Remittances received — all countries

Remittances received — Ethiopia

Remittances received in Ethiopia in 2024 — 7,137,687,013 US$. Ranked 28 in the world out of 160. Since 1977, the indicator has risen by 160,498%.

2024 7.14B US$ +1,223.36% vs 2023
World rank 28of 160
Period maximum 7.14B US$2024
Period minimum 4.44M US$1977

Trend over time

1977–2024 · US$

Remittances received — Ethiopia, 1977–202402B4B6B8B19771982198719921997200220072012201720221977: 4,444,445 US$1978: 7,149,758 US$1979: 8,695,652 US$1980: 12,222,222 US$1981: 10,483,091 US$1982: 10,193,236 US$1983: 11,014,493 US$1984: 11,497,584 US$1985: 14,202,899 US$1986: 13,574,880 US$1987: 8,550,725 US$1988: 11,304,348 US$1989: 6,473,430 US$1990: 5,217,391 US$1991: 9,758,454 US$1992: 15,019,131 US$1993: 18,379,999 US$1994: 24,625,669 US$1995: 27,359,669 US$1996: 16,012,210 US$1997: 9,232,460 US$1998: 27,313,236 US$1999: 33,729,647 US$2000: 53,158,882 US$2001: 18,313,718 US$2002: 32,986,894 US$2003: 46,470,192 US$2004: 133,742,806 US$2005: 173,519,406 US$2006: 172,153,314 US$2007: 357,838,225 US$2008: 386,696,266 US$2009: 261,601,951 US$2010: 436,143,876 US$2011: 538,339,895 US$2012: 624,360,670 US$2013: 833,031,317 US$2014: 1,796,377,787 US$2015: 1,086,986,751 US$2016: 772,235,947 US$2017: 393,379,170 US$2018: 436,325,463 US$2019: 479,624,165 US$2020: 404,088,320 US$2021: 447,647,084 US$2022: 510,201,215 US$2023: 539,360,389 US$2024: 7,137,687,013 US$
Change over the period: +7.13B (+160,497.95%) Average annual rate: 17.01 %

Comparison, 2024

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

Ethiopia 7.14B US$
World 857B US$
Sub-Saharan Africa 57.23B US$
Eastern Africa computed 20.5B US$
Remittances received — Ethiopia, by year Ethiopia All countries CSV XLSX
Year US$ Change Change, %
2024 7.14B +6.6B +1,223.36%
2023 539M +29.16M +5.72%
2022 510M +62.55M +13.97%
2021 448M +43.56M +10.78%
2020 404M −75.54M −15.75%
2019 480M +43.3M +9.92%
2018 436M +42.95M +10.92%
2017 393M −379M −49.06%
2016 772M −315M −28.96%
2015 1.09B −709M −39.49%
2014 1.8B +963M +115.64%
2013 833M +209M +33.42%
2012 624M +86.02M +15.98%
2011 538M +102M +23.43%
2010 436M +175M +66.72%
2009 262M −125M −32.35%
2008 387M +28.86M +8.06%
2007 358M +186M +107.86%
2006 172M −1.37M −0.79%
2005 174M +39.78M +29.74%
2004 134M +87.27M +187.8%
2003 46.47M +13.48M +40.87%
2002 32.99M +14.67M +80.12%
2001 18.31M −34.85M −65.55%
2000 53.16M +19.43M +57.6%
1999 33.73M +6.42M +23.49%
1998 27.31M +18.08M +195.84%
1997 9.23M −6.78M −42.34%
1996 16.01M −11.35M −41.48%
1995 27.36M +2.73M +11.1%
1994 24.63M +6.25M +33.98%
1993 18.38M +3.36M +22.38%
1992 15.02M +5.26M +53.91%
1991 9.76M +4.54M +87.04%
1990 5.22M −1.26M −19.4%
1989 6.47M −4.83M −42.74%
1988 11.3M +2.75M +32.2%
1987 8.55M −5.02M −37.01%
1986 13.57M −628,019 −4.42%
1985 14.2M +2.71M +23.53%
1984 11.5M +483,091 +4.39%
1983 11.01M +821,257 +8.06%
1982 10.19M −289,855 −2.76%
1981 10.48M −1.74M −14.23%
1980 12.22M +3.53M +40.56%
1979 8.7M +1.55M +21.62%
1978 7.15M +2.71M +60.87%
1977 4.44M

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.