Remittances paid — all countries

Remittances paid — Mongolia

Remittances paid in Mongolia in 2024 — 187,474,356 US$. Ranked 105 in the world out of 162. Since 1998, the indicator has risen by 6,149.1%.

2024 187M US$ +15.33% vs 2023
World rank 105of 162
Period maximum 531M US$2012
Period minimum 1.89M US$1999

Trend over time

1998–2024 · US$

Remittances paid — Mongolia, 1998–20240200M400M600M19982001200420072010201320162019202220241998: 3,000,000 US$1999: 1,886,588 US$2000: 4,596,294 US$2001: 6,393,862 US$2002: 16,460,012 US$2003: 19,014,124 US$2004: 49,094,957 US$2005: 40,422,531 US$2006: 76,579,020 US$2007: 90,323,100 US$2008: 172,184,897 US$2009: 83,443,649 US$2010: 169,098,104 US$2011: 312,199,055 US$2012: 531,374,750 US$2013: 441,381,964 US$2014: 336,940,234 US$2015: 227,551,598 US$2016: 170,934,427 US$2017: 183,097,762 US$2018: 216,788,387 US$2019: 233,421,699 US$2020: 145,842,926 US$2021: 143,896,890 US$2022: 128,976,380 US$2023: 162,551,429 US$2024: 187,474,356 US$
Change over the period: +184M (+6,149.15%) Average annual rate: 17.24 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Mongolia

Mongolia 187M US$
World 619B US$
East Asia & Pacific 87.64B US$
Eastern Asia computed 39.21B US$
Lower-middle-income countries computed 22.96B US$
Remittances paid — Mongolia, by year Mongolia All countries CSV XLSX
Year US$ Change Change, %
2024 187M +24.92M +15.33%
2023 163M +33.58M +26.03%
2022 129M −14.92M −10.37%
2021 144M −1.95M −1.33%
2020 146M −87.58M −37.52%
2019 233M +16.63M +7.67%
2018 217M +33.69M +18.4%
2017 183M +12.16M +7.12%
2016 171M −56.62M −24.88%
2015 228M −109M −32.47%
2014 337M −104M −23.66%
2013 441M −89.99M −16.94%
2012 531M +219M +70.2%
2011 312M +143M +84.63%
2010 169M +85.65M +102.65%
2009 83.44M −88.74M −51.54%
2008 172M +81.86M +90.63%
2007 90.32M +13.74M +17.95%
2006 76.58M +36.16M +89.45%
2005 40.42M −8.67M −17.66%
2004 49.09M +30.08M +158.2%
2003 19.01M +2.55M +15.52%
2002 16.46M +10.07M +157.43%
2001 6.39M +1.8M +39.11%
2000 4.6M +2.71M +143.63%
1999 1.89M −1.11M −37.11%
1998 3M

Eastern Asia, 2024

The same indicator for neighboring countries — with links to their pages

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.