Remittances received — all countries

Remittances received — ASEAN

Remittances received in ASEAN in 2024 — 70,453,725,411 US$. Since 1987, the indicator has risen by 3,411.9%.

2024 70.45B US$ +3.56% vs 2023
World rank
Period maximum 70.45B US$2024
Period minimum 2.01B US$1987

Trend over time

1987–2024 · US$

Remittances received — ASEAN, 1987–2024020B40B60B80B19871991199519992003200720112015201920231987: 2,006,144,680 US$1988: 2,400,955,197 US$1989: 2,628,588,399 US$1990: 2,806,336,073 US$1991: 3,141,491,640 US$1992: 3,384,743,083 US$1993: 4,270,423,071 US$1994: 5,364,293,779 US$1995: 7,914,650,856 US$1996: 7,775,653,006 US$1997: 9,536,252,890 US$1998: 7,910,844,111 US$1999: 9,803,082,269 US$2000: 11,698,766,459 US$2001: 12,755,205,502 US$2002: 14,808,027,943 US$2003: 16,219,490,273 US$2004: 18,332,836,541 US$2005: 21,750,189,939 US$2006: 24,220,387,624 US$2007: 26,075,873,187 US$2008: 29,132,790,826 US$2009: 31,925,549,145 US$2010: 34,722,855,544 US$2011: 37,292,736,151 US$2012: 40,105,118,671 US$2013: 45,157,136,893 US$2014: 48,444,443,841 US$2015: 50,305,360,913 US$2016: 51,565,859,966 US$2017: 54,151,256,060 US$2018: 58,520,652,572 US$2019: 61,719,909,951 US$2020: 56,653,814,976 US$2021: 59,077,861,814 US$2022: 64,560,212,034 US$2023: 68,029,254,000 US$2024: 70,453,725,411 US$
Change over the period: +68.45B (+3,411.9%) Average annual rate: 10.1 %

Comparison, 2024

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

ASEAN 70.45B US$
World 857B US$
Remittances received — ASEAN, by year ASEAN All countries CSV XLSX
Year US$ Change Change, %
2024 70.45B +2.42B +3.56%
2023 68.03B +3.47B +5.37%
2022 64.56B +5.48B +9.28%
2021 59.08B +2.42B +4.28%
2020 56.65B −5.07B −8.21%
2019 61.72B +3.2B +5.47%
2018 58.52B +4.37B +8.07%
2017 54.15B +2.59B +5.01%
2016 51.57B +1.26B +2.51%
2015 50.31B +1.86B +3.84%
2014 48.44B +3.29B +7.28%
2013 45.16B +5.05B +12.6%
2012 40.11B +2.81B +7.54%
2011 37.29B +2.57B +7.4%
2010 34.72B +2.8B +8.76%
2009 31.93B +2.79B +9.59%
2008 29.13B +3.06B +11.72%
2007 26.08B +1.86B +7.66%
2006 24.22B +2.47B +11.36%
2005 21.75B +3.42B +18.64%
2004 18.33B +2.11B +13.03%
2003 16.22B +1.41B +9.53%
2002 14.81B +2.05B +16.09%
2001 12.76B +1.06B +9.03%
2000 11.7B +1.9B +19.34%
1999 9.8B +1.89B +23.92%
1998 7.91B −1.63B −17.04%
1997 9.54B +1.76B +22.64%
1996 7.78B −139M −1.76%
1995 7.91B +2.55B +47.54%
1994 5.36B +1.09B +25.62%
1993 4.27B +886M +26.17%
1992 3.38B +243M +7.74%
1991 3.14B +335M +11.94%
1990 2.81B +178M +6.76%
1989 2.63B +228M +9.48%
1988 2.4B +395M +19.68%
1987 2.01B

About the indicator

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.