Personal remittances, received (current US$) (Personal IMF balance) in Senegal
Senegal: Personal remittances, received (current US$) (Personal IMF balance) was 3.27 billion current US$ in 2023. ◆ Volatile
Personal remittances, received in Senegal, 1974–2023
Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.
Analysis
In 2023, personal remittances, received in Senegal stood at 3.27 billion current US$. That is the highest value across all 50 years on record.
That represents a change of up 12.2% on the previous year and up 83.8% over ten years.
Over the whole period, personal remittances, received in Senegal peaked at 3.27 billion current US$ in 2023 and was at its lowest, 8.52 million current US$, in 1974.
Senegal ranks 59th of 197 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received (current US$) (Personal IMF balance) in Senegal, year by year
| Year | current US$ | Change |
|---|---|---|
| 1974 | 8.52 million current US$ | — |
| 1975 | 26.32 million current US$ | +209.0% |
| 1976 | 45.99 million current US$ | +74.8% |
| 1977 | 43.06 million current US$ | -6.4% |
| 1978 | 55.62 million current US$ | +29.1% |
| 1979 | 56.27 million current US$ | +1.2% |
| 1980 | 77.05 million current US$ | +36.9% |
| 1981 | 68.19 million current US$ | -11.5% |
| 1982 | 66.31 million current US$ | -2.8% |
| 1983 | 58.97 million current US$ | -11.1% |
| 1984 | 53.76 million current US$ | -8.8% |
| 1985 | 79.42 million current US$ | +47.7% |
| 1986 | 108.95 million current US$ | +37.2% |
| 1987 | 117.82 million current US$ | +8.1% |
| 1988 | 117.54 million current US$ | -0.2% |
| 1989 | 112.76 million current US$ | -4.1% |
| 1990 | 142.07 million current US$ | +26.0% |
| 1991 | 162.56 million current US$ | +14.4% |
| 1992 | 175.68 million current US$ | +8.1% |
| 1993 | 170.01 million current US$ | -3.2% |
| 1994 | 113.83 million current US$ | -33.0% |
| 1995 | 146.03 million current US$ | +28.3% |
| 1996 | 150.48 million current US$ | +3.0% |
| 1997 | 150.47 million current US$ | -0.0% |
| 1998 | 147.42 million current US$ | -2.0% |
| 1999 | 186.03 million current US$ | +26.2% |
| 2000 | 234.07 million current US$ | +25.8% |
| 2001 | 304.94 million current US$ | +30.3% |
| 2002 | 346.12 million current US$ | +13.5% |
| 2003 | 512.08 million current US$ | +47.9% |
| 2004 | 634.03 million current US$ | +23.8% |
| 2005 | 789.14 million current US$ | +24.5% |
| 2006 | 926.07 million current US$ | +17.4% |
| 2007 | 1.19 billion current US$ | +28.9% |
| 2008 | 1.48 billion current US$ | +24.2% |
| 2009 | 1.36 billion current US$ | -8.5% |
| 2010 | 1.48 billion current US$ | +9.1% |
| 2011 | 1.62 billion current US$ | +9.3% |
| 2012 | 1.58 billion current US$ | -2.5% |
| 2013 | 1.78 billion current US$ | +12.8% |
| 2014 | 1.93 billion current US$ | +8.6% |
| 2015 | 1.76 billion current US$ | -9.0% |
| 2016 | 1.98 billion current US$ | +12.7% |
| 2017 | 2.15 billion current US$ | +8.5% |
| 2018 | 2.43 billion current US$ | +13.0% |
| 2019 | 2.53 billion current US$ | +4.0% |
| 2020 | 2.61 billion current US$ | +3.2% |
| 2021 | 3.10 billion current US$ | +18.8% |
| 2022 | 2.91 billion current US$ | -6.0% |
| 2023 | 3.27 billion current US$ | +12.3% |
Senegal compared with similar countries
- Senegal's 3.27 billion current US$ is above the median for lower middle income countries, which is 1.25 billion current US$, 2.6× the median. (47 countries reporting)
- Senegal's 3.27 billion current US$ is above the median for Sub-Saharan Africa, which is 403.52 million current US$, 8.1× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Personal remittances, received (current US$) (Personal IMF balance) in Senegal changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1975 | +209.0% | 8.52 million current US$ | 26.32 million current US$ |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 39.30 million current US$ | 8.52 million current US$ | 56.27 million current US$ | 6 |
| 1980s | 86.08 million current US$ | 53.76 million current US$ | 117.82 million current US$ | 10 |
| 1990s | 154.46 million current US$ | 113.83 million current US$ | 186.03 million current US$ | 10 |
| 2000s | 777.78 million current US$ | 234.07 million current US$ | 1.48 billion current US$ | 10 |
| 2010s | 1.92 billion current US$ | 1.48 billion current US$ | 2.53 billion current US$ | 10 |
| 2020s | 2.97 billion current US$ | 2.61 billion current US$ | 3.27 billion current US$ | 4 |
Countries ranked near Senegal
- 56 Zimbabwe 3.51 billion current US$ compare
- 57 Bosnia and Herzegovina 3.49 billion current US$ compare
- 58 Democratic Republic of Congo 3.32 billion current US$ compare
- 60 Kyrgyzstan 3.20 billion current US$ compare
- 61 Slovakia 3.20 billion current US$ compare
- 62 Uganda 2.80 billion current US$ compare
More economy & growth data for Senegal
- Real gdp growth, annual growth rate 44.3 % change on previous year (2024)
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.53 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 4.03 Percent per annum (2029)
- SDRs holdings, US dollar, annual growth rate -94.17 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0003 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 0.5431 units per person (2025)
- SDRs holdings, SDR, annual growth rate -94.45 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0002 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.3965 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -12.89 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, received in Senegal?
- Personal remittances, received in Senegal was 3.27 billion current US$ in 2023, according to IMF balance of payments data, International Monetary Fund (IMF).
- What is the highest personal remittances, received recorded in Senegal?
- The highest recorded value was 3.27 billion current US$ in 2023.
- What is the lowest personal remittances, received recorded in Senegal?
- The lowest recorded value was 8.52 million current US$ in 1974.
- How does Senegal rank for personal remittances, received?
- Senegal ranks 59th out of 197 countries with data for 2023.
- Is personal remittances, received rising or falling in Senegal?
- Over the last ten years it is up 83.8%. The long-run trend across the full record is volatile.
- Where does this Senegal data come from?
- The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, received (current US$). Statizoid updates them automatically from the source API.
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About this data
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.