In 2022, Gambia registered the highest value of personal remittances received in Africa in relation to the Gross Domestic Product (GDP). Received remittances covered around 28 percent of the country's GDP. South Sudan and Somalia followed, with approximately 25 and 21 percent, respectively.
Countries in Africa with the highest values of personal remittances received as a share of GDP in 2022
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Share of GDP
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The source adds the following information: "All data shown here are the World Bank’s calculations based on data from IMF Balance of Payments Statistics database and data releases from central banks, national statistical agencies, and World Bank country desks. Data on GDP are from IMF World Economic Outlook. Trends over time are not directly comparable due to changes in measurement. Also, data often do not include remittances sent by migrants via money transfer operators (i.e. Western Union) or informal transfers (i.e. friends, relatives)."
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International Organization for Migration. (December 2, 2022). Countries in Africa with the highest values of personal remittances received as a share of GDP in 2022 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1269665/highest-personal-remittances-received-in-africa-as-a-share-of-gdp/
International Organization for Migration. "Countries in Africa with the highest values of personal remittances received as a share of GDP in 2022." Chart. December 2, 2022. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1269665/highest-personal-remittances-received-in-africa-as-a-share-of-gdp/
International Organization for Migration. (2022). Countries in Africa with the highest values of personal remittances received as a share of GDP in 2022. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1269665/highest-personal-remittances-received-in-africa-as-a-share-of-gdp/
International Organization for Migration. "Countries in Africa with The Highest Values of Personal Remittances Received as a Share of Gdp in 2022." Statista, Statista Inc., 2 Dec 2022, https://www.statista.com/statistics/1269665/highest-personal-remittances-received-in-africa-as-a-share-of-gdp/
International Organization for Migration, Countries in Africa with the highest values of personal remittances received as a share of GDP in 2022 Statista, https://www.statista.com/statistics/1269665/highest-personal-remittances-received-in-africa-as-a-share-of-gdp/ (last visited July 22, 2024)
Countries in Africa with the highest values of personal remittances received as a share of GDP in 2022 [Graph], International Organization for Migration, December 2, 2022. [Online]. Available: https://www.statista.com/statistics/1269665/highest-personal-remittances-received-in-africa-as-a-share-of-gdp/
