Volume of remittances (in United States dollars) as a proportion of in Russia
Russia: Volume of remittances (in United States dollars) as a proportion of was 0.1% in 2024. ▲ Rising
Latest (2024)
0.1%
Change on year
down 30.5%
World rank
188th
of 203 countries
All-time high
0.7%
in 2020
All-time low
0.1%
in 2024
Years of data
25
2000–2024
Volume of remittances (in United States dollars) as a proportion of in Russia, 2000–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Russia recorded 0.1% for volume of remittances (in united states dollars) as a proportion of in 2024. That is the lowest value across all 25 years on record.
That represents a change of down 30.5% on the previous year and down 76.8% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Russia peaked at 0.7% in 2020 and was at its lowest, 0.1%, in 2024.
That places Russia 188th out of 203 countries with data for 2024, putting it 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 Russia, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.2% | — |
| 2001 | 0.3% | +67.1% |
| 2002 | 0.3% | -15.8% |
| 2003 | 0.3% | -4.5% |
| 2004 | 0.4% | +44.3% |
| 2005 | 0.4% | +20.5% |
| 2006 | 0.4% | -14.2% |
| 2007 | 0.4% | -7.0% |
| 2008 | 0.3% | -3.8% |
| 2009 | 0.4% | +20.9% |
| 2010 | 0.3% | -17.5% |
| 2011 | 0.3% | -13.4% |
| 2012 | 0.3% | -12.1% |
| 2013 | 0.3% | +12.4% |
| 2014 | 0.4% | +28.2% |
| 2015 | 0.5% | +34.1% |
| 2016 | 0.5% | +3.5% |
| 2017 | 0.5% | -0.1% |
| 2018 | 0.6% | +7.1% |
| 2019 | 0.6% | +10.0% |
| 2020 | 0.7% | +7.8% |
| 2021 | 0.5% | -20.6% |
| 2022 | 0.1% | -73.1% |
| 2023 | 0.1% | -10.8% |
| 2024 | 0.1% | -30.5% |
Russia compared with similar countries
- Russia's 0.1% is below the median for high income countries, which is 0.7%, 12% of the median. (66 countries reporting)
- Russia's 0.1% is below the median for Europe & Central Asia, which is 1.5%, 6% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3% | 0.2% | 0.4% | 10 |
| 2010s | 0.4% | 0.3% | 0.6% | 10 |
| 2020s | 0.3% | 0.1% | 0.7% | 5 |
Countries ranked near Russia
- 185 Ireland 0.1% compare
- 186 Australia 0.1% compare
- 186 Australia and New Zealand 0.1% compare
- 188 Russian Federation 0.1% compare
- 190 Kazakhstan 0.1% compare
- 191 Maldives 0.1% compare
More economy & growth data for Russia
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.54 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.25 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 10.58 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0041 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 73.7 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 22.93 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 345.24 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.009 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 159.78 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 1.87 % change on previous year (2024)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Russia?
- Volume of remittances (in united states dollars) as a proportion of in Russia 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 Russia?
- The highest recorded value was 0.7% in 2020.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Russia?
- The lowest recorded value was 0.1% in 2024.
- How does Russia rank for volume of remittances (in united states dollars) as a proportion of?
- Russia ranks 188th out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Russia?
- Over the last ten years it is down 76.8%. The long-run trend across the full record is rising.
- Where does this Russia 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
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