Volume of remittances (in United States dollars) as a proportion of in Portugal
Portugal: Volume of remittances (in United States dollars) as a proportion of was 0.6% in 2024. ▲ Rising
Latest (2024)
0.6%
Change on year
down 1.0%
World rank
153rd
of 203 countries
All-time high
0.6%
in 2022
All-time low
0.2%
in 2005
Years of data
25
2000–2024
Volume of remittances (in United States dollars) as a proportion of in Portugal, 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 Portugal stood at 0.6%.
The figure is down 1.0% on the previous year and up 119.9% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Portugal peaked at 0.6% in 2022 and was at its lowest, 0.2%, in 2005.
Portugal ranks 153rd of 203 countries on this measure, in the bottom quarter.
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 Portugal, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.2% | — |
| 2001 | 0.3% | +29.0% |
| 2002 | 0.2% | -18.5% |
| 2003 | 0.2% | +1.4% |
| 2004 | 0.2% | -12.5% |
| 2005 | 0.2% | -3.6% |
| 2006 | 0.2% | +7.6% |
| 2007 | 0.3% | +20.3% |
| 2008 | 0.2% | -4.1% |
| 2009 | 0.2% | +0.5% |
| 2010 | 0.2% | -11.3% |
| 2011 | 0.3% | +18.7% |
| 2012 | 0.3% | -2.5% |
| 2013 | 0.2% | -0.7% |
| 2014 | 0.3% | +7.3% |
| 2015 | 0.3% | -2.9% |
| 2016 | 0.3% | +1.8% |
| 2017 | 0.3% | -0.1% |
| 2018 | 0.3% | +12.9% |
| 2019 | 0.3% | +17.1% |
| 2020 | 0.4% | +26.6% |
| 2021 | 0.5% | +20.8% |
| 2022 | 0.6% | +18.3% |
| 2023 | 0.6% | -6.0% |
| 2024 | 0.6% | -1.0% |
Portugal compared with similar countries
- Portugal's 0.6% is below the median for high income countries, which is 0.7%, 80% of the median. (66 countries reporting)
- Portugal's 0.6% is below the median for Europe & Central Asia, which is 1.5%, 38% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.2% | 0.2% | 0.3% | 10 |
| 2010s | 0.3% | 0.2% | 0.3% | 10 |
| 2020s | 0.6% | 0.4% | 0.6% | 5 |
Countries ranked near Portugal
- 150 Qatar 0.7% compare
- 151 Austria 0.7% compare
- 152 Panama 0.6% compare
- 154 Turks and Caicos Islands 0.6% compare
- 155 Seychelles 0.6% compare
- 156 Iran (Islamic Republic of) 0.5% compare
More economy & growth data for Portugal
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.9 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 6.84 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0218 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 639.78 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 13.49 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 16.41 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.043 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,261 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 62.23 % change on previous year (2025)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Portugal?
- Volume of remittances (in united states dollars) as a proportion of in Portugal was 0.6% 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 Portugal?
- The highest recorded value was 0.6% in 2022.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Portugal?
- The lowest recorded value was 0.2% in 2005.
- How does Portugal rank for volume of remittances (in united states dollars) as a proportion of?
- Portugal ranks 153rd out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Portugal?
- Over the last ten years it is up 119.9%. The long-run trend across the full record is rising.
- Where does this Portugal 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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