Remittances received in Equatorial Guinea in 1996 — 164,206 US$. Ranked 142 in the world out of 142. Since 1992, the indicator has fallen by 87.5%.
1992–1996 · US$
How the value compares with the world and the groups this territory belongs to: Equatorial Guinea
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 1996 | 164,206 | +64,035 | +63.93% |
| 1995 | 100,171 | −406,115 | −80.21% |
| 1994 | 506,285 | −406,115 | −44.51% |
| 1993 | 912,400 | −406,115 | −30.8% |
| 1992 | 1.32M | — | — |
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.
Finance Development aid receivedHow much official development assistance a country receives — in grants and concessional loans.
