Volume of remittances (in United States dollars) as a proportion of in Turkey
Turkey: Volume of remittances (in United States dollars) as a proportion of was 0.1% in 2024. ◆ Volatile
Volume of remittances (in United States dollars) as a proportion of in Turkey, 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 Turkey stood at 0.1%. That is the lowest value across all 25 years on record.
The figure is down 19.9% on the previous year and down 60.8% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Turkey peaked at 1.7% in 2000 and was at its lowest, 0.1%, in 2024.
Turkey ranks 192nd of 203 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Volume of remittances (in United States dollars) as a proportion of in Turkey, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 1.7% | — |
| 2001 | 1.4% | -17.0% |
| 2002 | 0.8% | -41.6% |
| 2003 | 0.2% | -71.3% |
| 2004 | 0.2% | -15.2% |
| 2005 | 0.3% | +37.3% |
| 2006 | 0.3% | +21.7% |
| 2007 | 0.3% | -6.6% |
| 2008 | 0.3% | +2.8% |
| 2009 | 0.3% | -10.8% |
| 2010 | 0.2% | -17.1% |
| 2011 | 0.2% | -4.0% |
| 2012 | 0.2% | -4.7% |
| 2013 | 0.2% | -7.0% |
| 2014 | 0.2% | -6.6% |
| 2015 | 0.2% | -12.3% |
| 2016 | 0.1% | -14.8% |
| 2017 | 0.1% | -11.4% |
| 2018 | 0.1% | +19.0% |
| 2019 | 0.1% | -24.2% |
| 2020 | 0.1% | +0.8% |
| 2021 | 0.1% | -22.3% |
| 2022 | 0.1% | -13.1% |
| 2023 | 0.1% | +20.0% |
| 2024 | 0.1% | -19.9% |
Turkey compared with similar countries
- Turkey's 0.1% is below the median for upper middle income countries, which is 3.6%, 2% of the median. (53 countries reporting)
- Turkey's 0.1% is below the median for Europe & Central Asia, which is 1.5%, 5% of the median. (50 countries reporting)
Biggest year-on-year movements
Years where Volume of remittances (in United States dollars) as a proportion of in Turkey 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 |
|---|---|---|---|
| 2003 | -71.3% | 0.8% | 0.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.6% | 0.2% | 1.7% | 10 |
| 2010s | 0.2% | 0.1% | 0.2% | 10 |
| 2020s | 0.1% | 0.1% | 0.1% | 5 |
Countries ranked near Turkey
More economy & growth data for Turkey
- Foreign direct investment, net outflows (BoP, current US$), gaps 6.61 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0049 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 77.33 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 11.70 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 9.77 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0086 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 136.79 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 19.3 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.1162 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 2,161 includes gold, current US$ per person (2025)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Turkey?
- Volume of remittances (in united states dollars) as a proportion of in Turkey 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 Turkey?
- The highest recorded value was 1.7% in 2000.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Turkey?
- The lowest recorded value was 0.1% in 2024.
- How does Turkey rank for volume of remittances (in united states dollars) as a proportion of?
- Turkey ranks 192nd out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Turkey?
- Over the last ten years it is down 60.8%. The long-run trend across the full record is volatile.
- Where does this Turkey 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).