Volume of remittances (in United States dollars) as a proportion of in Southern Europe

Southern Europe: Volume of remittances (in United States dollars) as a proportion of was 0.8% in 2024. ▲ Rising

Latest (2024)
0.8%
Change on year
down 1.7%
Rank
23rd
of 36 groups
All-time high
0.8%
in 2023
All-time low
0.3%
in 2003
Years of data
25
2000–2024

Volume of remittances (in United States dollars) as a proportion of in Southern Europe, 2000–2024

00.20.40.60.82000201220242000: 0.3992001: 0.3972002: 0.3692003: 0.3482004: 0.3482005: 0.3572006: 0.3542007: 0.4632008: 0.52009: 0.5142010: 0.5242011: 0.522012: 0.5562013: 0.6052014: 0.6172015: 0.6582016: 0.6492017: 0.6552018: 0.6692019: 0.7092020: 0.7242021: 0.732022: 0.7842023: 0.8082024: 0.794

Source: United Nations Statistics Division, SDG Global Database.

Analysis

In 2024, volume of remittances (in united states dollars) as a proportion of in Southern Europe stood at 0.8%.

The figure is down 1.7% on the previous year and up 28.7% over ten years.

Over the whole period, volume of remittances (in united states dollars) as a proportion of in Southern Europe peaked at 0.8% in 2023 and was at its lowest, 0.3%, in 2003.

Southern Europe ranks 23rd of 36 groups on this measure, in the middle of the range.

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 Southern Europe, year by year

Annual values for Volume of remittances (in United States dollars) as a proportion of total GDP (%) in Southern Europe, 2000 to 2024.
Year Value Change
2000 0.4%
2001 0.4% -0.5%
2002 0.4% -7.2%
2003 0.3% -5.5%
2004 0.3% +0.0%
2005 0.4% +2.4%
2006 0.4% -0.8%
2007 0.5% +30.7%
2008 0.5% +8.0%
2009 0.5% +2.8%
2010 0.5% +2.0%
2011 0.5% -0.8%
2012 0.6% +7.0%
2013 0.6% +8.7%
2014 0.6% +2.0%
2015 0.7% +6.7%
2016 0.6% -1.3%
2017 0.7% +0.9%
2018 0.7% +2.1%
2019 0.7% +5.9%
2020 0.7% +2.1%
2021 0.7% +0.8%
2022 0.8% +7.5%
2023 0.8% +3.0%
2024 0.8% -1.7%

Biggest year-on-year movements

Years where Volume of remittances (in United States dollars) as a proportion of in Southern Europe 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.

YearChange FromTo
2007 +30.7% 0.4% 0.5%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.4% 0.3% 0.5% 10
2010s 0.6% 0.5% 0.7% 10
2020s 0.8% 0.7% 0.8% 5

Countries ranked near Southern Europe

  1. 20 Jamaica 16.2% compare
  2. 21 Uzbekistan 14.4% compare
  3. 22 Polynesia 12.4% compare
  4. 23 Cabo Verde 12.3% compare
  5. 24 Yemen 12.0% compare
  6. 25 Georgia 11.9% compare
  7. 26 Timor-Leste 11.8% compare
  8. 26 East Timor 11.8% compare

See the full ranking of 239 places →

More economy & growth data for Southern Europe

All data for Southern Europe →

Frequently asked questions

What is volume of remittances (in united states dollars) as a proportion of in Southern Europe?
Volume of remittances (in united states dollars) as a proportion of in Southern Europe was 0.8% 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 Southern Europe?
The highest recorded value was 0.8% in 2023.
What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Southern Europe?
The lowest recorded value was 0.3% in 2003.
How does Southern Europe rank for volume of remittances (in united states dollars) as a proportion of?
Southern Europe ranks 23rd out of 36 groups with data for 2024.
Is volume of remittances (in united states dollars) as a proportion of rising or falling in Southern Europe?
Over the last ten years it is up 28.7%. The long-run trend across the full record is rising.
Where does this Southern Europe 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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Volume of remittances (in United States dollars) as a proportion of in Southern Europe. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 18 September 2026, from https://economy.statizoid.com/stat/volume-of-remittances-in-united-states-dollars-as-a-proportion-of-total-gdp-percent/southern-europe/

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About this data

Indicator
Volume of remittances (in United States dollars) as a proportion of total GDP (%)
Source
United Nations Statistics Division, SDG Global Database
Licence
UN SDG Global Database (open, attribution requested)
Coverage
239 places, 5,381 data points, 2000–2024
Last refreshed