Remittance Dependence by Country 2024

This chart ranks countries by personal remittances received as a share of GDP in 2024, showing which economies depend most heavily on money sent home by citizens working abroad rather than on domestic production.

About This Dataset

Remittance Dependence by Country 2024
This chart ranks countries by personal remittances received as a share of GDP in 2024, showing which economies depend most heavily on money sent home by citizens working abroad rather than on domestic production.
✨ AI Insight

Tajikistan leads with remittances equal to 47.2% of GDP, meaning nearly half its entire economy is money earned by citizens working abroad, mostly in Russia. Tonga follows on 39.2%, and every country listed exceeds 21%. This ranking is the mirror image of the absolute totals: India receives the most money in the world yet remittances are a small fraction of its GDP, while none of these ten appear among the largest recipients by value. Small island and landlocked states dominate, with Tonga, Samoa and the Marshall Islands representing the Pacific and Nicaragua, Honduras and El Salvador Central America. Such dependence is a double-edged sword, cushioning poverty but leaving economies exposed to recessions in a single host country.

Source:  World Bank (IMF Balance of Payments)

Key Findings

Auto-computed highlights from this dataset

🏆
Tajikistan leads with 47 in 2024.
📊
Average value in 2024: 28  ·  median: 25.
↔️
Gap in 2024: Tajikistan is 2.2× larger than Liberia.

Remittance Dependence by Country 2024

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Data Insights

Numbers, trends & sources behind this chart

Admin
Data Points
10
10 categories  ·  1 year
Top Value
47.20
Tajikistan
Personal Remittances Received (% of GDP) · 2024
Metrics
1
Personal Remittances Received (% of GDP)
Period
2024
Single year snapshot

Category Rankings

Personal Remittances Received (% of GDP) · 2024

# Category 2024
🥇 Tajikistan 47.20
🥈 Tonga 39.20
🥉 Nicaragua 26.60
4 Nepal 26
5 Honduras 25.70
6 El Salvador 24.30
7 Samoa 24
8 Marshall Islands 23.50
9 Gambia 22
10 Liberia 21.30
Statistical Summary — Personal Remittances Received (% of GDP) · 2024
47.20
Maximum
21.30
Minimum
28
Average
25
Median

What This Data Shows

Auto-generated trend summaries per category

Tajikistan
Recorded 47.20 Personal Remittances Received (% of GDP) in 2024.
Tonga
Recorded 39.20 Personal Remittances Received (% of GDP) in 2024.
Nicaragua
Recorded 26.60 Personal Remittances Received (% of GDP) in 2024.
Nepal
Recorded 26 Personal Remittances Received (% of GDP) in 2024.
Honduras
Recorded 25.70 Personal Remittances Received (% of GDP) in 2024.
El Salvador
Recorded 24.30 Personal Remittances Received (% of GDP) in 2024.
Samoa
Recorded 24 Personal Remittances Received (% of GDP) in 2024.
Marshall Islands
Recorded 23.50 Personal Remittances Received (% of GDP) in 2024.
Gambia
Recorded 22 Personal Remittances Received (% of GDP) in 2024.
Liberia
Recorded 21.30 Personal Remittances Received (% of GDP) in 2024.

Full Data Table

10 records across 1 year

✓ 10 sourced
Category Metric 2024 Source
Tajikistan Personal Remittances Received (% of GDP) 47.20
Tonga Personal Remittances Received (% of GDP) 39.20
Nicaragua Personal Remittances Received (% of GDP) 26.60
Nepal Personal Remittances Received (% of GDP) 26
Honduras Personal Remittances Received (% of GDP) 25.70
El Salvador Personal Remittances Received (% of GDP) 24.30
Samoa Personal Remittances Received (% of GDP) 24
Marshall Islands Personal Remittances Received (% of GDP) 23.50
Gambia Personal Remittances Received (% of GDP) 22
Liberia Personal Remittances Received (% of GDP) 21.30

Data Sources & References

All external sources cited in this dataset

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