Workers' remittances, payments in Algeria

Algeria: Workers' remittances, payments was 71.40 million BoP, current US$ in 2011. ▲ Rising

Latest (2011)
71.40 million BoP, current US$
Change on year
up 155.0%
World rank
9th
of 34 countries
All-time high
71.40 million BoP, current US$
in 2011
All-time low
25.00 million BoP, current US$
in 2005
Years of data
7
2005–2011

Workers' remittances, payments in Algeria, 2005–2011

020.0M40.0M60.0M80.0M2005200820112005: 25.0M BoP, current US$2006: 35.0M BoP, current US$2007: 48.0M BoP, current US$2008: 27.0M BoP, current US$2009: 46.0M BoP, current US$2010: 28.0M BoP, current US$2011: 71.4M BoP, current US$

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

Analysis

In 2011, workers' remittances, payments in Algeria stood at 71.40 million BoP, current US$. That is the highest value across all 7 years on record.

The figure is up 155.0% on the previous year and up 185.6% over ten years.

Algeria ranks 9th of 34 countries on this measure, in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 36.20 million BoP, current US$ 25.00 million BoP, current US$ 48.00 million BoP, current US$ 5
2010s 49.70 million BoP, current US$ 28.00 million BoP, current US$ 71.40 million BoP, current US$ 2

Countries ranked near Algeria

  1. 6 Senegal 199.77 million BoP, current US$ compare
  2. 7 Mali 143.96 million BoP, current US$ compare
  3. 8 Burkina Faso 94.40 million BoP, current US$ compare
  4. 10 Morocco 70.93 million BoP, current US$ compare
  5. 11 Benin 61.65 million BoP, current US$ compare
  6. 12 Niger 56.03 million BoP, current US$ compare

See the full ranking of 35 places →

More trade data for Algeria

All data for Algeria →

Frequently asked questions

What is workers' remittances, payments in Algeria?
Workers' remittances, payments in Algeria was 71.40 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, payments recorded in Algeria?
The highest recorded value was 71.40 million BoP, current US$ in 2011.
What is the lowest workers' remittances, payments recorded in Algeria?
The lowest recorded value was 25.00 million BoP, current US$ in 2005.
How does Algeria rank for workers' remittances, payments?
Algeria ranks 9th out of 34 countries with data for 2011.
Is workers' remittances, payments rising or falling in Algeria?
Over the last ten years it is up 185.6%. The long-run trend across the full record is rising.
Where does this Algeria data come from?
The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files, published as part of Workers' remittances, payments (BoP, current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Workers' remittances, payments (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
35 places, 232 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. This item shows payments by the reporting country. Data are in current U.S. dollars.