Remittances received — all countries

Remittances received — Western Asia

Remittances received in Western Asia in 2024 — 18,800,849,353 US$. Since 1997, the indicator has risen by 116.4%.

2024 18.8B US$ −36.19% vs 2023
World rank
Period maximum 30.69B US$2022
Period minimum 7.91B US$2001

Trend over time

1997–2024 · US$

Remittances received — Western Asia, 1997–2024010B20B30B40B19972000200320062009201220152018202120241997: 8,687,105,364 US$1998: 10,147,002,544 US$1999: 9,575,391,638 US$2000: 9,448,550,533 US$2001: 7,912,154,889 US$2002: 9,696,014,371 US$2003: 11,124,402,196 US$2004: 12,982,831,577 US$2005: 14,507,288,437 US$2006: 16,084,387,828 US$2007: 18,824,752,080 US$2008: 22,996,544,950 US$2009: 21,434,364,431 US$2010: 22,585,494,238 US$2011: 22,649,220,236 US$2012: 25,811,739,309 US$2013: 28,322,092,663 US$2014: 29,092,342,271 US$2015: 26,595,302,907 US$2016: 25,660,455,736 US$2017: 22,957,563,900 US$2018: 23,331,907,930 US$2019: 24,328,641,068 US$2020: 22,888,147,957 US$2021: 26,335,571,463 US$2022: 30,689,112,241 US$2023: 29,464,201,265 US$2024: 18,800,849,353 US$
Change over the period: +10.11B (+116.42%) Average annual rate: 2.9 %

Comparison, 2024

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

Western Asia 18.8B US$
World 857B US$
Remittances received — Western Asia, by year Western Asia All countries CSV XLSX
Year US$ Change Change, %
2024 18.8B −10.66B −36.19%
2023 29.46B −1.22B −3.99%
2022 30.69B +4.35B +16.53%
2021 26.34B +3.45B +15.06%
2020 22.89B −1.44B −5.92%
2019 24.33B +997M +4.27%
2018 23.33B +374M +1.63%
2017 22.96B −2.7B −10.53%
2016 25.66B −935M −3.52%
2015 26.6B −2.5B −8.58%
2014 29.09B +770M +2.72%
2013 28.32B +2.51B +9.73%
2012 25.81B +3.16B +13.96%
2011 22.65B +63.73M +0.28%
2010 22.59B +1.15B +5.37%
2009 21.43B −1.56B −6.79%
2008 23B +4.17B +22.16%
2007 18.82B +2.74B +17.04%
2006 16.08B +1.58B +10.87%
2005 14.51B +1.52B +11.74%
2004 12.98B +1.86B +16.71%
2003 11.12B +1.43B +14.73%
2002 9.7B +1.78B +22.55%
2001 7.91B −1.54B −16.26%
2000 9.45B −127M −1.32%
1999 9.58B −572M −5.63%
1998 10.15B +1.46B +16.81%
1997 8.69B

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.