Remittances received — all countries

Remittances received — Middle Africa

Remittances received in Middle Africa in 2015 — 1,487,624,593 US$. Since 1985, the indicator has risen by 11,125.9%.

2015 1.49B US$ +27.3% vs 2014
World rank
Period maximum 1.49B US$2015
Period minimum 13.25M US$1985

Trend over time

1985–2015 · US$

Remittances received — Middle Africa, 1985–20150500M1B1.5B198519881991199419972000200320062009201220151985: 13,251,674 US$1986: 25,347,676 US$1987: 14,532,561 US$1988: 17,319,094 US$1989: 38,102,938 US$1992: 33,319,024 US$1993: 29,061,922 US$2008: 304,825,943 US$2009: 254,710,038 US$2010: 226,572,316 US$2011: 1,438,146,745 US$2012: 1,203,900,159 US$2013: 1,397,275,080 US$2014: 1,168,607,379 US$2015: 1,487,624,593 US$
Change over the period: +1.47B (+11,125.94%) Average annual rate: 17.04 %

Comparison, 2015

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

Middle Africa 1.49B US$
World 544B US$
Remittances received — Middle Africa, by year Middle Africa All countries CSV XLSX
Year US$ Change Change, %
2015 1.49B +319M +27.3%
2014 1.17B −229M −16.37%
2013 1.4B +193M +16.06%
2012 1.2B −234M −16.29%
2011 1.44B +1.21B +534.74%
2010 227M −28.14M −11.05%
2009 255M −50.12M −16.44%
2008 305M
1993 29.06M −4.26M −12.78%
1992 33.32M
1989 38.1M +20.78M +120.01%
1988 17.32M +2.79M +19.17%
1987 14.53M −10.82M −42.67%
1986 25.35M +12.1M +91.28%
1985 13.25M

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.