Remittances received — all countries

Remittances received — High-income countries

Remittances received in high-income countries in 2024 — 198,997,752,829 US$. Since 2002, the indicator has risen by 255.8%.

2024 199B US$ +2.62% vs 2023
World rank
Period maximum 199B US$2024
Period minimum 55.92B US$2002

Trend over time

2002–2024 · US$

Remittances received — High-income countries, 2002–2024050B100B150B200B200220052008201120142017202020232002: 55,922,918,715 US$2003: 66,856,636,246 US$2004: 78,255,417,755 US$2005: 87,362,231,413 US$2006: 97,886,511,536 US$2007: 115,682,943,388 US$2008: 133,724,798,111 US$2009: 126,521,187,616 US$2010: 126,291,906,166 US$2011: 141,326,954,189 US$2012: 137,655,083,209 US$2013: 153,877,427,877 US$2014: 160,896,571,632 US$2015: 147,797,303,304 US$2016: 149,133,604,911 US$2017: 158,398,318,954 US$2018: 167,871,968,600 US$2019: 171,252,167,468 US$2020: 168,809,043,873 US$2021: 182,087,908,780 US$2022: 176,229,709,181 US$2023: 193,918,559,756 US$2024: 198,997,752,829 US$
Change over the period: +143B (+255.84%) Average annual rate: 5.94 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: High-income countries

High-income countries 199B US$
World 857B US$
Remittances received — High-income countries, by year High-income countries All countries CSV XLSX
Year US$ Change Change, %
2024 199B +5.08B +2.62%
2023 194B +17.69B +10.04%
2022 176B −5.86B −3.22%
2021 182B +13.28B +7.87%
2020 169B −2.44B −1.43%
2019 171B +3.38B +2.01%
2018 168B +9.47B +5.98%
2017 158B +9.26B +6.21%
2016 149B +1.34B +0.9%
2015 148B −13.1B −8.14%
2014 161B +7.02B +4.56%
2013 154B +16.22B +11.78%
2012 138B −3.67B −2.6%
2011 141B +15.04B +11.9%
2010 126B −229M −0.18%
2009 127B −7.2B −5.39%
2008 134B +18.04B +15.6%
2007 116B +17.8B +18.18%
2006 97.89B +10.52B +12.05%
2005 87.36B +9.11B +11.64%
2004 78.26B +11.4B +17.05%
2003 66.86B +10.93B +19.55%
2002 55.92B

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.