Volume of remittances (in United States dollars) as a proportion of in Eastern Africa
Eastern Africa: Volume of remittances (in United States dollars) as a proportion of was 3.7% in 2024. ▲ Rising
Volume of remittances (in United States dollars) as a proportion of in Eastern Africa, 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 Eastern Africa is 3.7%, measured in 2024. That is the highest value across all 25 years on record.
Compared with earlier readings it is up 45.2% on the previous year and up 57.5% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Eastern Africa peaked at 3.7% in 2024 and was at its lowest, 0.8%, in 2003.
That places Eastern Africa 11th out of 36 groups with data for 2024, putting it 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 Eastern Africa, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.7% | — |
| 2001 | 0.8% | -53.1% |
| 2002 | 1.0% | +20.6% |
| 2003 | 0.8% | -18.4% |
| 2004 | 1.2% | +50.7% |
| 2005 | 1.3% | +7.4% |
| 2006 | 1.4% | +5.0% |
| 2007 | 1.5% | +7.3% |
| 2008 | 1.5% | -0.8% |
| 2009 | 1.8% | +22.3% |
| 2010 | 2.1% | +16.8% |
| 2011 | 2.3% | +10.4% |
| 2012 | 2.3% | +0.0% |
| 2013 | 2.1% | -8.3% |
| 2014 | 2.3% | +10.2% |
| 2015 | 2.5% | +8.2% |
| 2016 | 2.1% | -14.7% |
| 2017 | 1.8% | -14.1% |
| 2018 | 2.1% | +12.8% |
| 2019 | 2.0% | -2.6% |
| 2020 | 2.1% | +2.4% |
| 2021 | 2.3% | +12.4% |
| 2022 | 2.3% | -0.1% |
| 2023 | 2.5% | +8.4% |
| 2024 | 3.7% | +45.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.3% | 0.8% | 1.8% | 10 |
| 2010s | 2.2% | 1.8% | 2.5% | 10 |
| 2020s | 2.6% | 2.1% | 3.7% | 5 |
Countries ranked near Eastern Africa
More economy & growth data for Eastern Africa
- Gross Domestic Product, GDP in millions constant 2021 international $ 1.86 million (2027)
- Gross Fixed Capital Formation — Value US$ 139,436 million USD (2024)
- Gross Domestic Product — Value US$ 920,068 million USD (2024)
- Gross Domestic Product — Value US$ per capita 1,842 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 1,011 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 504,851 million USD (2024)
- Gross Domestic Product — Annual growth US$ 62.86 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 58.67 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 4.78 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 4.96 % change on previous year (2024)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Eastern Africa?
- Volume of remittances (in united states dollars) as a proportion of in Eastern Africa was 3.7% 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 Eastern Africa?
- The highest recorded value was 3.7% in 2024.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Eastern Africa?
- The lowest recorded value was 0.8% in 2003.
- How does Eastern Africa rank for volume of remittances (in united states dollars) as a proportion of?
- Eastern Africa ranks 11th out of 36 groups with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Eastern Africa?
- Over the last ten years it is up 57.5%. The long-run trend across the full record is rising.
- Where does this Eastern Africa 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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