Remittances received — all countries

Remittances received — Sierra Leone

Remittances received in Sierra Leone in 2024 — 320,825,634 US$. Ranked 116 in the world out of 160. Since 1980, the indicator has risen by 336,702%.

2024 321M US$ +9.5% vs 2023
World rank 116of 160
Period maximum 321M US$2024
Period minimum 27,072 US$1990

Trend over time

1980–2024 · US$

Remittances received — Sierra Leone, 1980–20240100M200M300M400M19801985199019952000200520102015202020241980: 95,256 US$1981: 87,995 US$1982: 80,733 US$1983: 53,041 US$1984: 79,683 US$1985: 39,261 US$1986: 57,818 US$1987: 76,375 US$1988: 79,965 US$1989: 51,828 US$1990: 27,072 US$1991: 27,764 US$1992: 65,673 US$1993: 57,802 US$1994: 55,902 US$1995: 23,673,630 US$1996: 25,246,638 US$1997: 5,984,620 US$1998: 20,330,605 US$1999: 22,476,894 US$2000: 7,134,994 US$2001: 6,215,278 US$2002: 21,815,455 US$2003: 25,889,258 US$2004: 24,714,834 US$2005: 2,435,105 US$2006: 15,622,339 US$2007: 41,973,856 US$2008: 22,578,604 US$2009: 35,896,004 US$2010: 44,218,584 US$2011: 58,811,616 US$2012: 64,534,081 US$2013: 69,660,699 US$2014: 62,430,105 US$2015: 48,163,695 US$2016: 58,233,775 US$2017: 63,556,910 US$2018: 73,220,119 US$2019: 177,493,122 US$2020: 177,032,814 US$2021: 183,788,290 US$2022: 291,169,757 US$2023: 293,001,736 US$2024: 320,825,634 US$
Change over the period: +321M (+336,701.99%) Average annual rate: 20.27 %

Comparison, 2024

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

Sierra Leone 321M US$
World 857B US$
Sub-Saharan Africa 57.23B US$
Western Africa computed 32.37B US$
Remittances received — Sierra Leone, by year Sierra Leone All countries CSV XLSX
Year US$ Change Change, %
2024 321M +27.82M +9.5%
2023 293M +1.83M +0.63%
2022 291M +107M +58.43%
2021 184M +6.76M +3.82%
2020 177M −460,309 −0.26%
2019 177M +104M +142.41%
2018 73.22M +9.66M +15.2%
2017 63.56M +5.32M +9.14%
2016 58.23M +10.07M +20.91%
2015 48.16M −14.27M −22.85%
2014 62.43M −7.23M −10.38%
2013 69.66M +5.13M +7.94%
2012 64.53M +5.72M +9.73%
2011 58.81M +14.59M +33%
2010 44.22M +8.32M +23.19%
2009 35.9M +13.32M +58.98%
2008 22.58M −19.4M −46.21%
2007 41.97M +26.35M +168.68%
2006 15.62M +13.19M +541.55%
2005 2.44M −22.28M −90.15%
2004 24.71M −1.17M −4.54%
2003 25.89M +4.07M +18.67%
2002 21.82M +15.6M +251%
2001 6.22M −919,716 −12.89%
2000 7.13M −15.34M −68.26%
1999 22.48M +2.15M +10.56%
1998 20.33M +14.35M +239.71%
1997 5.98M −19.26M −76.3%
1996 25.25M +1.57M +6.64%
1995 23.67M +23.62M +42,248.35%
1994 55,902 −1,899 −3.29%
1993 57,802 −7,872 −11.99%
1992 65,673 +37,909 +136.54%
1991 27,764 +692 +2.56%
1990 27,072 −24,756 −47.77%
1989 51,828 −28,137 −35.19%
1988 79,965 +3,590 +4.7%
1987 76,375 +18,557 +32.1%
1986 57,818 +18,557 +47.27%
1985 39,261 −40,422 −50.73%
1984 79,683 +26,642 +50.23%
1983 53,041 −27,692 −34.3%
1982 80,733 −7,262 −8.25%
1981 87,995 −7,262 −7.62%
1980 95,256

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.