Migrant remittance outflows in Rwanda

Rwanda: Migrant remittance outflows was 76.05 million current US$ in 2011. ◆ Volatile

Latest (2011)
76.05 million current US$
Change on year
unchanged
World rank
15th
of 49 countries
All-time high
76.05 million current US$
in 2010
All-time low
1.11 million current US$
in 1995
Years of data
35
1976–2011

Migrant remittance outflows in Rwanda, 1976–2011

020.0M40.0M60.0M80.0M1976199320111976: 9.7M current US$1977: 13.5M current US$1978: 13.8M current US$1979: 16.2M current US$1980: 21.8M current US$1981: 21.2M current US$1982: 18.9M current US$1983: 17.6M current US$1984: 16.6M current US$1985: 16.5M current US$1986: 23.6M current US$1987: 25.0M current US$1988: 28.3M current US$1989: 23.3M current US$1990: 21.4M current US$1991: 18.0M current US$1992: 1.7M current US$1993: 12.7M current US$1995: 1.1M current US$1996: 5.6M current US$1997: 28.1M current US$1998: 2.8M current US$1999: 4.0M current US$2000: 28.0M current US$2001: 32.7M current US$2002: 32.1M current US$2003: 29.7M current US$2004: 30.6M current US$2005: 34.5M current US$2006: 46.9M current US$2007: 68.1M current US$2008: 70.2M current US$2009: 71.4M current US$2010: 76.1M current US$2011: 76.1M current US$

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 Rwanda stood at 76.05 million current US$. That is the highest value across all 35 years on record.

Compared with earlier readings it is up 132.5% over ten years.

Over the whole period, migrant remittance outflows in Rwanda peaked at 76.05 million current US$ in 2010 and was at its lowest, 1.11 million current US$, in 1995.

Rwanda ranks 15th 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 13.29 million current US$ 9.68 million current US$ 16.21 million current US$ 4
1980s 21.28 million current US$ 16.47 million current US$ 28.28 million current US$ 10
1990s 10.61 million current US$ 1.11 million current US$ 28.15 million current US$ 9
2000s 44.43 million current US$ 28.02 million current US$ 71.44 million current US$ 10
2010s 76.05 million current US$ 76.05 million current US$ 76.05 million current US$ 2

Countries ranked near Rwanda

  1. 12 Burkina Faso 99.31 million current US$ compare
  2. 13 Botswana 96.44 million current US$ compare
  3. 14 Benin 78.12 million current US$ compare
  4. 16 Nigeria 75.51 million current US$ compare
  5. 17 Algeria 71.40 million current US$ compare
  6. 18 Morocco 71.20 million current US$ compare

See the full ranking of 55 places →

More trade data for Rwanda

All data for Rwanda →

Frequently asked questions

What is migrant remittance outflows in Rwanda?
Migrant remittance outflows in Rwanda was 76.05 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 Rwanda?
The highest recorded value was 76.05 million current US$ in 2010.
What is the lowest migrant remittance outflows recorded in Rwanda?
The lowest recorded value was 1.11 million current US$ in 1995.
How does Rwanda rank for migrant remittance outflows?
Rwanda ranks 15th out of 49 countries with data for 2011.
Is migrant remittance outflows rising or falling in Rwanda?
Over the last ten years it is up 132.5%. The long-run trend across the full record is volatile.
Where does this Rwanda 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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CSV · JSON — 35 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,