Remittances paid in Southern Europe in 2024 — 21,490,640,031 US$. Since 2004, the indicator has risen by 321.7%.
2004–2024 · US$
How the value compares with the world and the groups this territory belongs to: Southern Europe
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2024 | 21.49B | +1.45B | +7.22% |
| 2023 | 20.04B | +1.83B | +10.03% |
| 2022 | 18.22B | −21.87M | −0.12% |
| 2021 | 18.24B | +2.48B | +15.73% |
| 2020 | 15.76B | +668M | +4.43% |
| 2019 | 15.09B | +333M | +2.26% |
| 2018 | 14.76B | +1.57B | +11.9% |
| 2017 | 13.19B | +484M | +3.81% |
| 2016 | 12.7B | −288M | −2.21% |
| 2015 | 12.99B | −2.81B | −17.8% |
| 2014 | 15.81B | −240M | −1.49% |
| 2013 | 16.04B | −352M | −2.15% |
| 2012 | 16.4B | −3.54B | −17.75% |
| 2011 | 19.94B | +1.4B | +7.53% |
| 2010 | 18.54B | −1.9B | −9.31% |
| 2009 | 20.44B | +154M | +0.76% |
| 2008 | 20.29B | +13.51B | +199.4% |
| 2007 | 6.78B | +1.25B | +22.56% |
| 2006 | 5.53B | +167M | +3.12% |
| 2005 | 5.36B | +266M | +5.22% |
| 2004 | 5.1B | — | — |
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.
How much money people working abroad send home.
Migration Share of immigrants in the populationWhat part of a country's population is made up of people born abroad.
Migration Number of immigrantsHow many people born abroad live in the country at present.
Finance Current account balanceThe balance of a country's external transactions as a percent of GDP: surplus or deficit.
Finance Current account balance (World Bank)The current account balance as a percent of GDP from World Bank data.