Personal remittances, received in Heavily indebted poor countries (HIPC)
Heavily indebted poor countries (HIPC): Personal remittances, received was 4.8% in 2024. ▲ Rising
Personal remittances, received in Heavily indebted poor countries (HIPC), 1986–2024
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
Heavily indebted poor countries (HIPC) recorded 4.8% for personal remittances, received in 2024. That is the highest value across all 39 years on record.
That represents a change of up 9.0% on the previous year and up 48.5% over ten years.
Over the whole period, personal remittances, received in Heavily indebted poor countries (HIPC) peaked at 4.8% in 2024 and was at its lowest, 0.6%, in 1991.
That places Heavily indebted poor countries (HIPC) 10th out of 47 groups with data for 2024, putting it in the top quarter.
The long-run direction has been consistently rising across the 39 years of available data.
Personal remittances, received in Heavily indebted poor countries (HIPC), year by year
| Year | % of GDP | Change |
|---|---|---|
| 1986 | 0.9% | — |
| 1987 | 0.9% | +1.8% |
| 1988 | 1.0% | +10.6% |
| 1989 | 1.1% | +13.5% |
| 1990 | 0.6% | -43.1% |
| 1991 | 0.6% | -6.7% |
| 1992 | 1.0% | +72.9% |
| 1993 | 0.9% | -16.7% |
| 1994 | 1.0% | +16.4% |
| 1995 | 1.2% | +17.8% |
| 1996 | 1.0% | -13.2% |
| 1997 | 1.2% | +15.5% |
| 1998 | 1.6% | +38.0% |
| 1999 | 1.9% | +18.1% |
| 2000 | 2.2% | +14.5% |
| 2001 | 2.5% | +11.1% |
| 2002 | 2.8% | +12.7% |
| 2003 | 2.9% | +4.4% |
| 2004 | 3.1% | +4.9% |
| 2005 | 2.8% | -7.1% |
| 2006 | 2.9% | +3.9% |
| 2007 | 3.1% | +3.5% |
| 2008 | 3.0% | -2.8% |
| 2009 | 2.8% | -5.2% |
| 2010 | 2.9% | +4.0% |
| 2011 | 3.4% | +15.4% |
| 2012 | 3.3% | -1.6% |
| 2013 | 3.1% | -6.8% |
| 2014 | 3.2% | +3.4% |
| 2015 | 3.7% | +16.2% |
| 2016 | 3.4% | -8.7% |
| 2017 | 3.5% | +3.3% |
| 2018 | 3.7% | +5.3% |
| 2019 | 3.8% | +2.8% |
| 2020 | 3.8% | +0.6% |
| 2021 | 3.7% | -2.4% |
| 2022 | 4.1% | +11.2% |
| 2023 | 4.4% | +5.2% |
| 2024 | 4.8% | +9.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 1.0% | 0.9% | 1.1% | 4 |
| 1990s | 1.1% | 0.6% | 1.9% | 10 |
| 2000s | 2.8% | 2.2% | 3.1% | 10 |
| 2010s | 3.4% | 2.9% | 3.8% | 10 |
| 2020s | 4.2% | 3.7% | 4.8% | 5 |
Countries ranked near Heavily indebted poor countries (HIPC)
More economy & growth data for Heavily indebted poor countries (HIPC)
- Final consumption expenditure (constant 2015 US$), per unit of GDP 0.6247 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 4.76 % change on previous year (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 0.5368 constant 2015 US$ per US$ of GDP (2025)
- Households and NPISHs Final consumption expenditure (constant 2015) 714.96 constant 2015 US$ per person (2025)
- Final consumption expenditure (current US$), annual growth rate 8.16 % change on previous year (2025)
- Final consumption expenditure (current US$), per unit of GDP 0.7849 current US$ per US$ of GDP (2025)
- Final consumption expenditure (current US$), per capita 1,045 current US$ per person (2025)
- Final consumption expenditure (constant 2015 US$), annual growth rate 5.08 % change on previous year (2025)
- Final consumption expenditure (constant 2015 US$), per capita 832.08 constant 2015 US$ per person (2025)
- Gross national expenditure (constant 2015 US$), per capita 1,187 constant 2015 US$ per person (2025)
Frequently asked questions
- What is personal remittances, received in Heavily indebted poor countries (HIPC)?
- Personal remittances, received in Heavily indebted poor countries (HIPC) was 4.8% in 2024, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Heavily indebted poor countries (HIPC)?
- The highest recorded value was 4.8% in 2024.
- What is the lowest personal remittances, received recorded in Heavily indebted poor countries (HIPC)?
- The lowest recorded value was 0.6% in 1991.
- How does Heavily indebted poor countries (HIPC) rank for personal remittances, received?
- Heavily indebted poor countries (HIPC) ranks 10th out of 47 groups with data for 2024.
- Is personal remittances, received rising or falling in Heavily indebted poor countries (HIPC)?
- Over the last ten years it is up 48.5%. The long-run trend across the full record is rising.
- Where does this Heavily indebted poor countries (HIPC) data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). 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.