Remittances received — all countries

Remittances received — Lebanon

Remittances received in Lebanon in 2023 — 6,696,174,320 US$. Ranked 28 in the world out of 173. Since 2002, the indicator has risen by 163.2%.

2023 6.7B US$ +4.05% vs 2022
World rank 28of 173
Period maximum 7.61B US$2016
Period minimum 2.54B US$2002

Trend over time

2002–2023 · US$

Remittances received — Lebanon, 2002–202302B4B6B8B200220052008201120142017202020232002: 2,544,451,535 US$2003: 4,742,999,661 US$2004: 5,591,436,083 US$2005: 4,924,310,615 US$2006: 5,202,237,750 US$2007: 5,769,240,000 US$2008: 7,180,590,000 US$2009: 7,558,138,454 US$2010: 6,914,055,025 US$2011: 6,877,547,082 US$2012: 6,671,241,575 US$2013: 7,566,589,340 US$2014: 7,190,794,585 US$2015: 7,480,817,047 US$2016: 7,605,729,645 US$2017: 7,061,853,364 US$2018: 6,977,962,174 US$2019: 7,370,928,673 US$2020: 6,593,406,648 US$2021: 6,353,531,674 US$2022: 6,435,335,349 US$2023: 6,696,174,320 US$
Change over the period: +4.15B (+163.17%) Average annual rate: 4.72 %

Comparison, 2023

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

Lebanon 6.7B US$
World 796B US$
Western Asia computed 29.46B US$
Lower-middle-income countries computed 375B US$
Remittances received — Lebanon, by year Lebanon All countries CSV XLSX
Year US$ Change Change, %
2023 6.7B +261M +4.05%
2022 6.44B +81.8M +1.29%
2021 6.35B −240M −3.64%
2020 6.59B −778M −10.55%
2019 7.37B +393M +5.63%
2018 6.98B −83.89M −1.19%
2017 7.06B −544M −7.15%
2016 7.61B +125M +1.67%
2015 7.48B +290M +4.03%
2014 7.19B −376M −4.97%
2013 7.57B +895M +13.42%
2012 6.67B −206M −3%
2011 6.88B −36.51M −0.53%
2010 6.91B −644M −8.52%
2009 7.56B +378M +5.26%
2008 7.18B +1.41B +24.46%
2007 5.77B +567M +10.9%
2006 5.2B +278M +5.64%
2005 4.92B −667M −11.93%
2004 5.59B +848M +17.89%
2003 4.74B +2.2B +86.41%
2002 2.54B

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.