Migrant remittance outflows in Ghana
Ghana: Migrant remittance outflows was 6.40 million current US$ in 2001. ◆ Volatile
Migrant remittance outflows in Ghana, 1979–2001
Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Measured in current US$.
Analysis
The most recent figure for migrant remittance outflows in Ghana is 6.40 million current US$, measured in 2001.
The figure is up 5.1% on the previous year and up 39.1% over ten years.
Over the whole period, migrant remittance outflows in Ghana peaked at 15.68 million current US$ in 1979 and was at its lowest, 3.20 million current US$, in 1987.
Ghana ranks 45th of 49 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 15.68 million current US$ | 15.68 million current US$ | 15.68 million current US$ | 1 |
| 1980s | 7.64 million current US$ | 3.20 million current US$ | 13.90 million current US$ | 10 |
| 1990s | 4.79 million current US$ | 3.90 million current US$ | 5.90 million current US$ | 10 |
| 2000s | 6.24 million current US$ | 6.09 million current US$ | 6.40 million current US$ | 2 |
Countries ranked near Ghana
More trade data for Ghana
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 370.87 million FAO, current US$ (2011)
- Lead time to export, median case 1 days (2018)
- Food imports excluding fish 1.13 billion FAO, current US$ (2010)
- Total agricultural imports 1.21 billion FAO, current US$ (2010)
- Cereal imports 333.83 million FAO, current US$ (2010)
- Cereal imports quantity 685,409 FAO, tonnes (2010)
- Total agricultural exports 1.23 billion FAO, current US$ (2010)
- Cereal exports 11.86 million FAO, current US$ (2010)
- Cereal exports quantity 8,823 FAO, tonnes (2010)
Frequently asked questions
- What is migrant remittance outflows in Ghana?
- Migrant remittance outflows in Ghana was 6.40 million current US$ in 2001, 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 Ghana?
- The highest recorded value was 15.68 million current US$ in 1979.
- What is the lowest migrant remittance outflows recorded in Ghana?
- The lowest recorded value was 3.20 million current US$ in 1987.
- How does Ghana rank for migrant remittance outflows?
- Ghana ranks 45th out of 49 countries with data for 2001.
- Is migrant remittance outflows rising or falling in Ghana?
- Over the last ten years it is up 39.1%. The long-run trend across the full record is volatile.
- Where does this Ghana 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 — 23 observations, free to reuse under CC BY 4.0 (World Bank Open Data).
About this data
Migrants’ remittances are defined as the sum of worker’s remittances,