Volume of remittances (in United States dollars) as a proportion of in Bulgaria
Bulgaria: Volume of remittances (in United States dollars) as a proportion of was 2.3% in 2024. ▼ Falling
Volume of remittances (in United States dollars) as a proportion of in Bulgaria, 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 Bulgaria stood at 2.3%.
That represents a change of up 4.2% on the previous year and down 22.5% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Bulgaria peaked at 8.1% in 2003 and was at its lowest, 0.4%, in 2000.
That places Bulgaria 105th out of 203 countries with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 25 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Bulgaria, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.4% | — |
| 2001 | 5.8% | +1224.9% |
| 2002 | 7.2% | +23.2% |
| 2003 | 8.1% | +13.3% |
| 2004 | 6.6% | -19.0% |
| 2005 | 5.4% | -18.0% |
| 2006 | 5.0% | -7.5% |
| 2007 | 3.8% | -23.7% |
| 2008 | 3.5% | -7.6% |
| 2009 | 3.1% | -13.1% |
| 2010 | 2.6% | -14.1% |
| 2011 | 2.6% | -2.2% |
| 2012 | 2.7% | +3.8% |
| 2013 | 3.0% | +11.9% |
| 2014 | 3.0% | +0.8% |
| 2015 | 3.0% | -0.3% |
| 2016 | 3.0% | +0.6% |
| 2017 | 3.5% | +16.3% |
| 2018 | 3.2% | -8.7% |
| 2019 | 3.1% | -2.9% |
| 2020 | 2.8% | -9.6% |
| 2021 | 2.4% | -15.4% |
| 2022 | 2.3% | -3.0% |
| 2023 | 2.2% | -3.2% |
| 2024 | 2.3% | +4.2% |
Bulgaria compared with similar countries
- Bulgaria's 2.3% is above the median for high income countries, which is 0.7%, 3.2× the median. (66 countries reporting)
- Bulgaria's 2.3% is above the median for Europe & Central Asia, which is 1.5%, 1.5× the median. (50 countries reporting)
Biggest year-on-year movements
Years where Volume of remittances (in United States dollars) as a proportion of in Bulgaria changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | +1224.9% | 0.4% | 5.8% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.9% | 0.4% | 8.1% | 10 |
| 2010s | 3.0% | 2.6% | 3.5% | 10 |
| 2020s | 2.4% | 2.2% | 2.8% | 5 |
Countries ranked near Bulgaria
- 102 Belarus 2.4% compare
- 103 Saint Lucia 2.4% compare
- 104 Madagascar 2.3% compare
- 106 Bolivia (Plurinational State of) 2.3% compare
- 107 Belgium 2.3% compare
- 108 Mongolia 2.2% compare
More economy & growth data for Bulgaria
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.48 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 2.58 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 1.51 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0116 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 234.99 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.88 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 60.06 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0373 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 759.02 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 7.89 % change on previous year (2025)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Bulgaria?
- Volume of remittances (in united states dollars) as a proportion of in Bulgaria 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 Bulgaria?
- The highest recorded value was 8.1% in 2003.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Bulgaria?
- The lowest recorded value was 0.4% in 2000.
- How does Bulgaria rank for volume of remittances (in united states dollars) as a proportion of?
- Bulgaria ranks 105th out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Bulgaria?
- Over the last ten years it is down 22.5%. The long-run trend across the full record is falling.
- Where does this Bulgaria 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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