Remittances received — all countries

Remittances received — Eastern Asia

Remittances received in Eastern Asia in 2024 — 38,029,938,714 US$. Since 1998, the indicator has risen by 532.6%.

2024 38.03B US$ +7.33% vs 2023
World rank
Period maximum 43.58B US$2015
Period minimum 5.57B US$1999

Trend over time

1998–2024 · US$

Remittances received — Eastern Asia, 1998–2024020B40B60B19982001200420072010201320162019202220241998: 6,011,899,517 US$1999: 5,566,902,129 US$2000: 6,191,628,221 US$2001: 7,154,276,222 US$2002: 8,850,583,041 US$2003: 11,558,460,237 US$2004: 13,845,694,158 US$2005: 9,969,303,003 US$2006: 10,850,671,754 US$2007: 13,921,242,559 US$2008: 18,478,567,228 US$2009: 17,399,314,949 US$2010: 21,826,875,335 US$2011: 25,951,874,478 US$2012: 26,931,859,698 US$2013: 27,295,389,964 US$2014: 40,882,348,822 US$2015: 43,580,862,696 US$2016: 37,924,285,304 US$2017: 40,390,229,109 US$2018: 36,707,403,103 US$2019: 26,879,785,445 US$2020: 28,151,558,385 US$2021: 31,199,790,565 US$2022: 34,600,707,731 US$2023: 35,432,256,764 US$2024: 38,029,938,714 US$
Change over the period: +32.02B (+532.58%) Average annual rate: 7.35 %

Comparison, 2024

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

Eastern Asia 38.03B US$
World 857B US$
Remittances received — Eastern Asia, by year Eastern Asia All countries CSV XLSX
Year US$ Change Change, %
2024 38.03B +2.6B +7.33%
2023 35.43B +832M +2.4%
2022 34.6B +3.4B +10.9%
2021 31.2B +3.05B +10.83%
2020 28.15B +1.27B +4.73%
2019 26.88B −9.83B −26.77%
2018 36.71B −3.68B −9.12%
2017 40.39B +2.47B +6.5%
2016 37.92B −5.66B −12.98%
2015 43.58B +2.7B +6.6%
2014 40.88B +13.59B +49.78%
2013 27.3B +364M +1.35%
2012 26.93B +980M +3.78%
2011 25.95B +4.12B +18.9%
2010 21.83B +4.43B +25.45%
2009 17.4B −1.08B −5.84%
2008 18.48B +4.56B +32.74%
2007 13.92B +3.07B +28.3%
2006 10.85B +881M +8.84%
2005 9.97B −3.88B −28%
2004 13.85B +2.29B +19.79%
2003 11.56B +2.71B +30.6%
2002 8.85B +1.7B +23.71%
2001 7.15B +963M +15.55%
2000 6.19B +625M +11.22%
1999 5.57B −445M −7.4%
1998 6.01B

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.