Volume of remittances (in United States dollars) as a proportion of in Belgium
Belgium: Volume of remittances (in United States dollars) as a proportion of was 2.3% in 2024. ▲ Rising
Latest (2024)
2.3%
Change on year
up 2.6%
World rank
107th
of 203 countries
All-time high
2.5%
in 2020
All-time low
1.7%
in 2001
Years of data
25
2000–2024
Volume of remittances (in United States dollars) as a proportion of in Belgium, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
The most recent figure for volume of remittances (in united states dollars) as a proportion of in Belgium is 2.3%, measured in 2024.
The figure is up 2.6% on the previous year and up 2.0% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Belgium peaked at 2.5% in 2020 and was at its lowest, 1.7%, in 2001.
Belgium ranks 107th of 203 countries 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 Belgium, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.7% | — |
| 2001 | 1.7% | -1.8% |
| 2002 | 1.8% | +5.6% |
| 2003 | 1.8% | +3.5% |
| 2004 | 1.8% | -2.2% |
| 2005 | 1.8% | +0.4% |
| 2006 | 1.8% | -0.2% |
| 2007 | 1.9% | +7.2% |
| 2008 | 2.0% | +6.1% |
| 2009 | 2.3% | +12.9% |
| 2010 | 2.3% | -0.2% |
| 2011 | 2.2% | -2.6% |
| 2012 | 2.2% | +0.8% |
| 2013 | 2.2% | -0.4% |
| 2014 | 2.3% | +1.3% |
| 2015 | 2.3% | +0.4% |
| 2016 | 2.3% | +0.2% |
| 2017 | 2.3% | +0.4% |
| 2018 | 2.3% | +0.5% |
| 2019 | 2.3% | +0.9% |
| 2020 | 2.5% | +6.9% |
| 2021 | 2.4% | -3.6% |
| 2022 | 2.4% | -0.5% |
| 2023 | 2.2% | -5.3% |
| 2024 | 2.3% | +2.6% |
Belgium compared with similar countries
- Belgium's 2.3% is above the median for high income countries, which is 0.7%, 3.1× the median. (66 countries reporting)
- Belgium's 2.3% is above the median for Europe & Central Asia, which is 1.5%, 1.5× the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.8% | 1.7% | 2.3% | 10 |
| 2010s | 2.3% | 2.2% | 2.3% | 10 |
| 2020s | 2.4% | 2.2% | 2.5% | 5 |
Countries ranked near Belgium
- 104 Madagascar 2.3% compare
- 105 Bulgaria 2.3% compare
- 106 Bolivia (Plurinational State of) 2.3% compare
- 108 Mongolia 2.2% compare
- 109 Slovakia 2.1% compare
- 110 Côte d'Ivoire 2.0% compare
- 110 Cote d'Ivoire 2.0% compare
More economy & growth data for Belgium
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.04 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps -19.31 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit -0.0266 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita -1,617 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled -28.79 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 30.39 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit -0.0397 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita -2,411 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 33.22 % change on previous year (2025)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Belgium?
- Volume of remittances (in united states dollars) as a proportion of in Belgium was 2.3% 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 Belgium?
- The highest recorded value was 2.5% in 2020.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Belgium?
- The lowest recorded value was 1.7% in 2001.
- How does Belgium rank for volume of remittances (in united states dollars) as a proportion of?
- Belgium ranks 107th out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Belgium?
- Over the last ten years it is up 2.0%. The long-run trend across the full record is rising.
- Where does this Belgium 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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