Remittances received — all countries

Remittances received — Ukraine

Remittances received in Ukraine in 2024 — 12,000,000,000 US$. Ranked 17 in the world out of 160. Since 1996, the indicator has risen by 199,900%.

2024 12B US$ −19.82% vs 2023
World rank 17of 160
Period maximum 18.06B US$2021
Period minimum 6M US$1996

Trend over time

1996–2024 · US$

Remittances received — Ukraine, 1996–202405B10B15B20B19961999200220052008201120142017202020231996: 6,000,000 US$1997: 12,000,000 US$1998: 12,000,000 US$1999: 18,000,000 US$2000: 419,000,000 US$2001: 829,000,000 US$2002: 1,192,000,000 US$2003: 1,523,000,000 US$2004: 1,873,000,000 US$2005: 2,408,000,000 US$2006: 3,102,000,000 US$2007: 5,290,000,000 US$2008: 6,782,000,000 US$2009: 5,941,000,000 US$2010: 6,535,000,000 US$2011: 7,822,000,000 US$2012: 8,449,000,000 US$2013: 9,667,000,000 US$2014: 7,354,000,000 US$2015: 8,474,000,000 US$2016: 9,472,000,000 US$2017: 12,132,000,000 US$2018: 14,694,000,000 US$2019: 15,788,000,000 US$2020: 15,213,000,000 US$2021: 18,060,000,000 US$2022: 16,783,000,000 US$2023: 14,967,000,000 US$2024: 12,000,000,000 US$
Change over the period: +11.99B (+199,900%) Average annual rate: 31.19 %

Comparison, 2024

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

Ukraine 12B US$
World 857B US$
Eastern Europe computed 51.5B US$
Lower-middle-income countries computed 416B US$
Remittances received — Ukraine, by year Ukraine All countries CSV XLSX
Year US$ Change Change, %
2024 12B −2.97B −19.82%
2023 14.97B −1.82B −10.82%
2022 16.78B −1.28B −7.07%
2021 18.06B +2.85B +18.71%
2020 15.21B −575M −3.64%
2019 15.79B +1.09B +7.45%
2018 14.69B +2.56B +21.12%
2017 12.13B +2.66B +28.08%
2016 9.47B +998M +11.78%
2015 8.47B +1.12B +15.23%
2014 7.35B −2.31B −23.93%
2013 9.67B +1.22B +14.42%
2012 8.45B +627M +8.02%
2011 7.82B +1.29B +19.69%
2010 6.54B +594M +10%
2009 5.94B −841M −12.4%
2008 6.78B +1.49B +28.2%
2007 5.29B +2.19B +70.54%
2006 3.1B +694M +28.82%
2005 2.41B +535M +28.56%
2004 1.87B +350M +22.98%
2003 1.52B +331M +27.77%
2002 1.19B +363M +43.79%
2001 829M +410M +97.85%
2000 419M +401M +2,227.78%
1999 18M +6M +50%
1998 12M +0 +0%
1997 12M +6M +100%
1996 6M

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.