Remittances received — all countries

Remittances received — Rwanda

Remittances received in Rwanda in 2024 — 517,043,903 US$. Ranked 106 in the world out of 160. Since 1976, the indicator has risen by 208,898.5%.

2024 517M US$ −0.2% vs 2023
World rank 106of 160
Period maximum 518M US$2023
Period minimum 247,391 US$1976

Trend over time

1976–2024 · US$

Remittances received — Rwanda, 1976–20240200M400M600M197619811986199119962001200620112016202120241976: 247,391 US$1977: 1,177,880 US$1978: 2,167,891 US$1979: 4,787,134 US$1980: 3,381,209 US$1981: 3,900,858 US$1982: 7,178,167 US$1983: 3,434,140 US$1984: 2,943,146 US$1985: 2,864,348 US$1986: 4,018,682 US$1987: 4,480,205 US$1988: 3,806,522 US$1989: 3,955,135 US$1990: 2,628,306 US$1991: 3,547,339 US$1992: 1,844,129 US$1993: 3,931,030 US$1994: 12,528,777 US$1995: 21,126,524 US$1996: 13,181,734 US$1997: 5,236,945 US$1998: 4,277,427 US$1999: 3,317,910 US$2000: 6,626,257 US$2001: 7,850,031 US$2002: 7,210,000 US$2003: 9,618,446 US$2004: 9,809,776 US$2010: 106,471,877 US$2011: 174,202,486 US$2012: 182,402,478 US$2013: 170,199,423 US$2014: 183,593,636 US$2015: 159,199,957 US$2016: 172,516,841 US$2017: 215,292,395 US$2018: 260,511,616 US$2019: 260,710,295 US$2020: 280,069,130 US$2021: 391,212,400 US$2022: 474,156,654 US$2023: 518,060,502 US$2024: 517,043,903 US$
Change over the period: +517M (+208,898.51%) Average annual rate: 17.27 %

Comparison, 2024

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

Rwanda 517M US$
World 857B US$
Sub-Saharan Africa 57.23B US$
Eastern Africa computed 20.5B US$
Remittances received — Rwanda, by year Rwanda All countries CSV XLSX
Year US$ Change Change, %
2024 517M −1.02M −0.2%
2023 518M +43.9M +9.26%
2022 474M +82.94M +21.2%
2021 391M +111M +39.68%
2020 280M +19.36M +7.43%
2019 261M +198,679 +0.08%
2018 261M +45.22M +21%
2017 215M +42.78M +24.8%
2016 173M +13.32M +8.36%
2015 159M −24.39M −13.29%
2014 184M +13.39M +7.87%
2013 170M −12.2M −6.69%
2012 182M +8.2M +4.71%
2011 174M +67.73M +63.61%
2010 106M
2004 9.81M +191,330 +1.99%
2003 9.62M +2.41M +33.4%
2002 7.21M −640,031 −8.15%
2001 7.85M +1.22M +18.47%
2000 6.63M +3.31M +99.71%
1999 3.32M −959,518 −22.43%
1998 4.28M −959,518 −18.32%
1997 5.24M −7.94M −60.27%
1996 13.18M −7.94M −37.61%
1995 21.13M +8.6M +68.62%
1994 12.53M +8.6M +218.71%
1993 3.93M +2.09M +113.16%
1992 1.84M −1.7M −48.01%
1991 3.55M +919,033 +34.97%
1990 2.63M −1.33M −33.55%
1989 3.96M +148,612 +3.9%
1988 3.81M −673,683 −15.04%
1987 4.48M +461,524 +11.48%
1986 4.02M +1.15M +40.3%
1985 2.86M −78,797 −2.68%
1984 2.94M −490,994 −14.3%
1983 3.43M −3.74M −52.16%
1982 7.18M +3.28M +84.02%
1981 3.9M +519,649 +15.37%
1980 3.38M −1.41M −29.37%
1979 4.79M +2.62M +120.82%
1978 2.17M +990,011 +84.05%
1977 1.18M +930,488 +376.12%
1976 247,391

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.