Workers' remittances, receipts in Africa
Africa: Workers' remittances, receipts was 3.9% in 2010. ▼ Falling
Workers' remittances, receipts in Africa, 2005–2010
Source: International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates. Measured in % of GDP.
Analysis
In 2010, workers' remittances, receipts in Africa stood at 3.9%. That is the lowest value across all 5 years on record.
That represents a change of down 0.6% on the previous year and down 11.6% over ten years.
Workers' remittances, receipts in Africa, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 4.4% | — |
| 2006 | 4.3% | -1.8% |
| 2008 | 3.9% | -8.7% |
| 2009 | 3.9% | -0.7% |
| 2010 | 3.9% | -0.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.2% | 3.9% | 4.4% | 4 |
| 2010s | 3.9% | 3.9% | 3.9% | 1 |
Countries ranked near Africa
More trade data for Africa
- Milking, dairy machinery (trade) — Import Value 64,599 1000 USD (2007)
- Milking, dairy machinery (trade) — Export Value 2,418 1000 USD (2007)
- Ploughs (e.g. reversible and non-reversible ploughs) — Import Value 12,951 1000 USD (2007)
- Pedestrian controlled tractors (single axle tractors) — Import Value 20,251 1000 USD (2007)
- Net long-term borrowing 496.17 million BoP, current US$ (2011)
- Pesticides imports 992.27 million FAO, current US$ (2011)
- Manure spreaders and Fertiliser distributors — Import Value 8,033 1000 USD (2007)
- Food imports excluding fish 51.61 billion FAO, current US$ (2010)
- Total agricultural imports 62.76 billion FAO, current US$ (2010)
- Cereal imports 18.44 billion FAO, current US$ (2010)
Frequently asked questions
- What is workers' remittances, receipts in Africa?
- Workers' remittances, receipts in Africa was 3.9% in 2010, according to International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates.
- What is the highest workers' remittances, receipts recorded in Africa?
- The highest recorded value was 4.4% in 2005.
- What is the lowest workers' remittances, receipts recorded in Africa?
- The lowest recorded value was 3.9% in 2010.
- How does Africa rank for workers' remittances, receipts?
- Africa ranks 2nd out of 4 groups with data for 2010.
- Is workers' remittances, receipts rising or falling in Africa?
- Over the last ten years it is down 11.6%. The long-run trend across the full record is falling.
- Where does this Africa data come from?
- The figures come from International Monetary Fund, Balance of Payments Statistics Yearbook and data files, and World Bank and OECD GDP estimates, published as part of Workers' remittances, receipts (% of GDP). Statizoid updates them automatically from the source API.
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About this data
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 receipts by the reporting country. Data are in current U.S. dollars.