Workers' remittances, net in Morocco

Morocco: Workers' remittances, net was 7.19 billion BoP, current US$ in 2011. ▲ Rising

Latest (2011)
7.19 billion BoP, current US$
Change on year
up 13.0%
World rank
3rd
of 39 countries
All-time high
7.19 billion BoP, current US$
in 2011
All-time low
4.55 billion BoP, current US$
in 2005
Years of data
7
2005–2011

Workers' remittances, net in Morocco, 2005–2011

02.0B4.0B6.0B8.0B2005200820112005: 4.6B BoP, current US$2006: 5.4B BoP, current US$2007: 6.7B BoP, current US$2008: 6.8B BoP, current US$2009: 6.2B BoP, current US$2010: 6.4B BoP, current US$2011: 7.2B BoP, current US$

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

Analysis

The most recent figure for workers' remittances, net in Morocco is 7.19 billion BoP, current US$, measured in 2011. That is the highest value across all 7 years on record.

Compared with earlier readings it is up 13.0% on the previous year and up 57.8% over ten years.

That places Morocco 3rd out of 39 countries with data for 2011, putting it in the top 10%.

Averages by decade

DecadeAverage LowestHighest Years
2000s 5.94 billion BoP, current US$ 4.55 billion BoP, current US$ 6.84 billion BoP, current US$ 5
2010s 6.77 billion BoP, current US$ 6.36 billion BoP, current US$ 7.19 billion BoP, current US$ 2

Countries ranked near Morocco

  1. 1 Nigeria 20.41 billion BoP, current US$ compare
  2. 2 Egypt 14.03 billion BoP, current US$ compare
  3. 4 Tunisia 1.65 billion BoP, current US$ compare
  4. 5 Senegal 1.18 billion BoP, current US$ compare
  5. 6 Kenya 908.29 million BoP, current US$ compare

See the full ranking of 39 places →

More trade data for Morocco

All data for Morocco →

Frequently asked questions

What is workers' remittances, net in Morocco?
Workers' remittances, net in Morocco was 7.19 billion 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 Morocco?
The highest recorded value was 7.19 billion BoP, current US$ in 2011.
What is the lowest workers' remittances, net recorded in Morocco?
The lowest recorded value was 4.55 billion BoP, current US$ in 2005.
How does Morocco rank for workers' remittances, net?
Morocco ranks 3rd out of 39 countries with data for 2011.
Is workers' remittances, net rising or falling in Morocco?
Over the last ten years it is up 57.8%. The long-run trend across the full record is rising.
Where does this Morocco 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.