Remittances received — all countries

Remittances received — Comoros

Remittances received in the Comoros in 2023 — 305,575,361 US$. Ranked 122 in the world out of 173. Since 1980, the indicator has risen by 18,777.6%.

2023 306M US$ +8.42% vs 2022
World rank 122of 173
Period maximum 306M US$2023
Period minimum 1.22M US$1981

Trend over time

1980–2023 · US$

Remittances received — Comoros, 1980–20230100M200M300M400M19801985199019952000200520102015202020231980: 1,618,722 US$1981: 1,221,805 US$1982: 2,367,595 US$1983: 1,836,967 US$1984: 2,139,818 US$1985: 4,229,185 US$1986: 4,764,614 US$1987: 6,801,227 US$1988: 7,383,018 US$1989: 7,887,009 US$1990: 9,935,266 US$1991: 10,095,549 US$1992: 15,999,876 US$1993: 16,029,797 US$1994: 15,232,992 US$1995: 12,212,938 US$2003: 32,042,448 US$2004: 48,705,002 US$2005: 54,055,726 US$2006: 63,197,513 US$2007: 74,045,487 US$2008: 101,325,440 US$2009: 100,407,533 US$2010: 87,252,087 US$2011: 108,173,891 US$2012: 110,203,511 US$2014: 159,817,450 US$2015: 131,866,003 US$2016: 116,745,530 US$2017: 131,598,332 US$2018: 172,620,210 US$2019: 168,546,820 US$2020: 226,655,758 US$2021: 287,990,718 US$2022: 281,839,151 US$2023: 305,575,361 US$
Change over the period: +304M (+18,777.57%) Average annual rate: 12.96 %

Comparison, 2023

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

Comoros 306M US$
World 796B US$
Sub-Saharan Africa 52.16B US$
Eastern Africa computed 14.39B US$
Lower-middle-income countries computed 375B US$
Remittances received — Comoros, by year Comoros All countries CSV XLSX
Year US$ Change Change, %
2023 306M +23.74M +8.42%
2022 282M −6.15M −2.14%
2021 288M +61.33M +27.06%
2020 227M +58.11M +34.48%
2019 169M −4.07M −2.36%
2018 173M +41.02M +31.17%
2017 132M +14.85M +12.72%
2016 117M −15.12M −11.47%
2015 132M −27.95M −17.49%
2014 160M
2012 110M +2.03M +1.88%
2011 108M +20.92M +23.98%
2010 87.25M −13.16M −13.1%
2009 100M −917,907 −0.91%
2008 101M +27.28M +36.84%
2007 74.05M +10.85M +17.17%
2006 63.2M +9.14M +16.91%
2005 54.06M +5.35M +10.99%
2004 48.71M +16.66M +52%
2003 32.04M
1995 12.21M −3.02M −19.83%
1994 15.23M −796,804 −4.97%
1993 16.03M +29,921 +0.19%
1992 16M +5.9M +58.48%
1991 10.1M +160,283 +1.61%
1990 9.94M +2.05M +25.97%
1989 7.89M +503,992 +6.83%
1988 7.38M +581,791 +8.55%
1987 6.8M +2.04M +42.74%
1986 4.76M +535,429 +12.66%
1985 4.23M +2.09M +97.64%
1984 2.14M +302,851 +16.49%
1983 1.84M −530,628 −22.41%
1982 2.37M +1.15M +93.78%
1981 1.22M −396,917 −24.52%
1980 1.62M

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.