Remittances received — all countries

Remittances received — Denmark

Remittances received in Denmark in 2024 — 1,519,481,607 US$. Ranked 72 in the world out of 160. Since 1992, the indicator has risen by 227.3%.

2024 1.52B US$ −0.05% vs 2023
World rank 72of 160
Period maximum 1.52B US$2023
Period minimum 439M US$1994

Trend over time

1992–2024 · US$

Remittances received — Denmark, 1992–20240500M1B1.5B2B1992199620002004200820122016202020241992: 464,252,472 US$1993: 449,906,006 US$1994: 438,739,166 US$1995: 522,927,177 US$1996: 687,658,142 US$1997: 852,389,081 US$1998: 765,494,251 US$1999: 803,208,184 US$2000: 666,510,056 US$2001: 698,623,282 US$2002: 784,859,297 US$2003: 940,572,302 US$2004: 1,075,395,076 US$2005: 666,091,577 US$2006: 740,266,389 US$2007: 823,203,959 US$2008: 1,051,704,665 US$2009: 1,019,066,492 US$2010: 925,467,462 US$2011: 1,149,885,933 US$2012: 1,182,244,240 US$2013: 1,370,760,789 US$2014: 1,483,021,800 US$2015: 1,258,255,663 US$2016: 1,247,014,793 US$2017: 1,314,451,448 US$2018: 1,415,297,049 US$2019: 1,449,639,210 US$2020: 1,332,176,511 US$2021: 1,412,877,342 US$2022: 1,399,676,713 US$2023: 1,520,301,695 US$2024: 1,519,481,607 US$
Change over the period: +1.06B (+227.3%) Average annual rate: 3.77 %

Comparison, 2024

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

Denmark 1.52B US$
World 857B US$
Northern Europe computed 16.32B US$
High-income countries computed 199B US$
Remittances received — Denmark, by year Denmark All countries CSV XLSX
Year US$ Change Change, %
2024 1.52B −820,088 −0.05%
2023 1.52B +121M +8.62%
2022 1.4B −13.2M −0.93%
2021 1.41B +80.7M +6.06%
2020 1.33B −117M −8.1%
2019 1.45B +34.34M +2.43%
2018 1.42B +101M +7.67%
2017 1.31B +67.44M +5.41%
2016 1.25B −11.24M −0.89%
2015 1.26B −225M −15.16%
2014 1.48B +112M +8.19%
2013 1.37B +189M +15.95%
2012 1.18B +32.36M +2.81%
2011 1.15B +224M +24.25%
2010 925M −93.6M −9.18%
2009 1.02B −32.64M −3.1%
2008 1.05B +229M +27.76%
2007 823M +82.94M +11.2%
2006 740M +74.17M +11.14%
2005 666M −409M −38.06%
2004 1.08B +135M +14.33%
2003 941M +156M +19.84%
2002 785M +86.24M +12.34%
2001 699M +32.11M +4.82%
2000 667M −137M −17.02%
1999 803M +37.71M +4.93%
1998 765M −86.89M −10.19%
1997 852M +165M +23.96%
1996 688M +165M +31.5%
1995 523M +84.19M +19.19%
1994 439M −11.17M −2.48%
1993 450M −14.35M −3.09%
1992 464M

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.