Volume of remittances (in United States dollars) as a proportion of in Oceania (exc. Australia and New Zealand)
Oceania (exc. Australia and New Zealand): Volume of remittances (in United States dollars) as a proportion of was 2.2% in 2024. ▼ Falling
Volume of remittances (in United States dollars) as a proportion of in Oceania (exc. Australia and New Zealand), 2002–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Oceania (exc. Australia and New Zealand) recorded 2.2% for volume of remittances (in united states dollars) as a proportion of in 2024. That is the lowest value across all 17 years on record.
That represents a change of down 25.5% on the previous year and down 47.3% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Oceania (exc. Australia and New Zealand) peaked at 7.1% in 2003 and was at its lowest, 2.2%, in 2024.
Oceania (exc. Australia and New Zealand) ranks 15th of 36 groups on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 17 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Oceania (exc. Australia and New Zealand), year by year
| Year | Value | Change |
|---|---|---|
| 2002 | 7.1% | — |
| 2003 | 7.1% | +0.0% |
| 2004 | 6.9% | -2.3% |
| 2005 | 6.7% | -2.7% |
| 2006 | 6.0% | -11.3% |
| 2007 | 5.2% | -13.0% |
| 2008 | 5.1% | -2.8% |
| 2009 | 5.2% | +1.9% |
| 2010 | 4.5% | -13.5% |
| 2011 | 4.3% | -2.6% |
| 2012 | 4.3% | -0.5% |
| 2013 | 4.4% | +1.8% |
| 2014 | 4.1% | -7.3% |
| 2015 | 4.1% | -0.7% |
| 2016 | 4.2% | +4.0% |
| 2023 | 2.9% | -31.5% |
| 2024 | 2.2% | -25.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 6.2% | 5.1% | 7.1% | 8 |
| 2010s | 4.3% | 4.1% | 4.5% | 7 |
| 2020s | 2.5% | 2.2% | 2.9% | 2 |
Countries ranked near Oceania (exc. Australia and New Zealand)
More economy & growth data for Oceania (exc. Australia and New Zealand)
- Foreign direct investment (FDI) inflows 1,348 (2024)
- Annual growth rate of real GDP per employed person 0.6% (2025)
- Manufacturing value added (constant 2020 United States dollars) as a 5.3% (2025)
- Annual growth rate of real GDP per capita -1.3% (2024)
- Manufacturing value added (current United States dollars) as a 4.5% (2024)
- Merchandise trade as a proportion of GDP 54.9% (2024)
- Annual GDP growth 3.3% (2024)
- Foreign direct investment, net inflows, as a proportion of GDP 1.4% (2024)
- Domestic material consumption per unit of GDP, by type of raw material 1.99 (2022)
- Agriculture value added share of GDP 14.3% (2024)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Oceania (exc. Australia and New Zealand)?
- Volume of remittances (in united states dollars) as a proportion of in Oceania (exc. Australia and New Zealand) was 2.2% 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 Oceania (exc. Australia and New Zealand)?
- The highest recorded value was 7.1% in 2003.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Oceania (exc. Australia and New Zealand)?
- The lowest recorded value was 2.2% in 2024.
- How does Oceania (exc. Australia and New Zealand) rank for volume of remittances (in united states dollars) as a proportion of?
- Oceania (exc. Australia and New Zealand) ranks 15th out of 36 groups with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Oceania (exc. Australia and New Zealand)?
- Over the last ten years it is down 47.3%. The long-run trend across the full record is falling.
- Where does this Oceania (exc. Australia and New Zealand) 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.
Download this data
CSV · JSON — 17 observations, free to reuse under UN SDG Global Database (open, attribution requested).