Volume of remittances (in United States dollars) as a proportion of in Northern Africa and Western Asia
Northern Africa and Western Asia: Volume of remittances (in United States dollars) as a proportion of was 1.2% in 2024. ▼ Falling
Volume of remittances (in United States dollars) as a proportion of in Northern Africa and Western Asia, 2005–2024
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 Northern Africa and Western Asia is 1.2%, measured in 2024. That is the lowest value across all 20 years on record.
That represents a change of down 5.2% on the previous year and down 27.7% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Northern Africa and Western Asia peaked at 1.9% in 2020 and was at its lowest, 1.2%, in 2024.
Northern Africa and Western Asia ranks 17th of 36 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Northern Africa and Western Asia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.7% | — |
| 2006 | 1.6% | -2.4% |
| 2007 | 1.7% | +6.7% |
| 2008 | 1.7% | -3.5% |
| 2009 | 1.7% | +2.0% |
| 2010 | 1.6% | -3.9% |
| 2011 | 1.4% | -12.6% |
| 2012 | 1.6% | +7.9% |
| 2013 | 1.5% | -2.9% |
| 2014 | 1.6% | +8.4% |
| 2015 | 1.7% | +1.8% |
| 2016 | 1.6% | -1.4% |
| 2017 | 1.7% | +5.8% |
| 2018 | 1.7% | -3.6% |
| 2019 | 1.7% | +1.9% |
| 2020 | 1.9% | +12.4% |
| 2021 | 1.9% | -2.3% |
| 2022 | 1.6% | -13.2% |
| 2023 | 1.2% | -23.3% |
| 2024 | 1.2% | -5.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.7% | 1.6% | 1.7% | 5 |
| 2010s | 1.6% | 1.4% | 1.7% | 10 |
| 2020s | 1.6% | 1.2% | 1.9% | 5 |
Countries ranked near Northern Africa and Western Asia
More economy & growth data for Northern Africa and Western Asia
- Foreign direct investment (FDI) inflows 156,869 (2024)
- Annual growth rate of real GDP per employed person 1.6% (2025)
- Manufacturing value added (constant 2020 United States dollars) as a 13.2% (2025)
- Manufacturing value added (current United States dollars) as a 13.0% (2024)
- Annual growth rate of real GDP per capita 0.5% (2024)
- Merchandise trade as a proportion of GDP 63.5% (2024)
- Annual GDP growth 2.1% (2024)
- Foreign direct investment, net inflows, as a proportion of GDP 1.9% (2024)
- Annual growth of exports of goods and services 2.9% (2023)
- Annual growth of imports of goods and services 2.5% (2024)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Northern Africa and Western Asia?
- Volume of remittances (in united states dollars) as a proportion of in Northern Africa and Western Asia was 1.2% 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 Northern Africa and Western Asia?
- The highest recorded value was 1.9% in 2020.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Northern Africa and Western Asia?
- The lowest recorded value was 1.2% in 2024.
- How does Northern Africa and Western Asia rank for volume of remittances (in united states dollars) as a proportion of?
- Northern Africa and Western Asia ranks 17th out of 36 groups with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Northern Africa and Western Asia?
- Over the last ten years it is down 27.7%. The long-run trend across the full record is falling.
- Where does this Northern Africa and Western Asia 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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