Personal remittances, received in IDA total
IDA total: Personal remittances, received was 7.3% in 2024. ▲ Rising
Personal remittances, received in IDA total, 1977–2024
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
In 2024, personal remittances, received in IDA total stood at 7.3%. That is the highest value across all 48 years on record.
The figure is up 22.8% on the previous year and up 44.0% over ten years.
Over the whole period, personal remittances, received in IDA total peaked at 7.3% in 2024 and was at its lowest, 1.4%, in 1977.
That places IDA total 3rd out of 47 groups with data for 2024, putting it in the top 10%.
The long-run direction has been consistently rising across the 48 years of available data.
Personal remittances, received in IDA total, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1977 | 1.4% | — |
| 1978 | 1.9% | +42.3% |
| 1979 | 2.1% | +8.1% |
| 1980 | 2.2% | +5.7% |
| 1981 | 1.4% | -35.0% |
| 1982 | 1.8% | +27.5% |
| 1983 | 2.4% | +34.0% |
| 1984 | 2.3% | -5.0% |
| 1985 | 2.2% | -3.4% |
| 1986 | 2.3% | +2.2% |
| 1987 | 2.4% | +3.5% |
| 1988 | 2.2% | -7.1% |
| 1989 | 2.4% | +6.5% |
| 1990 | 2.4% | +2.5% |
| 1991 | 1.9% | -19.8% |
| 1992 | 2.4% | +24.6% |
| 1993 | 2.4% | -0.5% |
| 1994 | 2.5% | +2.7% |
| 1995 | 2.0% | -19.1% |
| 1996 | 1.6% | -17.4% |
| 1997 | 1.9% | +13.2% |
| 1998 | 1.8% | -4.7% |
| 1999 | 2.8% | +57.2% |
| 2000 | 2.6% | -6.0% |
| 2001 | 2.7% | +1.5% |
| 2002 | 3.3% | +25.5% |
| 2003 | 3.4% | +2.4% |
| 2004 | 3.5% | +0.9% |
| 2005 | 4.9% | +43.0% |
| 2006 | 4.9% | -1.5% |
| 2007 | 4.7% | -2.4% |
| 2008 | 4.9% | +2.4% |
| 2009 | 5.0% | +3.3% |
| 2010 | 4.9% | -2.3% |
| 2011 | 5.2% | +6.6% |
| 2012 | 5.4% | +3.9% |
| 2013 | 5.2% | -4.5% |
| 2014 | 5.1% | -1.7% |
| 2015 | 5.4% | +5.4% |
| 2016 | 5.2% | -2.4% |
| 2017 | 5.3% | +0.5% |
| 2018 | 5.5% | +3.7% |
| 2019 | 5.1% | -6.2% |
| 2020 | 5.4% | +4.4% |
| 2021 | 5.4% | +1.1% |
| 2022 | 5.6% | +2.7% |
| 2023 | 6.0% | +7.5% |
| 2024 | 7.3% | +22.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 1.8% | 1.4% | 2.1% | 3 |
| 1980s | 2.2% | 1.4% | 2.4% | 10 |
| 1990s | 2.2% | 1.6% | 2.8% | 10 |
| 2000s | 4.0% | 2.6% | 5.0% | 10 |
| 2010s | 5.2% | 4.9% | 5.5% | 10 |
| 2020s | 5.9% | 5.4% | 7.3% | 5 |
Countries ranked near IDA total
More economy & growth data for IDA total
- Gross value added at basic prices (GVA) (current US$), per unit of GDP 0.9467 current US$ per US$ of GDP (2025)
- Services, value added (constant 2015 US$), per capita 774.88 constant 2015 US$ per person (2025)
- Manufacturing, value added 488.39 billion constant 2015 US$ (2025)
- Gross value added at basic prices (GVA) (current US$), annual growth 10.28 % change on previous year (2025)
- Industry (including construction), value added 856.58 billion current US$ (2025)
- Industry (including construction), value added 803.12 billion constant 2015 US$ (2025)
- Industry (including construction), value added 6.0% (2025)
- Industry (including construction), value added 26.8% (2025)
- Gross value added at basic prices (GVA) (constant 2015 US$), annual 4.65 % change on previous year (2025)
- Gross value added at basic prices (GVA) (current US$), per capita 1,522 current US$ per person (2025)
Frequently asked questions
- What is personal remittances, received in IDA total?
- Personal remittances, received in IDA total was 7.3% in 2024, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in IDA total?
- The highest recorded value was 7.3% in 2024.
- What is the lowest personal remittances, received recorded in IDA total?
- The lowest recorded value was 1.4% in 1977.
- How does IDA total rank for personal remittances, received?
- IDA total ranks 3rd out of 47 groups with data for 2024.
- Is personal remittances, received rising or falling in IDA total?
- Over the last ten years it is up 44.0%. The long-run trend across the full record is rising.
- Where does this IDA total 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.