Remittances received — all countries

Remittances received — Burkina Faso

Remittances received in Burkina Faso in 2024 — 595,244,650 US$. Ranked 101 in the world out of 160. Since 1974, the indicator has risen by 1,556.2%.

2024 595M US$ +1.86% vs 2023
World rank 101of 160
Period maximum 595M US$2024
Period minimum 35.94M US$1974

Trend over time

1974–2024 · US$

Remittances received — Burkina Faso, 1974–20240200M400M600M197419791984198919941999200420092014201920241974: 35,940,308 US$1975: 47,654,621 US$1976: 51,023,121 US$1977: 60,147,423 US$1978: 78,074,638 US$1979: 109,669,144 US$1980: 150,431,030 US$1981: 153,360,977 US$1982: 110,302,223 US$1983: 113,213,974 US$1984: 90,237,778 US$1985: 125,921,799 US$1986: 191,625,382 US$1987: 173,280,075 US$1988: 187,028,153 US$1989: 155,259,277 US$1990: 139,672,852 US$1991: 112,967,812 US$1992: 128,813,965 US$1993: 117,222,412 US$1994: 80,346,947 US$1995: 78,178,307 US$1996: 76,009,666 US$1997: 73,841,026 US$1998: 71,672,386 US$1999: 69,503,746 US$2000: 67,335,106 US$2001: 49,915,524 US$2002: 58,734,135 US$2003: 53,747,391 US$2004: 44,417,328 US$2005: 56,664,820 US$2006: 67,996,282 US$2007: 84,436,174 US$2008: 99,742,143 US$2009: 96,373,876 US$2010: 120,462,189 US$2011: 221,068,019 US$2012: 209,980,744 US$2013: 308,469,520 US$2014: 396,308,041 US$2015: 384,985,616 US$2016: 397,373,893 US$2017: 416,839,243 US$2018: 455,650,092 US$2019: 467,251,842 US$2020: 524,608,105 US$2021: 570,950,969 US$2022: 523,912,791 US$2023: 584,392,247 US$2024: 595,244,650 US$
Change over the period: +559M (+1,556.2%) Average annual rate: 5.77 %

Comparison, 2024

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

Burkina Faso 595M US$
World 857B US$
Sub-Saharan Africa 57.23B US$
Western Africa computed 32.37B US$
Remittances received — Burkina Faso, by year Burkina Faso All countries CSV XLSX
Year US$ Change Change, %
2024 595M +10.85M +1.86%
2023 584M +60.48M +11.54%
2022 524M −47.04M −8.24%
2021 571M +46.34M +8.83%
2020 525M +57.36M +12.28%
2019 467M +11.6M +2.55%
2018 456M +38.81M +9.31%
2017 417M +19.47M +4.9%
2016 397M +12.39M +3.22%
2015 385M −11.32M −2.86%
2014 396M +87.84M +28.48%
2013 308M +98.49M +46.9%
2012 210M −11.09M −5.02%
2011 221M +101M +83.52%
2010 120M +24.09M +24.99%
2009 96.37M −3.37M −3.38%
2008 99.74M +15.31M +18.13%
2007 84.44M +16.44M +24.18%
2006 68M +11.33M +20%
2005 56.66M +12.25M +27.57%
2004 44.42M −9.33M −17.36%
2003 53.75M −4.99M −8.49%
2002 58.73M +8.82M +17.67%
2001 49.92M −17.42M −25.87%
2000 67.34M −2.17M −3.12%
1999 69.5M −2.17M −3.03%
1998 71.67M −2.17M −2.94%
1997 73.84M −2.17M −2.85%
1996 76.01M −2.17M −2.77%
1995 78.18M −2.17M −2.7%
1994 80.35M −36.88M −31.46%
1993 117M −11.59M −9%
1992 129M +15.85M +14.03%
1991 113M −26.71M −19.12%
1990 140M −15.59M −10.04%
1989 155M −31.77M −16.99%
1988 187M +13.75M +7.93%
1987 173M −18.35M −9.57%
1986 192M +65.7M +52.18%
1985 126M +35.68M +39.54%
1984 90.24M −22.98M −20.29%
1983 113M +2.91M +2.64%
1982 110M −43.06M −28.08%
1981 153M +2.93M +1.95%
1980 150M +40.76M +37.17%
1979 110M +31.59M +40.47%
1978 78.07M +17.93M +29.81%
1977 60.15M +9.12M +17.88%
1976 51.02M +3.37M +7.07%
1975 47.65M +11.71M +32.59%
1974 35.94M

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.