Volume of remittances (in United States dollars) as a proportion of in United Kingdom
United Kingdom: 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 United Kingdom, 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 United Kingdom stood at 0.1%.
That represents a change of down 18.0% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in United Kingdom peaked at 0.3% in 2000 and was at its lowest, 0.1%, in 2021.
That places United Kingdom 181st out of 203 countries 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 United Kingdom, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.3% | — |
| 2001 | 0.3% | -1.4% |
| 2002 | 0.3% | -2.3% |
| 2003 | 0.3% | -5.6% |
| 2004 | 0.2% | -11.4% |
| 2005 | 0.2% | -3.1% |
| 2006 | 0.2% | -5.2% |
| 2007 | 0.2% | -5.9% |
| 2008 | 0.2% | -3.6% |
| 2009 | 0.2% | +6.0% |
| 2010 | 0.2% | -8.1% |
| 2011 | 0.2% | -3.9% |
| 2012 | 0.2% | -4.6% |
| 2013 | 0.2% | -5.5% |
| 2014 | 0.2% | -6.8% |
| 2015 | 0.2% | +6.1% |
| 2016 | 0.2% | -0.3% |
| 2017 | 0.2% | -5.7% |
| 2018 | 0.2% | -5.1% |
| 2019 | 0.1% | -3.3% |
| 2020 | 0.1% | -18.6% |
| 2021 | 0.1% | -9.1% |
| 2022 | 0.1% | +15.0% |
| 2023 | 0.1% | +5.2% |
| 2024 | 0.1% | +0.0% |
United Kingdom compared with similar countries
- United Kingdom's 0.1% is below the median for high income countries, which is 0.7%, 18% of the median. (66 countries reporting)
- United Kingdom's 0.1% is below the median for Europe & Central Asia, which is 1.5%, 8% of the median. (50 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.3% | 0.2% | 0.3% | 10 |
| 2010s | 0.2% | 0.1% | 0.2% | 10 |
| 2020s | 0.1% | 0.1% | 0.1% | 5 |
Countries ranked near United Kingdom
- 178 Argentina 0.2% compare
- 179 New Zealand 0.2% compare
- 180 Cayman Islands 0.1% compare
- 181 United Kingdom of Great Britain and Northern Ireland 0.1% compare
- 183 Gabon 0.1% compare
- 184 Japan 0.1% compare
More economy & growth data for United Kingdom
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 1.14 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.42 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 86.93 billion BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0217 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 1,251 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 76.63 billion BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual 691.49 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0191 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,103 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 22.77 % change on previous year (2025)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in United Kingdom?
- Volume of remittances (in united states dollars) as a proportion of in United Kingdom 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 United Kingdom?
- The highest recorded value was 0.3% in 2000.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in United Kingdom?
- The lowest recorded value was 0.1% in 2021.
- How does United Kingdom rank for volume of remittances (in united states dollars) as a proportion of?
- United Kingdom ranks 181st out of 203 countries with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in United Kingdom?
- Over the last ten years it is down 18.0%. The long-run trend across the full record is falling.
- Where does this United Kingdom 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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