Migrant remittance outflows in Sub-Saharan Africa
Sub-Saharan Africa: Migrant remittance outflows was 4.59 billion current US$ in 2011. ▲ Rising
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$, in 1970.
The long-run direction has been consistently rising across the 42 years of available data.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.00 billion current US$ | 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,