Volume of remittances (in United States dollars) as a proportion of in Asia
Asia: Volume of remittances (in United States dollars) as a proportion of was 1.0% in 2024. ▲ Rising
Volume of remittances (in United States dollars) as a proportion of in Asia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
In 2024, volume of remittances (in united states dollars) as a proportion of in Asia stood at 1.0%. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 6.0% on the previous year and up 1.9% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Asia peaked at 1.0% in 2024 and was at its lowest, 0.5%, in 2000.
Asia ranks 19th of 36 groups on this measure, in the middle of the range.
The long-run direction has been consistently rising across the 25 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Asia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.5% | — |
| 2001 | 0.6% | +12.8% |
| 2002 | 0.7% | +19.9% |
| 2003 | 0.8% | +8.8% |
| 2004 | 0.7% | -5.1% |
| 2005 | 0.7% | -0.1% |
| 2006 | 0.8% | +9.4% |
| 2007 | 0.8% | +6.2% |
| 2008 | 0.9% | +11.4% |
| 2009 | 0.9% | -2.0% |
| 2010 | 0.9% | -5.3% |
| 2011 | 0.9% | -1.5% |
| 2012 | 0.9% | +4.1% |
| 2013 | 0.9% | +3.6% |
| 2014 | 1.0% | +5.8% |
| 2015 | 1.0% | +0.9% |
| 2016 | 0.9% | -8.5% |
| 2017 | 0.9% | -2.1% |
| 2018 | 0.9% | -1.5% |
| 2019 | 0.9% | +0.4% |
| 2020 | 0.9% | +1.4% |
| 2021 | 0.8% | -6.0% |
| 2022 | 0.9% | +13.5% |
| 2023 | 0.9% | -0.6% |
| 2024 | 1.0% | +6.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.7% | 0.5% | 0.9% | 10 |
| 2010s | 0.9% | 0.9% | 1.0% | 10 |
| 2020s | 0.9% | 0.8% | 1.0% | 5 |
Countries ranked near Asia
More economy & growth data for Asia
- Gross Fixed Capital Formation Deflator — Value US$, 2015 prices 106.47 USD (2024)
- Gross Fixed Capital Formation — Value US$ 13.40 million million USD (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices 12.58 million million USD (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 33.73 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 2.88 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 3.51 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 4.9 % (2024)
- Gross Domestic Product — Annual growth US$ 5.54 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 37.66 million million USD (2024)
- Gross Domestic Product — Value US$ 39.74 million million USD (2024)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Asia?
- Volume of remittances (in united states dollars) as a proportion of in Asia was 1.0% in 2024, according to United Nations Statistics Division, SDG Global Database.
- What is the highest volume of remittances (in united states dollars) as a proportion of recorded in Asia?
- The highest recorded value was 1.0% in 2024.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Asia?
- The lowest recorded value was 0.5% in 2000.
- How does Asia rank for volume of remittances (in united states dollars) as a proportion of?
- Asia ranks 19th out of 36 groups with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Asia?
- Over the last ten years it is up 1.9%. The long-run trend across the full record is rising.
- Where does this Asia data come from?
- The figures come from United Nations Statistics Division, SDG Global Database, published as part of Volume of remittances (in United States dollars) as a proportion of total GDP (%). Statizoid updates them automatically from the source API.
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