Volume of remittances (in United States dollars) as a proportion of in Western Asia
Western Asia: Volume of remittances (in United States dollars) as a proportion of was 0.4% in 2024. ▼ Falling
Volume of remittances (in United States dollars) as a proportion of in Western Asia, 2005–2024
Source: United Nations Statistics Division, SDG Global Database.
Analysis
Western Asia recorded 0.4% for volume of remittances (in united states dollars) as a proportion of in 2024. That is the lowest value across all 20 years on record.
The figure is down 40.2% on the previous year and down 58.7% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Western Asia peaked at 1.3% in 2009 and was at its lowest, 0.4%, in 2024.
That places Western Asia 27th out of 36 groups with data for 2024, putting it in the middle of the range.
The long-run direction has been consistently falling across the 20 years of available data.
Volume of remittances (in United States dollars) as a proportion of in Western Asia, year by year
| Year | Value | Change |
|---|---|---|
| 2005 | 1.2% | — |
| 2006 | 1.2% | -1.9% |
| 2007 | 1.2% | -1.6% |
| 2008 | 1.2% | +0.4% |
| 2009 | 1.3% | +7.3% |
| 2010 | 1.1% | -16.2% |
| 2011 | 0.9% | -17.9% |
| 2012 | 0.9% | +5.8% |
| 2013 | 0.9% | +3.2% |
| 2014 | 1.0% | +2.2% |
| 2015 | 1.0% | +4.5% |
| 2016 | 1.0% | -2.8% |
| 2017 | 0.8% | -14.1% |
| 2018 | 0.8% | -5.1% |
| 2019 | 0.8% | +3.8% |
| 2020 | 0.9% | +5.3% |
| 2021 | 0.8% | -4.4% |
| 2022 | 0.8% | -2.3% |
| 2023 | 0.7% | -18.2% |
| 2024 | 0.4% | -40.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 1.2% | 1.2% | 1.3% | 5 |
| 2010s | 0.9% | 0.8% | 1.1% | 10 |
| 2020s | 0.7% | 0.4% | 0.9% | 5 |
Countries ranked near Western Asia
- 24 Yemen 12.0% compare
- 25 Georgia 11.9% compare
- 26 Timor-Leste 11.8% compare
- 26 East Timor 11.8% compare
- 28 Senegal 10.6% compare
- 29 French Polynesia 10.6% compare
- 30 Bosnia and Herzegovina 10.6% compare
More economy & growth data for Western Asia
- Gross Domestic Product, GDP in millions constant 2021 international $ 4.37 million (2027)
- Gross Fixed Capital Formation — Value US$ 1.19 million million USD (2024)
- Gross Domestic Product — Value US$ 4.55 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 14,704 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 12,408 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 3.84 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 6.59 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 4.74 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 2.05 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth 2.46 % change on previous year (2024)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Western Asia?
- Volume of remittances (in united states dollars) as a proportion of in Western Asia was 0.4% 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 Western Asia?
- The highest recorded value was 1.3% in 2009.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Western Asia?
- The lowest recorded value was 0.4% in 2024.
- How does Western Asia rank for volume of remittances (in united states dollars) as a proportion of?
- Western Asia ranks 27th out of 36 groups with data for 2024.
- Is volume of remittances (in united states dollars) as a proportion of rising or falling in Western Asia?
- Over the last ten years it is down 58.7%. The long-run trend across the full record is falling.
- Where does this Western Asia 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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