Remittances received — all countries

Remittances received — Laos

Remittances received in Laos in 2024 — 246,586,347 US$. Ranked 121 in the world out of 160. Since 1984, the indicator has risen by 8,706.7%.

2024 247M US$ −14.14% vs 2023
World rank 121of 160
Period maximum 297M US$2019
Period minimum 400,000 US$1995

Trend over time

1984–2024 · US$

Remittances received — Laos, 1984–20240100M200M300M198419881992199620002004200820122016202020241984: 2,800,000 US$1985: 3,500,000 US$1986: 3,700,000 US$1987: 3,500,000 US$1988: 6,700,000 US$1989: 8,300,000 US$1990: 10,900,000 US$1991: 10,400,000 US$1992: 10,800,000 US$1993: 12,100,000 US$1994: 10,000,000 US$1995: 400,000 US$1996: 500,000 US$1997: 500,000 US$1998: 600,000 US$1999: 600,000 US$2000: 660,000 US$2001: 694,575 US$2002: 729,304 US$2003: 765,769 US$2004: 804,057 US$2005: 830,000 US$2006: 4,237,233 US$2007: 6,203,733 US$2008: 17,774,603 US$2009: 37,576,335 US$2010: 41,774,225 US$2011: 110,297,813 US$2012: 202,988,749 US$2013: 170,436,768 US$2014: 188,048,240 US$2015: 189,212,314 US$2016: 189,361,894 US$2017: 242,708,578 US$2018: 239,879,527 US$2019: 296,516,567 US$2020: 232,166,104 US$2021: 219,524,485 US$2022: 239,756,138 US$2023: 287,186,439 US$2024: 246,586,347 US$
Change over the period: +244M (+8,706.66%) Average annual rate: 11.85 %

Comparison, 2024

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

Laos 247M US$
World 857B US$
South-Eastern Asia computed 70.67B US$
Lower-middle-income countries computed 416B US$
Remittances received — Laos, by year Laos All countries CSV XLSX
Year US$ Change Change, %
2024 247M −40.6M −14.14%
2023 287M +47.43M +19.78%
2022 240M +20.23M +9.22%
2021 220M −12.64M −5.45%
2020 232M −64.35M −21.7%
2019 297M +56.64M +23.61%
2018 240M −2.83M −1.17%
2017 243M +53.35M +28.17%
2016 189M +149,580 +0.08%
2015 189M +1.16M +0.62%
2014 188M +17.61M +10.33%
2013 170M −32.55M −16.04%
2012 203M +92.69M +84.04%
2011 110M +68.52M +164.03%
2010 41.77M +4.2M +11.17%
2009 37.58M +19.8M +111.4%
2008 17.77M +11.57M +186.51%
2007 6.2M +1.97M +46.41%
2006 4.24M +3.41M +410.51%
2005 830,000 +25,943 +3.23%
2004 804,057 +38,288 +5%
2003 765,769 +36,465 +5%
2002 729,304 +34,729 +5%
2001 694,575 +34,575 +5.24%
2000 660,000 +60,000 +10%
1999 600,000 +0 +0%
1998 600,000 +100,000 +20%
1997 500,000 +0 +0%
1996 500,000 +100,000 +25%
1995 400,000 −9.6M −96%
1994 10M −2.1M −17.36%
1993 12.1M +1.3M +12.04%
1992 10.8M +400,001 +3.85%
1991 10.4M −500,000 −4.59%
1990 10.9M +2.6M +31.33%
1989 8.3M +1.6M +23.88%
1988 6.7M +3.2M +91.43%
1987 3.5M −200,000 −5.41%
1986 3.7M +200,000 +5.71%
1985 3.5M +700,000 +25%
1984 2.8M

South-Eastern Asia, 2024

The same indicator for neighboring countries — with links to their pages

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.