Migrant remittance outflows in Senegal

Senegal: Migrant remittance outflows was 216.45 million current US$ in 2011. ◆ Volatile

Latest (2011)
216.45 million current US$
Change on year
unchanged
World rank
7th
of 49 countries
All-time high
216.45 million current US$
in 2010
All-time low
24.02 million current US$
in 1977
Years of data
38
1974–2011

Migrant remittance outflows in Senegal, 1974–2011

050.0M100.0M150.0M200.0M1974199220111974: 27.8M current US$1975: 31.7M current US$1976: 27.0M current US$1977: 24.0M current US$1978: 42.5M current US$1979: 69.1M current US$1980: 90.9M current US$1981: 75.5M current US$1982: 69.1M current US$1983: 58.6M current US$1984: 51.8M current US$1985: 46.9M current US$1986: 57.9M current US$1987: 61.1M current US$1988: 67.2M current US$1989: 65.6M current US$1990: 79.4M current US$1991: 89.4M current US$1992: 96.0M current US$1993: 94.1M current US$1994: 59.9M current US$1995: 76.3M current US$1996: 67.9M current US$1997: 69.8M current US$1998: 66.5M current US$1999: 60.8M current US$2000: 54.9M current US$2001: 51.3M current US$2002: 39.3M current US$2003: 57.1M current US$2004: 76.8M current US$2005: 97.7M current US$2006: 96.4M current US$2007: 143.2M current US$2008: 144.1M current US$2009: 174.4M current US$2010: 216.5M current US$2011: 216.5M current US$

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

Analysis

Senegal recorded 216.45 million current US$ for migrant remittance outflows in 2011. That is the highest value across all 38 years on record.

The figure is up 322.2% over ten years.

Over the whole period, migrant remittance outflows in Senegal peaked at 216.45 million current US$ in 2010 and was at its lowest, 24.02 million current US$, in 1977.

Senegal ranks 7th of 49 countries on this measure, in the top quarter.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 37.02 million current US$ 24.02 million current US$ 69.10 million current US$ 6
1980s 64.47 million current US$ 46.90 million current US$ 90.87 million current US$ 10
1990s 76.02 million current US$ 59.85 million current US$ 96.00 million current US$ 10
2000s 93.53 million current US$ 39.33 million current US$ 174.43 million current US$ 10
2010s 216.45 million current US$ 216.45 million current US$ 216.45 million current US$ 2

Countries ranked near Senegal

  1. 4 Angola 564.26 million current US$ compare
  2. 5 Uganda 347.72 million current US$ compare
  3. 6 Egypt 292.90 million current US$ compare
  4. 8 Gabon 185.59 million current US$ compare
  5. 9 Mali 175.88 million current US$ compare
  6. 10 Tanzania 115.60 million current US$ compare

See the full ranking of 55 places →

More trade data for Senegal

All data for Senegal →

Frequently asked questions

What is migrant remittance outflows in Senegal?
Migrant remittance outflows in Senegal was 216.45 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 Senegal?
The highest recorded value was 216.45 million current US$ in 2010.
What is the lowest migrant remittance outflows recorded in Senegal?
The lowest recorded value was 24.02 million current US$ in 1977.
How does Senegal rank for migrant remittance outflows?
Senegal ranks 7th out of 49 countries with data for 2011.
Is migrant remittance outflows rising or falling in Senegal?
Over the last ten years it is up 322.2%. The long-run trend across the full record is volatile.
Where does this Senegal 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,