Migrant remittance outflows in Sierra Leone
Sierra Leone: Migrant remittance outflows was 20.61 million current US$ in 2011. ◆ Volatile
Migrant remittance outflows in Sierra Leone, 1980–2011
Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Measured in current US$.
Analysis
In 2011, migrant remittance outflows in Sierra Leone stood at 20.61 million current US$. That is the highest value across all 30 years on record.
That represents a change of up 95.0% on the previous year and up 4,465.7% over ten years.
Over the whole period, migrant remittance outflows in Sierra Leone peaked at 20.61 million current US$ in 2011 and was at its lowest, 1,407 current US$, in 1998.
That places Sierra Leone 31st out of 49 countries with data for 2011, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 621,173 current US$ | 111,856 current US$ | 1.52 million current US$ | 9 |
| 1990s | 15,270 current US$ | 1,407 current US$ | 56,126 current US$ | 10 |
| 2000s | 2.87 million current US$ | 451,425 current US$ | 3.88 million current US$ | 9 |
| 2010s | 15.59 million current US$ | 10.57 million current US$ | 20.61 million current US$ | 2 |
Countries ranked near Sierra Leone
- 28 Kenya 25.86 million current US$ compare
- 29 Niger 25.20 million current US$ compare
- 30 Madagascar 21.21 million current US$ compare
- 32 Seychelles 20.49 million current US$ compare
- 33 Guinea-Bissau 19.65 million current US$ compare
- 34 Ethiopia 19.08 million current US$ compare
More trade data for Sierra Leone
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 820,000 FAO, current US$ (2010)
- Food imports excluding fish 158.41 million FAO, current US$ (2010)
- Total agricultural imports 184.04 million FAO, current US$ (2010)
- Cereal imports 57.16 million FAO, current US$ (2010)
- Cereal imports quantity 142,350 FAO, tonnes (2010)
- Total agricultural exports 31.37 million FAO, current US$ (2010)
- Cereal exports 0 FAO, current US$ (2010)
- Cereal exports quantity 0 FAO, tonnes (2010)
- Merchandise exports, WB 597.02 million current US$ (2011)
Frequently asked questions
- What is migrant remittance outflows in Sierra Leone?
- Migrant remittance outflows in Sierra Leone was 20.61 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 Sierra Leone?
- The highest recorded value was 20.61 million current US$ in 2011.
- What is the lowest migrant remittance outflows recorded in Sierra Leone?
- The lowest recorded value was 1,407 current US$ in 1998.
- How does Sierra Leone rank for migrant remittance outflows?
- Sierra Leone ranks 31st out of 49 countries with data for 2011.
- Is migrant remittance outflows rising or falling in Sierra Leone?
- Over the last ten years it is up 4,465.7%. The long-run trend across the full record is volatile.
- Where does this Sierra Leone 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 — 30 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,