Workers' remittances, payments in Burkina Faso

Burkina Faso: Workers' remittances, payments was 94.40 million BoP, current US$ in 2010. ▲ Rising

Latest (2010)
94.40 million BoP, current US$
Change on year
up 14.1%
World rank
8th
of 34 countries
All-time high
94.40 million BoP, current US$
in 2010
All-time low
69.79 million BoP, current US$
in 2005
Years of data
6
2005–2010

Workers' remittances, payments in Burkina Faso, 2005–2010

020.0M40.0M60.0M80.0M100.0M2005200720102005: 69.8M BoP, current US$2006: 71.3M BoP, current US$2007: 77.4M BoP, current US$2008: 84.0M BoP, current US$2009: 82.7M BoP, current US$2010: 94.4M BoP, current US$

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

Analysis

Burkina Faso recorded 94.40 million BoP, current US$ for workers' remittances, payments in 2010. That is the highest value across all 6 years on record.

The figure is up 14.1% on the previous year and up 35.3% over ten years.

That places Burkina Faso 8th out of 34 countries with data for 2010, putting it in the top quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 77.05 million BoP, current US$ 69.79 million BoP, current US$ 83.98 million BoP, current US$ 5
2010s 94.40 million BoP, current US$ 94.40 million BoP, current US$ 94.40 million BoP, current US$ 1

Countries ranked near Burkina Faso

  1. 5 Angola 230.75 million BoP, current US$ compare
  2. 6 Senegal 199.77 million BoP, current US$ compare
  3. 7 Mali 143.96 million BoP, current US$ compare
  4. 9 Algeria 71.40 million BoP, current US$ compare
  5. 10 Morocco 70.93 million BoP, current US$ compare
  6. 11 Benin 61.65 million BoP, current US$ compare

See the full ranking of 35 places →

More trade data for Burkina Faso

All data for Burkina Faso →

Frequently asked questions

What is workers' remittances, payments in Burkina Faso?
Workers' remittances, payments in Burkina Faso was 94.40 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, payments recorded in Burkina Faso?
The highest recorded value was 94.40 million BoP, current US$ in 2010.
What is the lowest workers' remittances, payments recorded in Burkina Faso?
The lowest recorded value was 69.79 million BoP, current US$ in 2005.
How does Burkina Faso rank for workers' remittances, payments?
Burkina Faso ranks 8th out of 34 countries with data for 2010.
Is workers' remittances, payments rising or falling in Burkina Faso?
Over the last ten years it is up 35.3%. The long-run trend across the full record is rising.
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, 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.