Workers' remittances, payments in Sierra Leone

Sierra Leone: Workers' remittances, payments was 18.44 million BoP, current US$ in 2011. ◆ Volatile

Latest (2011)
18.44 million BoP, current US$
Change on year
up 108.8%
World rank
26th
of 34 countries
All-time high
18.44 million BoP, current US$
in 2011
All-time low
101,621 BoP, current US$
in 2005
Years of data
7
2005–2011

Workers' remittances, payments in Sierra Leone, 2005–2011

05.0M10.0M15.0M20.0M2005200820112005: 101.6k BoP, current US$2006: 2.2M BoP, current US$2007: 606.9k BoP, current US$2008: 1.9M BoP, current US$2009: 1.7M BoP, current US$2010: 8.8M BoP, current US$2011: 18.4M BoP, current US$

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, payments in Sierra Leone is 18.44 million BoP, current US$, measured in 2011. That is the highest value across all 7 years on record.

That represents a change of up 108.8% on the previous year and up 18,049.2% over ten years.

Sierra Leone ranks 26th of 34 countries on this measure, in the bottom quarter.

Averages by decade

DecadeAverage LowestHighest Years
2000s 1.30 million BoP, current US$ 101,621 BoP, current US$ 2.23 million BoP, current US$ 5
2010s 13.64 million BoP, current US$ 8.83 million BoP, current US$ 18.44 million BoP, current US$ 2

Countries ranked near Sierra Leone

  1. 23 Gambia 22.96 million BoP, current US$ compare
  2. 24 Guinea-Bissau 19.41 million BoP, current US$ compare
  3. 25 Ethiopia 19.08 million BoP, current US$ compare
  4. 27 Seychelles 17.56 million BoP, current US$ compare
  5. 28 Tunisia 13.07 million BoP, current US$ compare

See the full ranking of 35 places →

More trade data for Sierra Leone

All data for Sierra Leone →

Frequently asked questions

What is workers' remittances, payments in Sierra Leone?
Workers' remittances, payments in Sierra Leone was 18.44 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 Sierra Leone?
The highest recorded value was 18.44 million BoP, current US$ in 2011.
What is the lowest workers' remittances, payments recorded in Sierra Leone?
The lowest recorded value was 101,621 BoP, current US$ in 2005.
How does Sierra Leone rank for workers' remittances, payments?
Sierra Leone ranks 26th out of 34 countries with data for 2011.
Is workers' remittances, payments rising or falling in Sierra Leone?
Over the last ten years it is up 18,049.2%. The long-run trend across the full record is volatile.
Where does this Sierra Leone 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.