Volume of remittances (in United States dollars) as a proportion of in Least Developed Countries (LDCs)
Least Developed Countries (LDCs): Volume of remittances (in United States dollars) as a proportion of was 5.2% in 2024. ▲ Rising
Volume of remittances (in United States dollars) as a proportion of in Least Developed Countries (LDCs), 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 Least Developed Countries (LDCs) stood at 5.2%. That is the highest value across all 25 years on record.
The figure is up 15.3% on the previous year and up 24.0% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Least Developed Countries (LDCs) peaked at 5.2% in 2024 and was at its lowest, 3.6%, in 2000.
That places Least Developed Countries (LDCs) 5th out of 36 groups with data for 2024, putting it in the top quarter.
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 Least Developed Countries (LDCs), year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 3.6% | — |
| 2001 | 3.7% | +5.1% |
| 2002 | 4.5% | +20.5% |
| 2003 | 4.5% | -1.2% |
| 2004 | 4.4% | -1.1% |
| 2005 | 4.0% | -8.2% |
| 2006 | 4.2% | +4.0% |
| 2007 | 4.2% | +0.0% |
| 2008 | 3.7% | -11.8% |
| 2009 | 3.9% | +5.4% |
| 2010 | 3.9% | +0.5% |
| 2011 | 3.9% | -1.1% |
| 2012 | 4.3% | +11.1% |
| 2013 | 4.3% | -0.3% |
| 2014 | 4.2% | -1.7% |
| 2015 | 4.6% | +9.2% |
| 2016 | 4.3% | -6.1% |
| 2017 | 3.8% | -11.5% |
| 2018 | 4.2% | +8.7% |
| 2019 | 4.4% | +5.3% |
| 2020 | 4.7% | +7.4% |
| 2021 | 4.5% | -4.6% |
| 2022 | 4.2% | -6.9% |
| 2023 | 4.6% | +8.6% |
| 2024 | 5.2% | +15.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.1% | 3.6% | 4.5% | 10 |
| 2010s | 4.2% | 3.8% | 4.6% | 10 |
| 2020s | 4.6% | 4.2% | 5.2% | 5 |
Countries ranked near Least Developed Countries (LDCs)
More economy & growth data for Least Developed Countries (LDCs)
- Gross Fixed Capital Formation — Value US$, 2015 prices 437,904 million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 6.33 % (2024)
- Gross Fixed Capital Formation — Annual growth US$ 2.46 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$, 2015 prices 31.16 % (2024)
- Gross Fixed Capital Formation — Share of GDP US$ 25.21 % (2024)
- Gross Domestic Product — Value US$ 1.51 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 1,271 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 1,183 USD (2024)
- Gross Domestic Product — Annual growth US$ 5.94 % (2024)
- Gross Fixed Capital Formation — Value US$ 380,646 million USD (2024)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Least Developed Countries (LDCs)?
- Volume of remittances (in united states dollars) as a proportion of in Least Developed Countries (LDCs) was 5.2% 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 Least Developed Countries (LDCs)?
- The highest recorded value was 5.2% in 2024.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Least Developed Countries (LDCs)?
- The lowest recorded value was 3.6% in 2000.
- How does Least Developed Countries (LDCs) rank for volume of remittances (in united states dollars) as a proportion of?
- Least Developed Countries (LDCs) ranks 5th out of 36 groups with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Least Developed Countries (LDCs)?
- Over the last ten years it is up 24.0%. The long-run trend across the full record is rising.
- Where does this Least Developed Countries (LDCs) 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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