Migrant remittance outflows in Togo

Togo: Migrant remittance outflows was 62.79 million current US$ in 2011. ◆ Volatile

Latest (2011)
62.79 million current US$
Change on year
unchanged
World rank
20th
of 49 countries
All-time high
72.00 million current US$
in 2009
All-time low
4.08 million current US$
in 1994
Years of data
38
1974–2011

Migrant remittance outflows in Togo, 1974–2011

020.0M40.0M60.0M80.0M1974199220111974: 4.9M current US$1975: 6.1M current US$1976: 5.8M current US$1977: 8.2M current US$1978: 10.9M current US$1979: 10.1M current US$1980: 9.2M current US$1981: 8.3M current US$1982: 7.8M current US$1983: 8.3M current US$1984: 8.1M current US$1985: 7.4M current US$1986: 11.1M current US$1987: 12.3M current US$1988: 13.6M current US$1989: 12.8M current US$1990: 13.4M current US$1991: 12.7M current US$1992: 16.2M current US$1993: 6.0M current US$1994: 4.1M current US$1995: 4.9M current US$1996: 6.8M current US$1997: 10.4M current US$1998: 6.1M current US$1999: 6.1M current US$2000: 6.7M current US$2001: 5.3M current US$2002: 17.0M current US$2003: 28.3M current US$2004: 34.3M current US$2005: 35.4M current US$2006: 38.6M current US$2007: 47.2M current US$2008: 57.6M current US$2009: 72.0M current US$2010: 62.8M current US$2011: 62.8M current US$

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

Analysis

Togo recorded 62.79 million current US$ for migrant remittance outflows in 2011.

Compared with earlier readings it is up 1,085.7% over ten years.

Over the whole period, migrant remittance outflows in Togo peaked at 72.00 million current US$ in 2009 and was at its lowest, 4.08 million current US$, in 1994.

That places Togo 20th 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

DecadeAverage LowestHighest Years
1970s 7.65 million current US$ 4.88 million current US$ 10.94 million current US$ 6
1980s 9.90 million current US$ 7.39 million current US$ 13.64 million current US$ 10
1990s 8.67 million current US$ 4.08 million current US$ 16.25 million current US$ 10
2000s 34.25 million current US$ 5.30 million current US$ 72.00 million current US$ 10
2010s 62.79 million current US$ 62.79 million current US$ 62.79 million current US$ 2

Countries ranked near Togo

  1. 17 Algeria 71.40 million current US$ compare
  2. 18 Morocco 71.20 million current US$ compare
  3. 19 Zambia 70.40 million current US$ compare
  4. 21 Cameroon 54.18 million current US$ compare
  5. 22 Namibia 45.90 million current US$ compare
  6. 23 Mozambique 45.03 million current US$ compare

See the full ranking of 55 places →

More trade data for Togo

All data for Togo →

Frequently asked questions

What is migrant remittance outflows in Togo?
Migrant remittance outflows in Togo was 62.79 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 Togo?
The highest recorded value was 72.00 million current US$ in 2009.
What is the lowest migrant remittance outflows recorded in Togo?
The lowest recorded value was 4.08 million current US$ in 1994.
How does Togo rank for migrant remittance outflows?
Togo ranks 20th out of 49 countries with data for 2011.
Is migrant remittance outflows rising or falling in Togo?
Over the last ten years it is up 1,085.7%. The long-run trend across the full record is volatile.
Where does this Togo 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,