Migrant remittance outflows (current US$) in Sub-Saharan Africa
Sub-Saharan Africa: Migrant remittance outflows (current US$) was 4.59 billion current US$ in 2011. ▲ Rising
Latest (2011)
4.59 billion current US$
Change on year
down 0.6%
Rank
2nd
of 6 groups
All-time high
4.61 billion current US$
in 2010
All-time low
236.60 million current US$
in 1970
Years of data
42
1970–2011
Migrant remittance outflows in Sub-Saharan Africa, 1970–2011
Source: World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008. Measured in current US$.
Analysis
The most recent figure for migrant remittance outflows in Sub-Saharan Africa is 4.59 billion current US$, measured in 2011.
That represents a change of down 0.6% on the previous year and up 102.6% over ten years.
Over the whole period, migrant remittance outflows in Sub-Saharan Africa peaked at 4.61 billion current US$ in 2010 and was at its lowest, 236.60 million current US$, in 1970.
The long-run direction has been consistently rising across the 42 years of available data.
Migrant remittance outflows (current US$) in Sub-Saharan Africa, year by year
| Year | current US$ | Change |
|---|---|---|
| 1970 | 236.60 million current US$ | — |
| 1971 | 283.82 million current US$ | +20.0% |
| 1972 | 279.51 million current US$ | -1.5% |
| 1973 | 423.84 million current US$ | +51.6% |
| 1974 | 653.05 million current US$ | +54.1% |
| 1975 | 1.03 billion current US$ | +57.8% |
| 1976 | 1.10 billion current US$ | +6.3% |
| 1977 | 1.48 billion current US$ | +35.5% |
| 1978 | 1.93 billion current US$ | +29.9% |
| 1979 | 2.60 billion current US$ | +34.8% |
| 1980 | 3.34 billion current US$ | +28.7% |
| 1981 | 2.91 billion current US$ | -13.0% |
| 1982 | 2.63 billion current US$ | -9.6% |
| 1983 | 2.70 billion current US$ | +2.8% |
| 1984 | 2.35 billion current US$ | -12.9% |
| 1985 | 2.17 billion current US$ | -7.8% |
| 1986 | 2.53 billion current US$ | +16.6% |
| 1987 | 2.64 billion current US$ | +4.4% |
| 1988 | 2.61 billion current US$ | -1.1% |
| 1989 | 2.48 billion current US$ | -4.9% |
| 1990 | 2.87 billion current US$ | +15.9% |
| 1991 | 2.48 billion current US$ | -13.7% |
| 1992 | 2.51 billion current US$ | +1.0% |
| 1993 | 2.28 billion current US$ | -9.0% |
| 1994 | 1.96 billion current US$ | -14.1% |
| 1995 | 2.01 billion current US$ | +2.7% |
| 1996 | 1.90 billion current US$ | -5.4% |
| 1997 | 2.09 billion current US$ | +9.9% |
| 1998 | 2.15 billion current US$ | +2.7% |
| 1999 | 2.44 billion current US$ | +13.8% |
| 2000 | 2.49 billion current US$ | +1.7% |
| 2001 | 2.26 billion current US$ | -8.9% |
| 2002 | 2.44 billion current US$ | +7.7% |
| 2003 | 2.77 billion current US$ | +13.4% |
| 2004 | 2.99 billion current US$ | +8.2% |
| 2005 | 3.34 billion current US$ | +11.7% |
| 2006 | 3.52 billion current US$ | +5.3% |
| 2007 | 4.11 billion current US$ | +16.8% |
| 2008 | 4.29 billion current US$ | +4.5% |
| 2009 | 4.51 billion current US$ | +5.1% |
| 2010 | 4.61 billion current US$ | +2.3% |
| 2011 | 4.59 billion current US$ | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.00 billion current US$ | 236.60 million current US$ | 2.60 billion current US$ | 10 |
| 1980s | 2.63 billion current US$ | 2.17 billion current US$ | 3.34 billion current US$ | 10 |
| 1990s | 2.27 billion current US$ | 1.90 billion current US$ | 2.87 billion current US$ | 10 |
| 2000s | 3.27 billion current US$ | 2.26 billion current US$ | 4.51 billion current US$ | 10 |
| 2010s | 4.60 billion current US$ | 4.59 billion current US$ | 4.61 billion current US$ | 2 |
Countries ranked near Sub-Saharan Africa
- 1 South Africa 1.44 billion current US$ compare
- 2 Cote d'Ivoire 725.59 million current US$ compare
- 3 Libya 650.00 million current US$ compare
- 4 Angola 564.26 million current US$ compare
- 5 Uganda 347.72 million current US$ compare
More trade data for Sub-Saharan Africa
- Net long-term borrowing -262.73 million BoP, current US$ (2011)
- Pesticides imports 843.91 million FAO, current US$ (2011)
- Lead time to export, median case 9.32 days (2018)
- Food imports excluding fish 28.97 billion FAO, current US$ (2010)
- Total agricultural imports 35.79 billion FAO, current US$ (2010)
- Cereal imports 9.81 billion FAO, current US$ (2010)
- Cereal imports quantity 29.80 million FAO, tonnes (2010)
- Total agricultural exports 29.52 billion FAO, current US$ (2010)
- Cereal exports 865.33 million FAO, current US$ (2010)
- Cereal exports quantity 3.12 million FAO, tonnes (2010)
Frequently asked questions
- What is migrant remittance outflows in Sub-Saharan Africa?
- Migrant remittance outflows in Sub-Saharan Africa was 4.59 billion 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 Sub-Saharan Africa?
- The highest recorded value was 4.61 billion current US$ in 2010.
- What is the lowest migrant remittance outflows recorded in Sub-Saharan Africa?
- The lowest recorded value was 236.60 million current US$ in 1970.
- How does Sub-Saharan Africa rank for migrant remittance outflows?
- Sub-Saharan Africa ranks 2nd out of 6 groups with data for 2011.
- Is migrant remittance outflows rising or falling in Sub-Saharan Africa?
- Over the last ten years it is up 102.6%. The long-run trend across the full record is rising.
- Where does this Sub-Saharan Africa 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 — 42 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,