Remittances received — all countries

Remittances received — Nepal

Remittances received in Nepal in 2024 — 11,254,463,372 US$. Ranked 20 in the world out of 160. Since 1993, the indicator has risen by 20,427.9%.

2024 11.25B US$ +4.55% vs 2023
World rank 20of 160
Period maximum 11.25B US$2024
Period minimum 44.16M US$1996

Trend over time

1993–2024 · US$

Remittances received — Nepal, 1993–202405B10B15B1993199720012005200920132017202120241993: 54,825,104 US$1994: 50,118,519 US$1995: 56,822,667 US$1996: 44,160,126 US$1997: 49,458,058 US$1998: 67,504,903 US$1999: 83,462,780 US$2000: 111,498,192 US$2001: 146,985,152 US$2002: 678,485,892 US$2003: 771,072,126 US$2004: 822,608,955 US$2005: 1,211,823,253 US$2006: 1,453,231,426 US$2007: 1,733,858,518 US$2008: 2,727,140,487 US$2009: 2,983,336,877 US$2010: 3,464,092,682 US$2011: 4,216,894,010 US$2012: 4,792,506,200 US$2013: 5,583,702,128 US$2014: 5,888,650,155 US$2015: 6,729,935,671 US$2016: 6,611,838,544 US$2017: 6,928,133,767 US$2018: 8,286,629,516 US$2019: 8,244,465,869 US$2020: 8,107,744,662 US$2021: 8,225,960,575 US$2022: 9,411,659,366 US$2023: 10,764,412,528 US$2024: 11,254,463,372 US$
Change over the period: +11.2B (+20,427.94%) Average annual rate: 18.74 %

Comparison, 2024

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

Nepal 11.25B US$
World 857B US$
South Asia 183B US$
Southern Asia computed 218B US$
Lower-middle-income countries computed 416B US$
Remittances received — Nepal, by year Nepal All countries CSV XLSX
Year US$ Change Change, %
2024 11.25B +490M +4.55%
2023 10.76B +1.35B +14.37%
2022 9.41B +1.19B +14.41%
2021 8.23B +118M +1.46%
2020 8.11B −137M −1.66%
2019 8.24B −42.16M −0.51%
2018 8.29B +1.36B +19.61%
2017 6.93B +316M +4.78%
2016 6.61B −118M −1.75%
2015 6.73B +841M +14.29%
2014 5.89B +305M +5.46%
2013 5.58B +791M +16.51%
2012 4.79B +576M +13.65%
2011 4.22B +753M +21.73%
2010 3.46B +481M +16.11%
2009 2.98B +256M +9.39%
2008 2.73B +993M +57.29%
2007 1.73B +281M +19.31%
2006 1.45B +241M +19.92%
2005 1.21B +389M +47.31%
2004 823M +51.54M +6.68%
2003 771M +92.59M +13.65%
2002 678M +532M +361.6%
2001 147M +35.49M +31.83%
2000 111M +28.04M +33.59%
1999 83.46M +15.96M +23.64%
1998 67.5M +18.05M +36.49%
1997 49.46M +5.3M +12%
1996 44.16M −12.66M −22.28%
1995 56.82M +6.7M +13.38%
1994 50.12M −4.71M −8.58%
1993 54.83M

Southern 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.