Kenyans living abroad sent home some 321.5 million U.S. dollars in February 2022. The remittances' value decreased from 338.7 million U.S. dollars in the preceding month. However, compared to February 2021 and 2022, the amount of money sent from Kenyans abroad increased substantially. According to the Central Bank of Kenya, remittances have been considered an important contributor to the country's economy.
Value of remittances received in Kenya from January 2020 to February 2022
(in million U.S. dollars)
Figures have been rounded.
The source does not specify the publication date. The release date is the date of access.
According to the source, a remittance is money sent by a person in a foreign land to his or her home country. The Central Bank of Kenya conducts a survey on remittance inflows every month through formal channels that include commercial banks and other authorized international remittances service providers in Kenya.
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Central Bank of Kenya. (March 24, 2022). Value of remittances received in Kenya from January 2020 to February 2022 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 23, 2024, from https://www.statista.com/statistics/1223336/monthly-remittances-inflow-in-kenya/
Central Bank of Kenya. "Value of remittances received in Kenya from January 2020 to February 2022 (in million U.S. dollars)." Chart. March 24, 2022. Statista. Accessed November 23, 2024. https://www.statista.com/statistics/1223336/monthly-remittances-inflow-in-kenya/
Central Bank of Kenya. (2022). Value of remittances received in Kenya from January 2020 to February 2022 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 23, 2024. https://www.statista.com/statistics/1223336/monthly-remittances-inflow-in-kenya/
Central Bank of Kenya. "Value of Remittances Received in Kenya from January 2020 to February 2022 (in Million U.S. Dollars)." Statista, Statista Inc., 24 Mar 2022, https://www.statista.com/statistics/1223336/monthly-remittances-inflow-in-kenya/
Central Bank of Kenya, Value of remittances received in Kenya from January 2020 to February 2022 (in million U.S. dollars) Statista, https://www.statista.com/statistics/1223336/monthly-remittances-inflow-in-kenya/ (last visited November 23, 2024)
Value of remittances received in Kenya from January 2020 to February 2022 (in million U.S. dollars) [Graph], Central Bank of Kenya, March 24, 2022. [Online]. Available: https://www.statista.com/statistics/1223336/monthly-remittances-inflow-in-kenya/
