Migrant remittance outflows in Ethiopia

Ethiopia: Migrant remittance outflows was 19.08 million current US$ in 2011. ◆ Volatile

Latest (2011)
19.08 million current US$
Change on year
down 71.2%
World rank
34th
of 49 countries
All-time high
66.31 million current US$
in 2010
All-time low
243,604 current US$
in 1995
Years of data
34
1977–2011

Migrant remittance outflows in Ethiopia, 1977–2011

020.0M40.0M60.0M1977199420111977: 2.4M current US$1978: 917.9k current US$1979: 676.3k current US$1980: 579.7k current US$1981: 676.3k current US$1982: 289.9k current US$1983: 483.1k current US$1984: 338.2k current US$1985: 821.3k current US$1986: 531.4k current US$1987: 869.6k current US$1988: 434.8k current US$1989: 869.6k current US$1991: 386.5k current US$1992: 736.3k current US$1993: 420.0k current US$1994: 349.2k current US$1995: 243.6k current US$1996: 1.1M current US$1997: 5.2M current US$1998: 4.3M current US$1999: 3.4M current US$2000: 12.6M current US$2001: 14.0M current US$2002: 16.6M current US$2003: 17.3M current US$2004: 9.2M current US$2005: 16.4M current US$2006: 14.1M current US$2007: 14.6M current US$2008: 21.3M current US$2009: 26.5M current US$2010: 66.3M current US$2011: 19.1M current US$

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 Ethiopia stood at 19.08 million current US$.

That represents a change of down 71.2% on the previous year and up 36.1% over ten years.

Over the whole period, migrant remittance outflows in Ethiopia peaked at 66.31 million current US$ in 2010 and was at its lowest, 243,604 current US$, in 1995.

Ethiopia ranks 34th 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 1.34 million current US$ 676,328 current US$ 2.42 million current US$ 3
1980s 589,372 current US$ 289,855 current US$ 869,565 current US$ 10
1990s 1.80 million current US$ 243,604 current US$ 5.24 million current US$ 9
2000s 16.26 million current US$ 9.22 million current US$ 26.55 million current US$ 10
2010s 42.70 million current US$ 19.08 million current US$ 66.31 million current US$ 2

Countries ranked near Ethiopia

  1. 31 Sierra Leone 20.61 million current US$ compare
  2. 32 Seychelles 20.49 million current US$ compare
  3. 33 Guinea-Bissau 19.65 million current US$ compare
  4. 35 Tunisia 19.04 million current US$ compare
  5. 36 Malawi 17.57 million current US$ compare
  6. 37 Chad 15.42 million current US$ compare

See the full ranking of 55 places →

More trade data for Ethiopia

All data for Ethiopia →

Frequently asked questions

What is migrant remittance outflows in Ethiopia?
Migrant remittance outflows in Ethiopia was 19.08 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 Ethiopia?
The highest recorded value was 66.31 million current US$ in 2010.
What is the lowest migrant remittance outflows recorded in Ethiopia?
The lowest recorded value was 243,604 current US$ in 1995.
How does Ethiopia rank for migrant remittance outflows?
Ethiopia ranks 34th out of 49 countries with data for 2011.
Is migrant remittance outflows rising or falling in Ethiopia?
Over the last ten years it is up 36.1%. The long-run trend across the full record is volatile.
Where does this Ethiopia 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,