Workers' remittances, net in Ethiopia

Ethiopia: Workers' remittances, net was 494.15 million BoP, current US$ in 2011. ▲ Rising

Latest (2011)
494.15 million BoP, current US$
Change on year
up 76.0%
World rank
8th
of 39 countries
All-time high
494.15 million BoP, current US$
in 2011
All-time low
155.05 million BoP, current US$
in 2006
Years of data
7
2005–2011

Workers' remittances, net in Ethiopia, 2005–2011

200.0M300.0M400.0M500.0M2005200820112005: 157.1M BoP, current US$2006: 155.1M BoP, current US$2007: 341.4M BoP, current US$2008: 365.5M BoP, current US$2009: 235.1M BoP, current US$2010: 280.7M BoP, current US$2011: 494.2M BoP, current US$

Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files. Measured in BoP, current US$.

Analysis

Ethiopia recorded 494.15 million BoP, current US$ for workers' remittances, net in 2011. That is the highest value across all 7 years on record.

The figure is up 76.0% on the previous year and up 214.5% over ten years.

Ethiopia ranks 8th of 39 countries on this measure, in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 250.81 million BoP, current US$ 155.05 million BoP, current US$ 365.49 million BoP, current US$ 5
2010s 387.45 million BoP, current US$ 280.74 million BoP, current US$ 494.15 million BoP, current US$ 2

Countries ranked near Ethiopia

  1. 5 Senegal 1.18 billion BoP, current US$ compare
  2. 6 Kenya 908.29 million BoP, current US$ compare
  3. 7 Uganda 669.95 million BoP, current US$ compare
  4. 9 Sudan 437.64 million BoP, current US$ compare
  5. 10 Mali 293.47 million BoP, current US$ compare
  6. 11 Liberia 257.92 million BoP, current US$ compare

See the full ranking of 39 places →

More trade data for Ethiopia

All data for Ethiopia →

Frequently asked questions

What is workers' remittances, net in Ethiopia?
Workers' remittances, net in Ethiopia was 494.15 million BoP, current US$ in 2011, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files.
What is the highest workers' remittances, net recorded in Ethiopia?
The highest recorded value was 494.15 million BoP, current US$ in 2011.
What is the lowest workers' remittances, net recorded in Ethiopia?
The lowest recorded value was 155.05 million BoP, current US$ in 2006.
How does Ethiopia rank for workers' remittances, net?
Ethiopia ranks 8th out of 39 countries with data for 2011.
Is workers' remittances, net rising or falling in Ethiopia?
Over the last ten years it is up 214.5%. The long-run trend across the full record is rising.
Where does this Ethiopia 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

Indicator
Workers' remittances, net (BoP, current US$)
Unit
BoP, current US$
Source
International Monetary Fund, Balance of Payments Statistics Yearbook and data files
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
39 places, 262 data points, 2005–2011
Last refreshed

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.