Migrant remittance outflows in Gambia

Gambia: Migrant remittance outflows was 33.26 million current US$ in 2011. ◆ Volatile

Latest (2011)
33.26 million current US$
Change on year
down 42.8%
World rank
25th
of 49 countries
All-time high
58.12 million current US$
in 2010
All-time low
522,143 current US$
in 2004
Years of data
13
1978–2011

Migrant remittance outflows in Gambia, 1978–2011

020.0M40.0M60.0M1978199420111978: 2.5M current US$1979: 2.6M current US$1982: 1.7M current US$1983: 1.3M current US$2003: 526.1k current US$2004: 522.1k current US$2005: 742.9k current US$2006: 946.7k current US$2007: 14.6M current US$2008: 3.2M current US$2009: 8.4M current US$2010: 58.1M current US$2011: 33.3M current US$

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

Analysis

The most recent figure for migrant remittance outflows in Gambia is 33.26 million current US$, measured in 2011.

Compared with earlier readings it is down 42.8% on the previous year and up 6,222.9% over ten years.

Over the whole period, migrant remittance outflows in Gambia peaked at 58.12 million current US$ in 2010 and was at its lowest, 522,143 current US$, in 2004.

That places Gambia 25th out of 49 countries with data for 2011, putting it 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 2.58 million current US$ 2.54 million current US$ 2.63 million current US$ 2
1980s 1.51 million current US$ 1.29 million current US$ 1.72 million current US$ 2
2000s 4.14 million current US$ 522,143 current US$ 14.64 million current US$ 7
2010s 45.69 million current US$ 33.26 million current US$ 58.12 million current US$ 2

Countries ranked near Gambia

  1. 22 Namibia 45.90 million current US$ compare
  2. 23 Mozambique 45.03 million current US$ compare
  3. 24 Guinea 42.98 million current US$ compare
  4. 26 Lesotho 30.76 million current US$ compare
  5. 27 Central African Republic 27.38 million current US$ compare
  6. 28 Kenya 25.86 million current US$ compare

See the full ranking of 55 places →

More trade data for Gambia

All data for Gambia →

Frequently asked questions

What is migrant remittance outflows in Gambia?
Migrant remittance outflows in Gambia was 33.26 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 Gambia?
The highest recorded value was 58.12 million current US$ in 2010.
What is the lowest migrant remittance outflows recorded in Gambia?
The lowest recorded value was 522,143 current US$ in 2004.
How does Gambia rank for migrant remittance outflows?
Gambia ranks 25th out of 49 countries with data for 2011.
Is migrant remittance outflows rising or falling in Gambia?
Over the last ten years it is up 6,222.9%. The long-run trend across the full record is volatile.
Where does this Gambia 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 — 13 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,