Personal remittances, received in IDA only
IDA only: Personal remittances, received was 7.0% in 2024. ▲ Rising
Personal remittances, received in IDA only, 1986–2024
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
IDA only recorded 7.0% for personal remittances, received in 2024. That is the highest value across all 39 years on record.
The figure is up 12.1% on the previous year and up 15.2% over ten years.
Over the whole period, personal remittances, received in IDA only peaked at 7.0% in 2024 and was at its lowest, 2.5%, in 1991.
That places IDA only 4th out of 47 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 39 years of available data.
Personal remittances, received in IDA only, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1986 | 2.5% | — |
| 1987 | 2.9% | +17.5% |
| 1988 | 2.8% | -3.0% |
| 1989 | 2.8% | +0.0% |
| 1990 | 3.0% | +6.2% |
| 1991 | 2.5% | -18.7% |
| 1992 | 3.4% | +39.2% |
| 1993 | 3.1% | -9.9% |
| 1994 | 3.3% | +7.9% |
| 1995 | 3.3% | -0.1% |
| 1996 | 3.2% | -4.6% |
| 1997 | 3.2% | +2.1% |
| 1998 | 3.4% | +5.8% |
| 1999 | 3.6% | +3.4% |
| 2000 | 3.7% | +3.3% |
| 2001 | 3.9% | +5.5% |
| 2002 | 4.6% | +17.9% |
| 2003 | 4.8% | +5.8% |
| 2004 | 4.9% | +0.7% |
| 2005 | 4.8% | -0.5% |
| 2006 | 4.9% | +2.2% |
| 2007 | 5.0% | +1.1% |
| 2008 | 5.3% | +6.4% |
| 2009 | 5.2% | -2.1% |
| 2010 | 5.2% | +0.2% |
| 2011 | 5.8% | +11.8% |
| 2012 | 6.5% | +10.8% |
| 2013 | 6.2% | -3.4% |
| 2014 | 6.1% | -2.2% |
| 2015 | 6.4% | +4.7% |
| 2016 | 5.7% | -11.1% |
| 2017 | 5.4% | -5.0% |
| 2018 | 5.6% | +4.5% |
| 2019 | 5.8% | +3.7% |
| 2020 | 6.2% | +6.5% |
| 2021 | 5.8% | -6.0% |
| 2022 | 5.9% | +0.4% |
| 2023 | 6.3% | +6.8% |
| 2024 | 7.0% | +12.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 2.8% | 2.5% | 2.9% | 4 |
| 1990s | 3.2% | 2.5% | 3.6% | 10 |
| 2000s | 4.7% | 3.7% | 5.3% | 10 |
| 2010s | 5.9% | 5.2% | 6.5% | 10 |
| 2020s | 6.2% | 5.8% | 7.0% | 5 |
Countries ranked near IDA only
More economy & growth data for IDA only
- GDP (current US$), annual growth rate 8.71 % change on previous year (2025)
- Imports of goods and services 6.4% (2025)
- Imports of goods and services 31.2% (2025)
- External balance on goods and services -8.4% (2025)
- Trade 48.0% (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), per 1,139 constant 2015 US$ per person (2025)
- Agriculture, forestry, and fishing, value added 282.26 billion constant 2015 US$ (2025)
- Agriculture, forestry, and fishing, value added 4.2% (2025)
- Industry (including construction), value added 6.1% (2025)
- Industry (including construction), value added 475.18 billion constant 2015 US$ (2025)
Frequently asked questions
- What is personal remittances, received in IDA only?
- Personal remittances, received in IDA only was 7.0% in 2024, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in IDA only?
- The highest recorded value was 7.0% in 2024.
- What is the lowest personal remittances, received recorded in IDA only?
- The lowest recorded value was 2.5% in 1991.
- How does IDA only rank for personal remittances, received?
- IDA only ranks 4th out of 47 groups with data for 2024.
- Is personal remittances, received rising or falling in IDA only?
- Over the last ten years it is up 15.2%. The long-run trend across the full record is rising.
- Where does this IDA only 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.