Remittances received in low-income countries in 2023 — 15,956,590,201 US$. Since 1999, the indicator has risen by 420.5%.
1999–2023 · US$
How the value compares with the world and the groups this territory belongs to: Low-income countries
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2023 | 15.96B | −300M | −1.84% |
| 2022 | 16.26B | +2.68B | +19.74% |
| 2021 | 13.58B | +1.09B | +8.76% |
| 2020 | 12.48B | −52.85M | −0.42% |
| 2019 | 12.54B | −724M | −5.46% |
| 2018 | 13.26B | +2.91B | +28.05% |
| 2017 | 10.36B | −3.3B | −24.19% |
| 2016 | 13.66B | −81.13M | −0.59% |
| 2015 | 13.74B | +663M | +5.07% |
| 2014 | 13.08B | +1.05B | +8.7% |
| 2013 | 12.03B | +800M | +7.12% |
| 2012 | 11.23B | +1.94B | +20.86% |
| 2011 | 9.29B | −686M | −6.87% |
| 2010 | 9.98B | +1.88B | +23.16% |
| 2009 | 8.1B | −418M | −4.91% |
| 2008 | 8.52B | +1.76B | +25.99% |
| 2007 | 6.76B | +1.21B | +21.71% |
| 2006 | 5.56B | +467M | +9.18% |
| 2005 | 5.09B | −535M | −9.51% |
| 2004 | 5.62B | +491M | +9.57% |
| 2003 | 5.13B | — | — |
| 2000 | 3.24B | +175M | +5.72% |
| 1999 | 3.07B | — | — |
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.