Workers' remittances, payments in Rwanda

Rwanda: Workers' remittances, payments was 56.00 million BoP, current US$ in 2011. ▲ Rising

Latest (2011)
56.00 million BoP, current US$
Change on year
up 69.0%
World rank
13th
of 34 countries
All-time high
56.00 million BoP, current US$
in 2011
All-time low
13.83 million BoP, current US$
in 2005
Years of data
7
2005–2011

Workers' remittances, payments in Rwanda, 2005–2011

10.0M20.0M30.0M40.0M50.0M60.0M2005200820112005: 13.8M BoP, current US$2006: 16.8M BoP, current US$2007: 20.1M BoP, current US$2008: 32.2M BoP, current US$2009: 35.0M BoP, current US$2010: 33.1M BoP, current US$2011: 56.0M BoP, current US$

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

Analysis

In 2011, workers' remittances, payments in Rwanda stood at 56.00 million BoP, current US$. That is the highest value across all 7 years on record.

Compared with earlier readings it is up 69.0% on the previous year and up 304.9% over ten years.

That places Rwanda 13th out of 34 countries with data for 2011, putting it in the middle of the range.

Averages by decade

DecadeAverage LowestHighest Years
2000s 23.60 million BoP, current US$ 13.83 million BoP, current US$ 35.04 million BoP, current US$ 5
2010s 44.57 million BoP, current US$ 33.14 million BoP, current US$ 56.00 million BoP, current US$ 2

Countries ranked near Rwanda

  1. 10 Morocco 70.93 million BoP, current US$ compare
  2. 11 Benin 61.65 million BoP, current US$ compare
  3. 12 Niger 56.03 million BoP, current US$ compare
  4. 14 Togo 53.90 million BoP, current US$ compare
  5. 15 Zambia 41.50 million BoP, current US$ compare
  6. 16 Botswana 38.03 million BoP, current US$ compare

See the full ranking of 35 places →

More trade data for Rwanda

All data for Rwanda →

Frequently asked questions

What is workers' remittances, payments in Rwanda?
Workers' remittances, payments in Rwanda was 56.00 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 Rwanda?
The highest recorded value was 56.00 million BoP, current US$ in 2011.
What is the lowest workers' remittances, payments recorded in Rwanda?
The lowest recorded value was 13.83 million BoP, current US$ in 2005.
How does Rwanda rank for workers' remittances, payments?
Rwanda ranks 13th out of 34 countries with data for 2011.
Is workers' remittances, payments rising or falling in Rwanda?
Over the last ten years it is up 304.9%. The long-run trend across the full record is rising.
Where does this Rwanda 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.