Volume of remittances (in United States dollars) as a proportion of in Northern Africa
Northern Africa: Volume of remittances (in United States dollars) as a proportion of was 5.4% in 2024. ▲ Rising
Volume of remittances (in United States dollars) as a proportion of in Northern Africa, 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 Northern Africa stood at 5.4%.
Compared with earlier readings it is up 26.0% on the previous year and up 26.6% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Northern Africa peaked at 5.8% in 2021 and was at its lowest, 2.7%, in 2000.
That places Northern Africa 3rd out of 36 groups with data for 2024, putting it in the top 10%.
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 Northern Africa, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 2.7% | — |
| 2001 | 3.1% | +16.6% |
| 2002 | 3.5% | +11.1% |
| 2003 | 3.8% | +8.2% |
| 2004 | 3.9% | +4.2% |
| 2005 | 3.1% | -20.4% |
| 2006 | 3.0% | -4.6% |
| 2007 | 3.8% | +25.9% |
| 2008 | 3.5% | -7.5% |
| 2009 | 3.2% | -9.0% |
| 2010 | 3.7% | +18.6% |
| 2011 | 3.7% | -1.6% |
| 2012 | 4.1% | +12.0% |
| 2013 | 3.8% | -7.1% |
| 2014 | 4.3% | +11.5% |
| 2015 | 4.0% | -5.4% |
| 2016 | 4.1% | +0.4% |
| 2017 | 5.5% | +36.2% |
| 2018 | 5.5% | +0.1% |
| 2019 | 5.3% | -4.5% |
| 2020 | 5.6% | +6.1% |
| 2021 | 5.8% | +3.1% |
| 2022 | 4.9% | -15.4% |
| 2023 | 4.3% | -12.2% |
| 2024 | 5.4% | +26.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.3% | 2.7% | 3.9% | 10 |
| 2010s | 4.4% | 3.7% | 5.5% | 10 |
| 2020s | 5.2% | 4.3% | 5.8% | 5 |
Countries ranked near Northern Africa
More economy & growth data for Northern Africa
- Gross Domestic Product, GDP in millions constant 2021 international $ 3.84 million (2027)
- Gross Fixed Capital Formation — Value US$ 190,477 million USD (2024)
- Gross Domestic Product — Value US$ 918,222 million USD (2024)
- Gross Domestic Product — Value US$ per capita 3,382 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 3,599 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 977,284 million USD (2024)
- Gross Domestic Product — Annual growth US$ 7.99 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 6.57 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.25 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth -0.4849 % change on previous year (2024)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Northern Africa?
- Volume of remittances (in united states dollars) as a proportion of in Northern Africa was 5.4% 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 Northern Africa?
- The highest recorded value was 5.8% in 2021.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Northern Africa?
- The lowest recorded value was 2.7% in 2000.
- How does Northern Africa rank for volume of remittances (in united states dollars) as a proportion of?
- Northern Africa ranks 3rd 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?
- Over the last ten years it is up 26.6%. The long-run trend across the full record is rising.
- Where does this Northern 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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