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

World: Volume of remittances (in United States dollars) as a proportion of was 1.0% in 2024. ▲ Rising

Latest (2024)
1.0%
Change on year
up 4.3%
Rank
20th
of 36 groups
All-time high
1.0%
in 2024
All-time low
0.5%
in 2000
Years of data
25
2000–2024

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

00.20.40.60.812000201220242000: 0.4522001: 0.4982002: 0.5542003: 0.6082004: 0.6062005: 0.6532006: 0.7022007: 0.7482008: 0.7932009: 0.82010: 0.7862011: 0.7932012: 0.8262013: 0.852014: 0.8782015: 0.9062016: 0.8722017: 0.8842018: 0.8942019: 0.912020: 0.9392021: 0.9162022: 0.952023: 0.9342024: 0.974

Source: United Nations Statistics Division, SDG Global Database.

Analysis

World recorded 1.0% for volume of remittances (in united states dollars) as a proportion of in 2024. That is the highest value across all 25 years on record.

Compared with earlier readings it is up 4.3% on the previous year and up 10.9% over ten years.

Over the whole period, volume of remittances (in united states dollars) as a proportion of in World peaked at 1.0% in 2024 and was at its lowest, 0.5%, in 2000.

World ranks 20th 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 World, year by year

Annual values for Volume of remittances (in United States dollars) as a proportion of total GDP (%) in World, 2000 to 2024.
Year Value Change
2000 0.5%
2001 0.5% +10.2%
2002 0.6% +11.2%
2003 0.6% +9.8%
2004 0.6% -0.4%
2005 0.7% +7.8%
2006 0.7% +7.5%
2007 0.7% +6.6%
2008 0.8% +6.0%
2009 0.8% +0.8%
2010 0.8% -1.7%
2011 0.8% +0.9%
2012 0.8% +4.1%
2013 0.9% +3.0%
2014 0.9% +3.3%
2015 0.9% +3.2%
2016 0.9% -3.8%
2017 0.9% +1.4%
2018 0.9% +1.2%
2019 0.9% +1.7%
2020 0.9% +3.2%
2021 0.9% -2.4%
2022 1.0% +3.7%
2023 0.9% -1.7%
2024 1.0% +4.3%

Averages by decade

DecadeAverage LowestHighest Years
2000s 0.6% 0.5% 0.8% 10
2010s 0.9% 0.8% 0.9% 10
2020s 0.9% 0.9% 1.0% 5

Countries ranked near World

  1. 17 Vanuatu 18.8% compare
  2. 18 Kosovo 17.3% compare
  3. 19 Haiti 16.3% compare
  4. 20 Jamaica 16.2% compare
  5. 21 Uzbekistan 14.4% compare
  6. 22 Polynesia 12.4% compare
  7. 23 Cabo Verde 12.3% compare

See the full ranking of 239 places →

More economy & growth data for World

All data for World →

Frequently asked questions

What is volume of remittances (in united states dollars) as a proportion of in World?
Volume of remittances (in united states dollars) as a proportion of in World was 1.0% 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 World?
The highest recorded value was 1.0% in 2024.
What is the lowest volume of remittances (in united states dollars) as a proportion of recorded in World?
The lowest recorded value was 0.5% in 2000.
How does World rank for volume of remittances (in united states dollars) as a proportion of?
World ranks 20th out of 36 groups with data for 2024.
Is volume of remittances (in united states dollars) as a proportion of rising or falling in World?
Over the last ten years it is up 10.9%. The long-run trend across the full record is rising.
Where does this World 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 World. Statizoid, drawing on United Nations Statistics Division, SDG Global Database. Retrieved 17 September 2026, from https://economy.statizoid.com/stat/volume-of-remittances-in-united-states-dollars-as-a-proportion-of-total-gdp-percent/world/

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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