Remittances towards Sub-Saharan Africa are forecast to slow down in growth in 2023 compared to previous years. In 2022, Sub-Saharan countries received remittances valued at an estimated 53 billion U.S. dollars. By 2023, this value is predicted to increase to 54 billion U.S. dollars. The region saw the largest increase in 2021, after the coronavirus pandemic led to a significant decline in 2020.
Value of remittances sent to low-and middle-income countries in Sub-Saharan Africa from 2016 to 2023 with forecasts for 2024 and 2025, based on remittance inflow from any other country
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World Bank. (June 28, 2024). Value of remittances sent to low-and middle-income countries in Sub-Saharan Africa from 2016 to 2023 with forecasts for 2024 and 2025, based on remittance inflow from any other country [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/962822/remittance-flows-to-sub-saharan-african-countries/
World Bank. "Value of remittances sent to low-and middle-income countries in Sub-Saharan Africa from 2016 to 2023 with forecasts for 2024 and 2025, based on remittance inflow from any other country." Chart. June 28, 2024. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/962822/remittance-flows-to-sub-saharan-african-countries/
World Bank. (2024). Value of remittances sent to low-and middle-income countries in Sub-Saharan Africa from 2016 to 2023 with forecasts for 2024 and 2025, based on remittance inflow from any other country. Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/962822/remittance-flows-to-sub-saharan-african-countries/
World Bank. "Value of Remittances Sent to Low-and Middle-income Countries in Sub-saharan Africa from 2016 to 2023 with Forecasts for 2024 and 2025, Based on Remittance Inflow from Any Other Country." Statista, Statista Inc., 28 Jun 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/962822/remittance-flows-to-sub-saharan-african-countries/
World Bank, Value of remittances sent to low-and middle-income countries in Sub-Saharan Africa from 2016 to 2023 with forecasts for 2024 and 2025, based on remittance inflow from any other country Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/962822/remittance-flows-to-sub-saharan-african-countries/ (last visited September 20, 2024)
Value of remittances sent to low-and middle-income countries in Sub-Saharan Africa from 2016 to 2023 with forecasts for 2024 and 2025, based on remittance inflow from any other country [Graph], World Bank, June 28, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/962822/remittance-flows-to-sub-saharan-african-countries/
