Volume of remittances (in United States dollars) as a proportion of in Europe
Europe: Volume of remittances (in United States dollars) as a proportion of was 0.7% in 2024. ▲ Rising
Volume of remittances (in United States dollars) as a proportion of in Europe, 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 Europe stood at 0.7%.
That represents a change of down 3.1% on the previous year and up 3.7% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Europe peaked at 0.8% in 2020 and was at its lowest, 0.4%, in 2000.
Europe ranks 25th 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 Europe, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.4% | — |
| 2001 | 0.4% | +5.3% |
| 2002 | 0.4% | +2.1% |
| 2003 | 0.4% | +2.2% |
| 2004 | 0.5% | +3.3% |
| 2005 | 0.5% | +7.7% |
| 2006 | 0.5% | +3.9% |
| 2007 | 0.6% | +7.7% |
| 2008 | 0.6% | +4.9% |
| 2009 | 0.6% | +7.4% |
| 2010 | 0.6% | -2.4% |
| 2011 | 0.6% | +0.5% |
| 2012 | 0.6% | +3.6% |
| 2013 | 0.7% | +9.4% |
| 2014 | 0.7% | +0.2% |
| 2015 | 0.7% | +6.4% |
| 2016 | 0.8% | +1.4% |
| 2017 | 0.8% | +0.9% |
| 2018 | 0.8% | +0.5% |
| 2019 | 0.8% | +3.7% |
| 2020 | 0.8% | +0.9% |
| 2021 | 0.8% | -4.4% |
| 2022 | 0.7% | -3.5% |
| 2023 | 0.7% | +1.4% |
| 2024 | 0.7% | -3.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5% | 0.4% | 0.6% | 10 |
| 2010s | 0.7% | 0.6% | 0.8% | 10 |
| 2020s | 0.8% | 0.7% | 0.8% | 5 |
Countries ranked near Europe
- 22 Polynesia 12.4% compare
- 23 Cabo Verde 12.3% compare
- 24 Yemen 12.0% compare
- 25 Georgia 11.9% compare
- 26 Timor-Leste 11.8% compare
- 26 East Timor 11.8% compare
- 28 Senegal 10.6% compare
More economy & growth data for Europe
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 1.4 % (2024)
- Gross Domestic Product — Value US$ 27.06 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 36,332 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 29,680 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 22.10 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 4.85 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 4.92 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.33 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth -0.5895 % change on previous year (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices -0.5895 % (2024)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Europe?
- Volume of remittances (in united states dollars) as a proportion of in Europe was 0.7% 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 Europe?
- The highest recorded value was 0.8% in 2020.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Europe?
- The lowest recorded value was 0.4% in 2000.
- How does Europe rank for volume of remittances (in united states dollars) as a proportion of?
- Europe ranks 25th out of 36 groups with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Europe?
- Over the last ten years it is up 3.7%. The long-run trend across the full record is rising.
- Where does this Europe 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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