Remittances paid — all countries

Remittances paid — Lower-middle-income countries

Remittances paid in lower-middle-income countries in 2024 — 22,963,492,747 US$. Since 1994, the indicator has risen by 1,273.9%.

2024 22.96B US$ −8.16% vs 2023
World rank
Period maximum 25B US$2023
Period minimum 1.57B US$1999

Trend over time

1994–2024 · US$

Remittances paid — Lower-middle-income countries, 1994–2024010B20B30B199419972000200320062009201220152018202120241994: 1,671,357,796 US$1995: 2,039,723,345 US$1996: 2,056,026,842 US$1997: 1,964,495,438 US$1998: 1,639,982,215 US$1999: 1,569,478,768 US$2000: 1,922,346,934 US$2001: 2,346,357,613 US$2002: 5,566,797,257 US$2003: 7,615,221,044 US$2004: 8,379,445,387 US$2005: 8,622,781,502 US$2006: 9,003,600,710 US$2007: 9,750,643,633 US$2008: 14,022,053,547 US$2009: 14,369,009,622 US$2010: 14,572,917,290 US$2011: 15,560,069,669 US$2012: 19,376,270,331 US$2013: 22,988,434,239 US$2014: 22,868,532,616 US$2015: 20,902,898,235 US$2016: 20,595,285,925 US$2017: 21,606,191,161 US$2018: 22,059,842,122 US$2019: 21,729,323,819 US$2020: 19,027,564,289 US$2021: 19,893,451,547 US$2022: 24,175,057,177 US$2023: 25,003,239,247 US$2024: 22,963,492,747 US$
Change over the period: +21.29B (+1,273.94%) Average annual rate: 9.13 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Lower-middle-income countries

Lower-middle-income countries 22.96B US$
World 619B US$
Remittances paid — Lower-middle-income countries, by year Lower-middle-income countries All countries CSV XLSX
Year US$ Change Change, %
2024 22.96B −2.04B −8.16%
2023 25B +828M +3.43%
2022 24.18B +4.28B +21.52%
2021 19.89B +866M +4.55%
2020 19.03B −2.7B −12.43%
2019 21.73B −331M −1.5%
2018 22.06B +454M +2.1%
2017 21.61B +1.01B +4.91%
2016 20.6B −308M −1.47%
2015 20.9B −1.97B −8.6%
2014 22.87B −120M −0.52%
2013 22.99B +3.61B +18.64%
2012 19.38B +3.82B +24.53%
2011 15.56B +987M +6.77%
2010 14.57B +204M +1.42%
2009 14.37B +347M +2.47%
2008 14.02B +4.27B +43.81%
2007 9.75B +747M +8.3%
2006 9B +381M +4.42%
2005 8.62B +243M +2.9%
2004 8.38B +764M +10.04%
2003 7.62B +2.05B +36.8%
2002 5.57B +3.22B +137.25%
2001 2.35B +424M +22.06%
2000 1.92B +353M +22.48%
1999 1.57B −70.5M −4.3%
1998 1.64B −325M −16.52%
1997 1.96B −91.53M −4.45%
1996 2.06B +16.3M +0.8%
1995 2.04B +368M +22.04%
1994 1.67B

About the indicator

Personal remittances sent from a country abroad. This is the mirror side of remittances received, and together the two divide the world into countries that take in labor migrants and countries that send them. The largest senders are the United States and the Gulf states, and for the latter the flow is enormous relative to the size of the economy: incomers make up the majority of those working there.

Important: Remittances sent and received should match at the world level, but they do not: some countries do not record the flow, and part of the transfers goes outside the statistics.

Source: World Development Indicators (World Bank), license CC BY 4.0.