Volume of remittances (in United States dollars) as a proportion of in Naoero

Naoero: Volume of remittances (in United States dollars) as a proportion of was 1.4% in 2024. ◆ Volatile

Latest (2024)
1.4%
Change on year
up 136.4%
World rank
124th
of 205 countries
All-time high
12.3%
in 2015
All-time low
0.4%
in 2010
Years of data
17
2008–2024

Volume of remittances (in United States dollars) as a proportion of in Naoero, 2008–2024

02.557.51012.52008201620242008: 0.605 %2009: 0.476 %2010: 0.448 %2011: 1.9 %2012: 8.3 %2013: 11.3 %2014: 12 %2015: 12.3 %2016: 12 %2017: 9.5 %2018: 5 %2019: 3 %2020: 2 %2021: 0.679 %2022: 0.603 %2023: 0.582 %2024: 1.4 %

Source: United Nations Statistics Division, SDG Global Database. Measured in %.

Analysis

In 2024, volume of remittances (in united states dollars) as a proportion of in Naoero stood at 1.4%.

That represents a change of up 136.4% on the previous year and down 88.5% over ten years.

Over the whole period, volume of remittances (in united states dollars) as a proportion of in Naoero peaked at 12.3% in 2015 and was at its lowest, 0.4%, in 2010.

That places Naoero 124th out of 205 countries with data for 2024, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Volume of remittances (in United States dollars) as a proportion of in Naoero, year by year

Annual values for Volume of remittances (in United States dollars) as a proportion of total GDP (%) in Naoero, 2008 to 2024.
Year % Change
2008 0.6% —
2009 0.5% -21.4%
2010 0.4% -5.9%
2011 1.9% +322.9%
2012 8.3% +338.1%
2013 11.3% +36.6%
2014 12.0% +5.6%
2015 12.3% +2.7%
2016 12.0% -2.0%
2017 9.5% -21.4%
2018 5.0% -47.3%
2019 3.0% -40.3%
2020 2.0% -33.1%
2021 0.7% -65.9%
2022 0.6% -11.2%
2023 0.6% -3.6%
2024 1.4% +136.4%

Biggest year-on-year movements

Years where Volume of remittances (in United States dollars) as a proportion of in Naoero 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.

YearChange FromTo
2012 +338.1% 1.9% 8.3%
2011 +322.9% 0.4% 1.9%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.5% 0.5% 0.6% 2
2010s 7.6% 0.4% 12.3% 10
2020s 1.0% 0.6% 2.0% 5

Countries ranked near Naoero

  1. 121 Lao People's Democratic Republic 1.5% compare
  2. 121 Laos 1.5% compare
  3. 123 United Republic of Tanzania 1.4% compare
  4. 124 Nauru 1.4% compare
  5. 126 Djibouti 1.3% compare
  6. 127 Melanesia 1.3% compare

See the full ranking of 240 places →

More economy & growth data for Naoero

All data for Naoero →

Frequently asked questions

What is volume of remittances (in united states dollars) as a proportion of in Naoero?
Volume of remittances (in united states dollars) as a proportion of in Naoero was 1.4% 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 Naoero?
The highest recorded value was 12.3% in 2015.
What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Naoero?
The lowest recorded value was 0.4% in 2010.
How does Naoero rank for volume of remittances (in united states dollars) as a proportion of?
Naoero ranks 124th out of 205 countries with data for 2024.
Is volume of remittances (in united states dollars) as a proportion of rising or falling in Naoero?
Over the last ten years it is down 88.5%. The long-run trend across the full record is volatile.
Where does this Naoero 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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Volume of remittances (in United States dollars) as a proportion of in Naoero. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 26 September 2026, from https://economy.statizoid.com/stat/volume-of-remittances-in-united-states-dollars-as-a-proportion-of-total-gdp-percent/naoero-2/

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About this data

Indicator
Volume of remittances (in United States dollars) as a proportion of total GDP (%)
Unit
%
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
240 places, 5,398 data points, 2000–2024
Last refreshed