Migrant remittance outflows in Morocco

Morocco: Migrant remittance outflows was 71.20 million current US$ in 2011. ▼ Falling

Latest (2011)
71.20 million current US$
Change on year
up 14.6%
World rank
18th
of 49 countries
All-time high
81.81 million current US$
in 1979
All-time low
14.26 million current US$
in 1989
Years of data
37
1975–2011

Migrant remittance outflows in Morocco, 1975–2011

20.0M40.0M60.0M80.0M1975199320111975: 53.3M current US$1976: 57.7M current US$1977: 61.3M current US$1978: 75.4M current US$1979: 81.8M current US$1980: 77.5M current US$1981: 59.2M current US$1982: 46.3M current US$1983: 38.0M current US$1984: 30.8M current US$1985: 21.2M current US$1986: 18.8M current US$1987: 24.0M current US$1988: 20.8M current US$1989: 14.3M current US$1990: 16.0M current US$1991: 22.3M current US$1992: 28.9M current US$1993: 17.2M current US$1994: 16.7M current US$1995: 20.5M current US$1996: 18.9M current US$1997: 19.9M current US$1998: 32.0M current US$1999: 28.5M current US$2000: 29.2M current US$2001: 35.5M current US$2002: 36.4M current US$2003: 44.2M current US$2004: 41.6M current US$2005: 39.9M current US$2006: 40.8M current US$2007: 51.9M current US$2008: 57.6M current US$2009: 61.0M current US$2010: 62.1M current US$2011: 71.2M current US$

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

Analysis

Morocco recorded 71.20 million current US$ for migrant remittance outflows in 2011.

Compared with earlier readings it is up 14.6% on the previous year and up 100.5% over ten years.

Over the whole period, migrant remittance outflows in Morocco peaked at 81.81 million current US$ in 1979 and was at its lowest, 14.26 million current US$, in 1989.

Morocco ranks 18th of 49 countries on this measure, in the middle of the range.

The long-run direction has been consistently falling across the 37 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1970s 65.89 million current US$ 53.30 million current US$ 81.81 million current US$ 5
1980s 35.08 million current US$ 14.26 million current US$ 77.48 million current US$ 10
1990s 22.10 million current US$ 16.01 million current US$ 31.96 million current US$ 10
2000s 43.81 million current US$ 29.22 million current US$ 60.96 million current US$ 10
2010s 66.66 million current US$ 62.12 million current US$ 71.20 million current US$ 2

Countries ranked near Morocco

  1. 15 Rwanda 76.05 million current US$ compare
  2. 16 Nigeria 75.51 million current US$ compare
  3. 17 Algeria 71.40 million current US$ compare
  4. 19 Zambia 70.40 million current US$ compare
  5. 20 Togo 62.79 million current US$ compare
  6. 21 Cameroon 54.18 million current US$ compare

See the full ranking of 55 places →

More trade data for Morocco

All data for Morocco →

Frequently asked questions

What is migrant remittance outflows in Morocco?
Migrant remittance outflows in Morocco was 71.20 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 Morocco?
The highest recorded value was 81.81 million current US$ in 1979.
What is the lowest migrant remittance outflows recorded in Morocco?
The lowest recorded value was 14.26 million current US$ in 1989.
How does Morocco rank for migrant remittance outflows?
Morocco ranks 18th out of 49 countries with data for 2011.
Is migrant remittance outflows rising or falling in Morocco?
Over the last ten years it is up 100.5%. The long-run trend across the full record is falling.
Where does this Morocco 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,