Workers' remittances, net in Liberia

Liberia: Workers' remittances, net was 257.92 million BoP, current US$ in 2011. ◆ Volatile

Latest (2011)
257.92 million BoP, current US$
Change on year
up 120,475.0%
World rank
11th
of 39 countries
All-time high
257.92 million BoP, current US$
in 2011
All-time low
213,908 BoP, current US$
in 2010
Years of data
7
2005–2011

Workers' remittances, net in Liberia, 2005–2011

0100.0M200.0M300.0M2005200820112005: 22.6M BoP, current US$2006: 60.5M BoP, current US$2007: 42.1M BoP, current US$2008: 35.7M BoP, current US$2009: 7.0M BoP, current US$2010: 213.9k BoP, current US$2011: 257.9M BoP, current US$

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

Analysis

In 2011, workers' remittances, net in Liberia stood at 257.92 million BoP, current US$. That is the highest value across all 7 years on record.

That represents a change of up 120,475.0% on the previous year and up 1,039.1% over ten years.

That places Liberia 11th out of 39 countries with data for 2011, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 33.59 million BoP, current US$ 7.01 million BoP, current US$ 60.48 million BoP, current US$ 5
2010s 129.07 million BoP, current US$ 213,908 BoP, current US$ 257.92 million BoP, current US$ 2

Countries ranked near Liberia

  1. 8 Ethiopia 494.15 million BoP, current US$ compare
  2. 9 Sudan 437.64 million BoP, current US$ compare
  3. 10 Mali 293.47 million BoP, current US$ compare
  4. 12 Togo 247.08 million BoP, current US$ compare
  5. 13 Cape Verde 169.12 million BoP, current US$ compare
  6. 14 Ghana 151.60 million BoP, current US$ compare

See the full ranking of 39 places →

More trade data for Liberia

All data for Liberia →

Frequently asked questions

What is workers' remittances, net in Liberia?
Workers' remittances, net in Liberia was 257.92 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 Liberia?
The highest recorded value was 257.92 million BoP, current US$ in 2011.
What is the lowest workers' remittances, net recorded in Liberia?
The lowest recorded value was 213,908 BoP, current US$ in 2010.
How does Liberia rank for workers' remittances, net?
Liberia ranks 11th out of 39 countries with data for 2011.
Is workers' remittances, net rising or falling in Liberia?
Over the last ten years it is up 1,039.1%. The long-run trend across the full record is volatile.
Where does this Liberia 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.