Volume of remittances (in United States dollars) as a proportion of in Western Europe
Western Europe: Volume of remittances (in United States dollars) as a proportion of was 0.8% in 2024. ▲ Rising
Volume of remittances (in United States dollars) as a proportion of in Western Europe, 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 Western Europe stood at 0.8%.
That represents a change of up 0.9% on the previous year and up 11.2% over ten years.
Over the whole period, volume of remittances (in united states dollars) as a proportion of in Western Europe peaked at 0.8% in 2020 and was at its lowest, 0.5%, in 2000.
That places Western Europe 22nd out of 36 groups with data for 2024, putting it 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 Western Europe, year by year
| Year | Value | Change |
|---|---|---|
| 2000 | 0.5% | — |
| 2001 | 0.5% | +2.9% |
| 2002 | 0.5% | +7.0% |
| 2003 | 0.5% | +1.4% |
| 2004 | 0.5% | -2.7% |
| 2005 | 0.5% | +4.6% |
| 2006 | 0.5% | +3.2% |
| 2007 | 0.5% | +2.9% |
| 2008 | 0.6% | +4.2% |
| 2009 | 0.6% | +12.4% |
| 2010 | 0.7% | +1.9% |
| 2011 | 0.7% | +2.5% |
| 2012 | 0.7% | +1.8% |
| 2013 | 0.7% | +5.1% |
| 2014 | 0.7% | +0.1% |
| 2015 | 0.7% | +4.1% |
| 2016 | 0.7% | -0.8% |
| 2017 | 0.8% | +1.5% |
| 2018 | 0.7% | -0.8% |
| 2019 | 0.8% | +1.9% |
| 2020 | 0.8% | +4.9% |
| 2021 | 0.8% | -2.9% |
| 2022 | 0.8% | +1.8% |
| 2023 | 0.8% | +0.2% |
| 2024 | 0.8% | +0.9% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.5% | 0.5% | 0.6% | 10 |
| 2010s | 0.7% | 0.7% | 0.8% | 10 |
| 2020s | 0.8% | 0.8% | 0.8% | 5 |
Countries ranked near Western Europe
More economy & growth data for Western Europe
- Gross Domestic Product, GDP in millions constant 2021 international $ 12.78 million (2027)
- Gross Fixed Capital Formation — Value US$ 2.48 million million USD (2024)
- Gross Domestic Product — Value US$ 11.28 million million USD (2024)
- Gross Domestic Product — Value US$ per capita 56,453 USD (2024)
- Gross Domestic Product — Value US$ per capita, 2015 prices 45,841 USD (2024)
- Gross Domestic Product — Value US$, 2015 prices 9.16 million million USD (2024)
- Gross Domestic Product — Annual growth US$ 3.64 % (2024)
- Gross Domestic Product — Annual growth US$ per capita 3.47 % (2024)
- Gross Domestic Product — Annual growth US$, 2015 prices 0.4755 % (2024)
- Gross Fixed Capital Formation — Value US$, 2015 prices, annual growth -1.68 % change on previous year (2024)
Frequently asked questions
- What is volume of remittances (in united states dollars) as a proportion of in Western Europe?
- Volume of remittances (in united states dollars) as a proportion of in Western 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 Western Europe?
- The highest recorded value was 0.8% in 2020.
- What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in Western Europe?
- The lowest recorded value was 0.5% in 2000.
- How does Western Europe rank for volume of remittances (in united states dollars) as a proportion of?
- Western Europe ranks 22nd 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 Europe?
- Over the last ten years it is up 11.2%. The long-run trend across the full record is rising.
- Where does this Western 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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