Personal remittances, received in Senegal

Senegal: Personal remittances, received was 3.27 billion current US$ in 2023. ◆ Volatile

Latest (2023)
3.27 billion current US$
Change on year
up 12.2%
World rank
56th
of 196 countries
All-time high
3.27 billion current US$
in 2023
All-time low
8.52 million current US$
in 1974
Years of data
50
1974–2023

Personal remittances, received in Senegal, 1974–2023

01.0B2.0B3.0B197419982023

Source: IMF balance of payments data, International Monetary Fund (IMF). Measured in current US$.

Analysis

In 2023, personal remittances, received in Senegal stood at 3.27 billion current US$. That is the highest value across all 50 years on record.

That represents a change of up 12.2% on the previous year and up 83.8% over ten years.

Over the whole period, personal remittances, received in Senegal peaked at 3.27 billion current US$ in 2023 and was at its lowest, 8.52 million current US$, in 1974.

Senegal ranks 56th of 196 countries on this measure, in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Averages by decade

DecadeAverage LowestHighest Years
1970s 39.30 million current US$ 8.52 million current US$ 56.27 million current US$ 6
1980s 86.08 million current US$ 53.76 million current US$ 117.82 million current US$ 10
1990s 154.46 million current US$ 113.83 million current US$ 186.03 million current US$ 10
2000s 777.78 million current US$ 234.07 million current US$ 1.48 billion current US$ 10
2010s 1.92 billion current US$ 1.48 billion current US$ 2.53 billion current US$ 10
2020s 2.97 billion current US$ 2.61 billion current US$ 3.27 billion current US$ 4

Countries ranked near Senegal

  1. 53 Zimbabwe 3.51 billion current US$ compare
  2. 54 Bosnia and Herzegovina 3.49 billion current US$ compare
  3. 55 Democratic Republic of Congo 3.32 billion current US$ compare
  4. 57 Tunisia 3.26 billion current US$ compare
  5. 58 Kyrgyzstan 3.20 billion current US$ compare
  6. 59 Slovakia 3.20 billion current US$ compare

See the full ranking of 243 places →

More economy & growth data for Senegal

All data for Senegal →

Frequently asked questions

What is personal remittances, received in Senegal?
Personal remittances, received in Senegal was 3.27 billion current US$ in 2023, according to IMF balance of payments data, International Monetary Fund (IMF).
What is the highest personal remittances, received recorded in Senegal?
The highest recorded value was 3.27 billion current US$ in 2023.
What is the lowest personal remittances, received recorded in Senegal?
The lowest recorded value was 8.52 million current US$ in 1974.
How does Senegal rank for personal remittances, received?
Senegal ranks 56th out of 196 countries with data for 2023.
Is personal remittances, received rising or falling in Senegal?
Over the last ten years it is up 83.8%. The long-run trend across the full record is volatile.
Where does this Senegal data come from?
The figures come from IMF balance of payments data, International Monetary Fund (IMF), published as part of Personal remittances, received (current US$). Statizoid updates them automatically from the source API.

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About this data

Indicator
Personal remittances, received (current US$)
Unit
current US$
Source
IMF balance of payments data, International Monetary Fund (IMF)
Licence
CC BY 4.0 (World Bank Open Data)
Coverage
243 places, 9,711 data points, 1970–2025
Last refreshed

Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.