant remittance outflows was 54.18 million current US$ in 2011. ◆ Volatile

Latest (2011)
54.18 million current US$
Change on year
unchanged
World rank
21st
of 49 countries
All-time high
160.55 million current US$
in 1988
All-time low
10.91 million current US$
in 1977
Years of data
35
1977–2011

Migrant remittance outflows in Cameroon, 1977–2011

050.0M100.0M150.0M1977199420111977: 10.9M current US$1978: 20.1M current US$1979: 37.1M current US$1980: 101.8M current US$1981: 101.5M current US$1982: 98.1M current US$1983: 117.9M current US$1984: 106.6M current US$1985: 139.0M current US$1986: 135.3M current US$1987: 136.7M current US$1988: 160.6M current US$1989: 114.1M current US$1990: 110.9M current US$1991: 95.4M current US$1992: 135.1M current US$1993: 106.5M current US$1994: 62.2M current US$1995: 22.3M current US$1996: 37.1M current US$1997: 39.8M current US$1998: 33.5M current US$1999: 28.1M current US$2000: 30.0M current US$2001: 41.7M current US$2002: 55.6M current US$2003: 56.7M current US$2004: 42.2M current US$2005: 56.3M current US$2006: 91.7M current US$2007: 89.6M current US$2008: 61.6M current US$2009: 137.5M current US$2010: 54.2M current US$2011: 54.2M current US$

Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Measured in current US$.

Analysis

Cameroon recorded 54.18 million current US$ for migrant remittance outflows in 2011.

That represents a change of up 29.8% over ten years.

Over the whole period, migrant remittance outflows in Cameroon peaked at 160.55 million current US$ in 1988 and was at its lowest, 10.91 million current US$, in 1977.

Cameroon ranks 21st of 49 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 22.71 million current US$ 10.91 million current US$ 37.09 million current US$ 3
1980s 121.13 million current US$ 98.05 million current US$ 160.55 million current US$ 10
1990s 67.09 million current US$ 22.34 million current US$ 135.06 million current US$ 10
2000s 66.29 million current US$ 29.98 million current US$ 137.48 million current US$ 10
2010s 54.18 million current US$ 54.18 million current US$ 54.18 million current US$ 2

Countries ranked near Cameroon

  1. 18 Morocco 71.20 million current US$ compare
  2. 19 Zambia 70.40 million current US$ compare
  3. 20 Togo 62.79 million current US$ compare
  4. 22 Namibia 45.90 million current US$ compare
  5. 23 Mozambique 45.03 million current US$ compare
  6. 24 Guinea 42.98 million current US$ compare

See the full ranking of 55 places →

More trade data for Cameroon

All data for Cameroon →

Frequently asked questions

What is migrant remittance outflows in Cameroon?
Migrant remittance outflows in Cameroon was 54.18 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 Cameroon?
The highest recorded value was 160.55 million current US$ in 1988.
What is the lowest migrant remittance outflows recorded in Cameroon?
The lowest recorded value was 10.91 million current US$ in 1977.
How does Cameroon rank for migrant remittance outflows?
Cameroon ranks 21st out of 49 countries with data for 2011.
Is migrant remittance outflows rising or falling in Cameroon?
Over the last ten years it is up 29.8%. The long-run trend across the full record is volatile.
Where does this Cameroon 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

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,