Remittances received in Andorra in 2024 — 52,335,881 US$. Ranked 145 in the world out of 160. Since 2019, the indicator has risen by 147.9%.
2019–2024 · US$
How the value compares with the world and the groups this territory belongs to: Andorra
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2024 | 52.34M | +4.06M | +8.41% |
| 2023 | 48.27M | +3.7M | +8.29% |
| 2022 | 44.58M | −8.42M | −15.89% |
| 2021 | 53M | +5.59M | +11.78% |
| 2020 | 47.42M | +26.3M | +124.59% |
| 2019 | 21.11M | — | — |
The same indicator for neighboring countries — with links to their pages
Personal remittances received by a country: the earnings of labor migrants sent home, plus transfers between households. For a couple of dozen countries this flow is larger than any single export item, and for several it exceeds a fifth of GDP — remittances then become the main external link of the economy, steadier than both direct investment and foreign aid: in a crisis they usually do not fall but rise, because migrants send their families more.
Important: Only transfers through banks and money transfer systems are counted. Cash brought in person does not reach the statistics, so the real volumes are higher — by estimates, noticeably so.
Source: World Development Indicators (World Bank), license CC BY 4.0.
How much money leaves a country in remittances — mostly the earnings of incomers.
Migration Number of immigrantsHow many people born abroad live in the country at present.
Economy Gross national incomeThe income received by the residents of a country — including what is earned abroad, but without what foreigners earn inside it.