Remittances received in Southern Africa in 2024 — 1,589,334,504 US$. Since 1975, the indicator has risen by 662.5%.
1975–2024 · US$
How the value compares with the world and the groups this territory belongs to: Southern Africa
| Year | US$ | Change | Change, % |
|---|---|---|---|
| 2024 | 1.59B | +72.36M | +4.77% |
| 2023 | 1.52B | −148M | −8.91% |
| 2022 | 1.67B | +8.44M | +0.51% |
| 2021 | 1.66B | +179M | +12.11% |
| 2020 | 1.48B | −185M | −11.12% |
| 2019 | 1.66B | −62.51M | −3.62% |
| 2018 | 1.73B | +72.72M | +4.4% |
| 2017 | 1.65B | +252M | +18.02% |
| 2016 | 1.4B | +54.71M | +4.07% |
| 2015 | 1.35B | −197M | −12.75% |
| 2014 | 1.54B | −66.54M | −4.14% |
| 2013 | 1.61B | −217M | −11.89% |
| 2012 | 1.83B | −145M | −7.34% |
| 2011 | 1.97B | +145M | +7.91% |
| 2010 | 1.83B | +231M | +14.47% |
| 2009 | 1.6B | +85.58M | +5.67% |
| 2008 | 1.51B | −124M | −7.59% |
| 2007 | 1.63B | +112M | +7.34% |
| 2006 | 1.52B | +78.15M | +5.41% |
| 2005 | 1.44B | +172M | +13.55% |
| 2004 | 1.27B | +219M | +20.85% |
| 2003 | 1.05B | +324M | +44.58% |
| 2002 | 728M | −34.35M | −4.51% |
| 2001 | 762M | −125M | −14.07% |
| 2000 | 887M | −51.26M | −5.46% |
| 1999 | 938M | −77.62M | −7.64% |
| 1998 | 1.02B | −172M | −14.5% |
| 1997 | 1.19B | +49.89M | +4.38% |
| 1996 | 1.14B | −184M | −13.92% |
| 1995 | 1.32B | −71.43M | −5.13% |
| 1994 | 1.39B | +83.03M | +6.34% |
| 1993 | 1.31B | −151M | −10.31% |
| 1992 | 1.46B | +104M | +7.63% |
| 1991 | 1.36B | +11.36M | +0.84% |
| 1990 | 1.35B | +219M | +19.38% |
| 1989 | 1.13B | +58.86M | +5.51% |
| 1988 | 1.07B | −60.02M | −5.32% |
| 1987 | 1.13B | +384M | +51.61% |
| 1986 | 744M | +45.81M | +6.56% |
| 1985 | 699M | −235M | −25.19% |
| 1984 | 934M | −132M | −12.38% |
| 1983 | 1.07B | +81.98M | +8.33% |
| 1982 | 984M | +492M | +100.01% |
| 1981 | 492M | +48.99M | +11.06% |
| 1980 | 443M | +104M | +30.76% |
| 1979 | 339M | +45.86M | +15.66% |
| 1978 | 293M | +18.03M | +6.56% |
| 1977 | 275M | +36.92M | +15.52% |
| 1976 | 238M | +29.49M | +14.15% |
| 1975 | 208M | — | — |
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.