Remittances received — all countries

Remittances received — Senegal

Remittances received in Senegal in 2023 — 3,267,137,361 US$. Ranked 52 in the world out of 173. Since 1974, the indicator has risen by 38,261.7%.

2023 3.27B US$ +12.25% vs 2022
World rank 52of 173
Period maximum 3.27B US$2023
Period minimum 8.52M US$1974

Trend over time

1974–2023 · US$

Remittances received — Senegal, 1974–202301B2B3B4B197419791984198919941999200420092014201920231974: 8,516,661 US$1975: 26,316,662 US$1976: 45,992,790 US$1977: 43,064,205 US$1978: 55,615,662 US$1979: 56,270,721 US$1980: 77,054,306 US$1981: 68,192,329 US$1982: 66,310,364 US$1983: 58,966,156 US$1984: 53,758,190 US$1985: 79,418,968 US$1986: 108,949,921 US$1987: 117,822,601 US$1988: 117,543,091 US$1989: 112,755,684 US$1990: 142,067,581 US$1991: 162,562,485 US$1992: 175,676,010 US$1993: 170,008,347 US$1994: 113,831,894 US$1995: 146,028,709 US$1996: 150,479,199 US$1997: 150,465,322 US$1998: 147,418,829 US$1999: 186,030,797 US$2000: 234,066,647 US$2001: 304,944,980 US$2002: 346,122,851 US$2003: 512,080,217 US$2004: 634,031,645 US$2005: 789,138,740 US$2006: 926,064,835 US$2007: 1,193,376,016 US$2008: 1,482,085,064 US$2009: 1,355,834,397 US$2010: 1,479,119,820 US$2011: 1,616,025,933 US$2012: 1,576,225,069 US$2013: 1,777,897,284 US$2014: 1,931,624,793 US$2015: 1,757,754,462 US$2016: 1,980,581,470 US$2017: 2,148,911,385 US$2018: 2,427,531,906 US$2019: 2,525,650,779 US$2020: 2,607,382,543 US$2021: 3,096,612,365 US$2022: 2,910,590,307 US$2023: 3,267,137,361 US$
Change over the period: +3.26B (+38,261.72%) Average annual rate: 12.91 %

Comparison, 2023

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

Senegal 3.27B US$
World 796B US$
Sub-Saharan Africa 52.16B US$
Western Africa computed 32.12B US$
Lower-middle-income countries computed 375B US$
Remittances received — Senegal, by year Senegal All countries CSV XLSX
Year US$ Change Change, %
2023 3.27B +357M +12.25%
2022 2.91B −186M −6.01%
2021 3.1B +489M +18.76%
2020 2.61B +81.73M +3.24%
2019 2.53B +98.12M +4.04%
2018 2.43B +279M +12.97%
2017 2.15B +168M +8.5%
2016 1.98B +223M +12.68%
2015 1.76B −174M −9%
2014 1.93B +154M +8.65%
2013 1.78B +202M +12.79%
2012 1.58B −39.8M −2.46%
2011 1.62B +137M +9.26%
2010 1.48B +123M +9.09%
2009 1.36B −126M −8.52%
2008 1.48B +289M +24.19%
2007 1.19B +267M +28.87%
2006 926M +137M +17.35%
2005 789M +155M +24.46%
2004 634M +122M +23.81%
2003 512M +166M +47.95%
2002 346M +41.18M +13.5%
2001 305M +70.88M +30.28%
2000 234M +48.04M +25.82%
1999 186M +38.61M +26.19%
1998 147M −3.05M −2.02%
1997 150M −13,877 −0.01%
1996 150M +4.45M +3.05%
1995 146M +32.2M +28.28%
1994 114M −56.18M −33.04%
1993 170M −5.67M −3.23%
1992 176M +13.11M +8.07%
1991 163M +20.49M +14.43%
1990 142M +29.31M +26%
1989 113M −4.79M −4.07%
1988 118M −279,511 −0.24%
1987 118M +8.87M +8.14%
1986 109M +29.53M +37.18%
1985 79.42M +25.66M +47.73%
1984 53.76M −5.21M −8.83%
1983 58.97M −7.34M −11.08%
1982 66.31M −1.88M −2.76%
1981 68.19M −8.86M −11.5%
1980 77.05M +20.78M +36.93%
1979 56.27M +655,060 +1.18%
1978 55.62M +12.55M +29.15%
1977 43.06M −2.93M −6.37%
1976 45.99M +19.68M +74.77%
1975 26.32M +17.8M +209%
1974 8.52M

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.