Remittances paid — all countries

Remittances paid — OPEC

Remittances paid in OPEC in 2024 — 120,166,464,091 US$. Since 1977, the indicator has risen by 3,619.8%.

2024 120B US$ +8.04% vs 2023
World rank
Period maximum 120B US$2024
Period minimum 3.23B US$1977

Trend over time

1977–2024 · US$

Remittances paid — OPEC, 1977–2024050B100B150B19771982198719921997200220072012201720221977: 3,230,435,379 US$1978: 4,947,460,449 US$1979: 6,003,214,310 US$1980: 6,943,865,310 US$1981: 8,584,347,092 US$1982: 8,965,805,894 US$1983: 8,884,981,659 US$1984: 8,168,946,014 US$1985: 7,747,090,149 US$1986: 6,810,182,465 US$1987: 6,814,908,682 US$1988: 8,478,616,768 US$1989: 10,720,732,634 US$1990: 13,177,943,703 US$1991: 15,315,133,083 US$2005: 18,253,599,676 US$2006: 21,245,957,544 US$2007: 27,743,986,348 US$2008: 33,940,262,671 US$2009: 40,281,384,421 US$2010: 41,470,855,375 US$2011: 43,103,539,126 US$2012: 48,452,717,713 US$2013: 57,585,165,797 US$2014: 57,315,254,178 US$2015: 56,581,584,542 US$2016: 55,111,755,667 US$2017: 51,445,194,358 US$2018: 49,626,956,170 US$2019: 51,970,955,620 US$2020: 53,698,680,914 US$2021: 61,115,051,431 US$2022: 60,406,224,637 US$2023: 111,224,474,440 US$2024: 120,166,464,091 US$
Change over the period: +117B (+3,619.82%) Average annual rate: 8 %

Comparison, 2024

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

OPEC 120B US$
World 619B US$
Remittances paid — OPEC, by year OPEC All countries CSV XLSX
Year US$ Change Change, %
2024 120B +8.94B +8.04%
2023 111B +50.82B +84.13%
2022 60.41B −709M −1.16%
2021 61.12B +7.42B +13.81%
2020 53.7B +1.73B +3.32%
2019 51.97B +2.34B +4.72%
2018 49.63B −1.82B −3.53%
2017 51.45B −3.67B −6.65%
2016 55.11B −1.47B −2.6%
2015 56.58B −734M −1.28%
2014 57.32B −270M −0.47%
2013 57.59B +9.13B +18.85%
2012 48.45B +5.35B +12.41%
2011 43.1B +1.63B +3.94%
2010 41.47B +1.19B +2.95%
2009 40.28B +6.34B +18.68%
2008 33.94B +6.2B +22.33%
2007 27.74B +6.5B +30.58%
2006 21.25B +2.99B +16.39%
2005 18.25B
1991 15.32B +2.14B +16.22%
1990 13.18B +2.46B +22.92%
1989 10.72B +2.24B +26.44%
1988 8.48B +1.66B +24.41%
1987 6.81B +4.73M +0.07%
1986 6.81B −937M −12.09%
1985 7.75B −422M −5.16%
1984 8.17B −716M −8.06%
1983 8.88B −80.82M −0.9%
1982 8.97B +381M +4.44%
1981 8.58B +1.64B +23.62%
1980 6.94B +941M +15.67%
1979 6B +1.06B +21.34%
1978 4.95B +1.72B +53.15%
1977 3.23B

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.