Volume of remittances (in United States dollars) as a proportion of in Oceania
Oceania: Volume of remittances (in United States dollars) as a proportion of was 0.1% in 2024. ▼ Falling
Volume of remittances (in United States dollars) as a proportion of in Oceania, 2000–2024
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 Oceania is 0.1%, measured in 2024.
That represents a change of down 5.8% on the previous year and down 47.8% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Oceania peaked at 0.4% in 2003 and was at its lowest, 0.1%, in 2021.
That places Oceania 33rd out of 36 groups with data for 2024, putting it in the bottom quarter.
The long-run direction has been consistently falling across the 25 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Oceania, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.2% | — |
| 2001 | 0.2% | +16.6% |
| 2002 | 0.3% | +68.2% |
| 2003 | 0.4% | +7.1% |
| 2004 | 0.3% | -9.4% |
| 2005 | 0.3% | -2.1% |
| 2006 | 0.3% | -0.1% |
| 2007 | 0.3% | -1.7% |
| 2008 | 0.3% | -7.8% |
| 2009 | 0.3% | +3.1% |
| 2010 | 0.3% | -6.8% |
| 2011 | 0.3% | +1.8% |
| 2012 | 0.3% | -7.1% |
| 2013 | 0.3% | -0.5% |
| 2014 | 0.3% | +4.1% |
| 2015 | 0.3% | +1.1% |
| 2016 | 0.3% | +7.7% |
| 2017 | 0.2% | -33.0% |
| 2018 | 0.2% | -10.5% |
| 2019 | 0.2% | +0.1% |
| 2020 | 0.2% | -15.6% |
| 2021 | 0.1% | -14.4% |
| 2022 | 0.1% | +11.3% |
| 2023 | 0.2% | +5.5% |
| 2024 | 0.1% | -5.8% |
Biggest year-on-year movements
Years where Volume of remittances (in United States dollars) as a proportion of in Oceania 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.
| Year | Change | From | To |
|---|---|---|---|
| 2002 | +68.2% | 0.2% | 0.3% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3% | 0.2% | 0.4% | 10 |
| 2010s | 0.3% | 0.2% | 0.3% | 10 |
| 2020s | 0.1% | 0.1% | 0.2% | 5 |
Countries ranked near Oceania
- 30 Bosnia and Herzegovina 10.6% compare
- 31 Republic of Moldova 10.5% compare
- 31 Moldova 10.5% compare
- 33 Montenegro 10.3% compare
- 34 Guinea-Bissau 9.8% compare
- 35 Sao Tome and Principe 9.7% compare
- 36 Pakistan 9.4% compare
More economy & growth data for Oceania
- Gross Domestic Product — Value US$ per capita, 2015 prices 39,068 USD (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 1.3 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 2.09 % (2024)
- Gross Domestic Product — Annual growth US$ 3.27 % (2024)
- Gross Domestic Product — Value US$, 2015 prices 1.79 million million USD (2024)
- Gross Domestic Product — Value US$ 2.16 million million USD (2024)
- Gross Fixed Capital Formation — Annual growth US$ 7.32 % (2024)
- Gross Fixed Capital Formation — Annual growth US$, 2015 prices 4.38 % (2024)
- Gross Domestic Product — Annual growth US$ per capita, 2015 prices 0.1357 % (2024)
- Gross Domestic Product — Value US$ per capita 47,045 USD (2024)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Oceania?
- Volume of remittances (in united states dollars) as a proportion of in Oceania was 0.1% 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?
- The highest recorded value was 0.4% in 2003.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Oceania?
- The lowest recorded value was 0.1% in 2021.
- How does Oceania rank for volume of remittances (in united states dollars) as a proportion of?
- Oceania ranks 33rd 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?
- Over the last ten years it is down 47.8%. The long-run trend across the full record is falling.
- Where does this Oceania 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 — 25 observations, free to reuse under UN SDG Global Database (open, attribution requested).