Workers' remittances, payments in Morocco

Morocco: Workers' remittances, payments was 70.93 million BoP, current US$ in 2011. ▲ Rising

Latest (2011)
70.93 million BoP, current US$
Change on year
up 14.3%
World rank
10th
of 34 countries
All-time high
70.93 million BoP, current US$
in 2011
All-time low
35.07 million BoP, current US$
in 2005
Years of data
7
2005–2011

Workers' remittances, payments in Morocco, 2005–2011

020.0M40.0M60.0M80.0M2005200820112005: 35.1M BoP, current US$2006: 37.9M BoP, current US$2007: 48.9M BoP, current US$2008: 54.4M BoP, current US$2009: 60.1M BoP, current US$2010: 62.0M BoP, current US$2011: 70.9M BoP, current US$

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

Analysis

Morocco recorded 70.93 million BoP, current US$ for workers' remittances, payments in 2011. That is the highest value across all 7 years on record.

That represents a change of up 14.3% on the previous year and up 102.2% over ten years.

That places Morocco 10th out of 34 countries with data for 2011, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 47.28 million BoP, current US$ 35.07 million BoP, current US$ 60.11 million BoP, current US$ 5
2010s 66.48 million BoP, current US$ 62.03 million BoP, current US$ 70.93 million BoP, current US$ 2

Countries ranked near Morocco

  1. 7 Mali 143.96 million BoP, current US$ compare
  2. 8 Burkina Faso 94.40 million BoP, current US$ compare
  3. 9 Algeria 71.40 million BoP, current US$ compare
  4. 11 Benin 61.65 million BoP, current US$ compare
  5. 12 Niger 56.03 million BoP, current US$ compare
  6. 13 Rwanda 56.00 million BoP, current US$ compare

See the full ranking of 35 places →

More trade data for Morocco

All data for Morocco →

Frequently asked questions

What is workers' remittances, payments in Morocco?
Workers' remittances, payments in Morocco was 70.93 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 Morocco?
The highest recorded value was 70.93 million BoP, current US$ in 2011.
What is the lowest workers' remittances, payments recorded in Morocco?
The lowest recorded value was 35.07 million BoP, current US$ in 2005.
How does Morocco rank for workers' remittances, payments?
Morocco ranks 10th out of 34 countries with data for 2011.
Is workers' remittances, payments rising or falling in Morocco?
Over the last ten years it is up 102.2%. 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, payments (BoP, current US$). Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 7 observations, free to reuse under CC BY 4.0 (World Bank Open Data).

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.