Workers' remittances, net in Burkina Faso
Burkina Faso: Workers' remittances, net was 11.33 million BoP, current US$ in 2010. ◆ Volatile
Workers' remittances, net in Burkina Faso, 2005–2010
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.
Analysis
Burkina Faso recorded 11.33 million BoP, current US$ for workers' remittances, net in 2010. That is the highest value across all 6 years on record.
The figure is up 790.4% on the previous year and up 155.8% over ten years.
Burkina Faso ranks 25th of 39 countries on this measure, in the middle of the range.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | -5.95 million BoP, current US$ | -20.31 million BoP, current US$ | 1.27 million BoP, current US$ | 5 |
| 2010s | 11.33 million BoP, current US$ | 11.33 million BoP, current US$ | 11.33 million BoP, current US$ | 1 |
Countries ranked near Burkina Faso
- 22 Niger 30.67 million BoP, current US$ compare
- 23 Guinea-Bissau 24.50 million BoP, current US$ compare
- 24 Tanzania 18.67 million BoP, current US$ compare
- 26 Seychelles 7.03 million BoP, current US$ compare
- 27 Sao Tome and Principe 6.88 million BoP, current US$ compare
- 28 Lesotho 6.43 million BoP, current US$ compare
More trade data for Burkina Faso
- Net long-term borrowing 0 BoP, current US$ (2011)
- Pesticides imports 11.51 million FAO, current US$ (2010)
- Food imports excluding fish 229.33 million FAO, current US$ (2010)
- Total agricultural imports 306.86 million FAO, current US$ (2010)
- Cereal imports 101.97 million FAO, current US$ (2010)
- Cereal imports quantity 354,838 FAO, tonnes (2010)
- Total agricultural exports 364.01 million FAO, current US$ (2010)
- Cereal exports 9.59 million FAO, current US$ (2010)
- Cereal exports quantity 34,989 FAO, tonnes (2010)
- Merchandise exports, WB 2.21 billion current US$ (2011)
Frequently asked questions
- What is workers' remittances, net in Burkina Faso?
- Workers' remittances, net in Burkina Faso was 11.33 million BoP, current US$ in 2010, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
- What is the highest workers' remittances, net recorded in Burkina Faso?
- The highest recorded value was 11.33 million BoP, current US$ in 2010.
- What is the lowest workers' remittances, net recorded in Burkina Faso?
- The lowest recorded value was -20.31 million BoP, current US$ in 2005.
- How does Burkina Faso rank for workers' remittances, net?
- Burkina Faso ranks 25th out of 39 countries with data for 2010.
- Is workers' remittances, net rising or falling in Burkina Faso?
- Over the last ten years it is up 155.8%. The long-run trend across the full record is volatile.
- Where does this Burkina Faso data come from?
- The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as part of Workers' remittances, net (BoP, current US$). Statizoid updates them automatically from the source API.
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About this data
Workers' remittances are current transfers by migrants who are employed or intend to remain employed for more than a year in another economy in which they are considered residents. Some developing countries classify workers' remittances as a factor income receipt (and thus as a component of GNI). The World Bank adheres to international guidelines in defining GNI, and its classification of workers' remittances may therefore differ from national practices. Data are in current U.S. dollars.