Remittances received in Eastern Africa in 2024 — 20,503,103,812 US$. Since 1999, the indicator has risen by 1,754.7%.
1999–2024 · US$
How the value compares with the world and the groups this territory belongs to: Eastern Africa
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2024 | 20.5B | +6.11B | +42.46% |
| 2023 | 14.39B | +2.2B | +18.01% |
| 2022 | 12.2B | +1.15B | +10.39% |
| 2021 | 11.05B | +2.2B | +24.79% |
| 2020 | 8.85B | +269M | +3.13% |
| 2019 | 8.58B | −958M | −10.04% |
| 2018 | 9.54B | +1.79B | +23.05% |
| 2017 | 7.75B | −300M | −3.72% |
| 2016 | 8.05B | −259M | −3.11% |
| 2015 | 8.31B | +517M | +6.63% |
| 2014 | 7.8B | +1.58B | +25.34% |
| 2013 | 6.22B | −28.47M | −0.46% |
| 2012 | 6.25B | +709M | +12.8% |
| 2011 | 5.54B | +974M | +21.32% |
| 2010 | 4.57B | +1.02B | +28.62% |
| 2009 | 3.55B | +1.08B | +43.85% |
| 2008 | 2.47B | +445M | +22.02% |
| 2007 | 2.02B | +445M | +28.22% |
| 2006 | 1.58B | +309M | +24.37% |
| 2005 | 1.27B | +208M | +19.6% |
| 2004 | 1.06B | +433M | +68.95% |
| 2003 | 628M | — | — |
| 2000 | 1.09B | −17.12M | −1.55% |
| 1999 | 1.11B | — | — |
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.