Remittances received in Northern Europe in 2024 — 16,324,549,831 US$. Since 1994, the indicator has risen by 399.4%.
1994–2024 · US$
How the value compares with the world and the groups this territory belongs to: Northern Europe
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2024 | 16.32B | +1.24B | +8.2% |
| 2023 | 15.09B | +1.14B | +8.18% |
| 2022 | 13.95B | +1.41B | +11.27% |
| 2021 | 12.53B | +672M | +5.66% |
| 2020 | 11.86B | −2.41B | −16.87% |
| 2019 | 14.27B | −291M | −2% |
| 2018 | 14.56B | +282M | +1.98% |
| 2017 | 14.28B | +606M | +4.43% |
| 2016 | 13.67B | −1.22B | −8.2% |
| 2015 | 14.89B | −2.44B | −14.08% |
| 2014 | 17.33B | +252M | +1.47% |
| 2013 | 17.08B | +663M | +4.03% |
| 2012 | 16.42B | −1.64B | −9.08% |
| 2011 | 18.06B | +2.21B | +13.92% |
| 2010 | 15.85B | −91.02M | −0.57% |
| 2009 | 15.94B | −1.8B | −10.17% |
| 2008 | 17.75B | +2.38B | +15.49% |
| 2007 | 15.37B | +2.29B | +17.47% |
| 2006 | 13.08B | +1.32B | +11.25% |
| 2005 | 11.76B | +530M | +4.72% |
| 2004 | 11.23B | +1.57B | +16.25% |
| 2003 | 9.66B | +1.66B | +20.68% |
| 2002 | 8B | +315M | +4.1% |
| 2001 | 7.69B | +130M | +1.72% |
| 2000 | 7.56B | −217M | −2.79% |
| 1999 | 7.78B | +4.41B | +131.04% |
| 1998 | 3.37B | −381M | −10.17% |
| 1997 | 3.75B | +473M | +14.44% |
| 1996 | 3.27B | +398M | +13.85% |
| 1995 | 2.88B | −393M | −12.02% |
| 1994 | 3.27B | — | — |
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.