Remittances, annual growth rate in Turkey

Turkey: Remittances, annual growth rate was -19.87 % change on previous year in 2024. ◆ Volatile

Latest (2024)
-19.87 % change on previous year
Change on year
down 199.5%
World rank
176th
of 189 countries
All-time high
59.19 % change on previous year
in 1980
All-time low
-71.25 % change on previous year
in 2003
Years of data
50
1975–2024

Remittances, annual growth rate in Turkey, 1975–2024

-50050197519992024

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2024, remittances, annual growth rate in Turkey stood at -19.87 % change on previous year.

That represents a change of down 199.5% on the previous year and down 201.1% over ten years.

Over the whole period, remittances, annual growth rate in Turkey peaked at 59.19 % change on previous year in 1980 and was at its lowest, -71.25 % change on previous year, in 2003.

Turkey ranks 176th of 189 countries on this measure, in the bottom quarter.

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

Remittances, annual growth rate in Turkey, year by year

Annual values for Remittances, annual growth rate in Turkey, 1975 to 2024.
Year % change on previous year Change
1975 -29.23 % change on previous year —
1976 -33.02 % change on previous year +12.9%
1977 -12.33 % change on previous year -62.7%
1978 -10.88 % change on previous year -11.8%
1979 26.75 % change on previous year -345.9%
1980 59.19 % change on previous year +121.3%
1981 16.25 % change on previous year -72.5%
1982 -4.96 % change on previous year -130.5%
1983 -26.36 % change on previous year +431.2%
1984 23.15 % change on previous year -187.8%
1985 -15.44 % change on previous year -166.7%
1986 -15.3 % change on previous year -0.9%
1987 7.35 % change on previous year -148.0%
1988 -15.69 % change on previous year -313.5%
1989 46.3 % change on previous year -395.2%
1990 -24.64 % change on previous year -153.2%
1991 -13.37 % change on previous year -45.7%
1992 1.29 % change on previous year -109.7%
1993 -14.42 % change on previous year -1216.0%
1994 24.28 % change on previous year -268.3%
1995 -29.5 % change on previous year -221.5%
1996 -0.2003 % change on previous year -99.3%
1997 12.45 % change on previous year -6314.9%
1998 21.97 % change on previous year +76.4%
1999 -8.98 % change on previous year -140.9%
2000 -6.02 % change on previous year -33.0%
2001 -16.98 % change on previous year +182.0%
2002 -41.65 % change on previous year +145.3%
2003 -71.25 % change on previous year +71.1%
2004 -15.19 % change on previous year -78.7%
2005 37.29 % change on previous year -345.5%
2006 21.7 % change on previous year -41.8%
2007 -6.61 % change on previous year -130.4%
2008 2.83 % change on previous year -142.9%
2009 -10.83 % change on previous year -482.7%
2010 -17.12 % change on previous year +58.1%
2011 -4.04 % change on previous year -76.4%
2012 -4.75 % change on previous year +17.5%
2013 -7.01 % change on previous year +47.6%
2014 -6.6 % change on previous year -5.9%
2015 -12.28 % change on previous year +86.1%
2016 -14.8 % change on previous year +20.5%
2017 -11.37 % change on previous year -23.2%
2018 19.02 % change on previous year -267.4%
2019 -24.17 % change on previous year -227.1%
2020 0.8139 % change on previous year -103.4%
2021 -22.29 % change on previous year -2838.6%
2022 -13.05 % change on previous year -41.4%
2023 19.97 % change on previous year -253.0%
2024 -19.87 % change on previous year -199.5%

Turkey compared with similar countries

  • Turkey's -19.87 % change on previous year is below the median for upper middle income countries, which is -3.05 % change on previous year, 6.5× the median. (54 countries reporting)
  • Turkey's -19.87 % change on previous year is below the median for Europe & Central Asia, which is -0.9484 % change on previous year, 20.9× the median. (50 countries reporting)

Biggest year-on-year movements

Years where Remittances, annual growth rate in Turkey changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1997 +6314.9% -0.2003 % change on previous year 12.45 % change on previous year
2021 -2838.6% 0.8139 % change on previous year -22.29 % change on previous year
1993 -1216.0% 1.29 % change on previous year -14.42 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1970s -11.74 % change on previous year -33.02 % change on previous year 26.75 % change on previous year 5
1980s 7.45 % change on previous year -26.36 % change on previous year 59.19 % change on previous year 10
1990s -3.11 % change on previous year -29.5 % change on previous year 24.28 % change on previous year 10
2000s -10.67 % change on previous year -71.25 % change on previous year 37.29 % change on previous year 10
2010s -8.31 % change on previous year -24.17 % change on previous year 19.02 % change on previous year 10
2020s -6.88 % change on previous year -22.29 % change on previous year 19.97 % change on previous year 5

Countries ranked near Turkey

  1. 173 Argentina -18 % change on previous year compare
  2. 174 Fiji -18.79 % change on previous year compare
  3. 175 Cameroon -19.64 % change on previous year compare
  4. 177 Gabon -20.72 % change on previous year compare
  5. 178 Antigua and Barbuda -22.21 % change on previous year compare
  6. 179 Ukraine -23.86 % change on previous year compare

See the full ranking of 189 places →

More reference data data for Turkey

All data for Turkey →

Frequently asked questions

What is remittances, annual growth rate in Turkey?
Remittances, annual growth rate in Turkey was -19.87 % change on previous year in 2024, according to Statizoid (derived).
What is the highest remittances, annual growth rate recorded in Turkey?
The highest recorded value was 59.19 % change on previous year in 1980.
What is the lowest remittances, annual growth rate recorded in Turkey?
The lowest recorded value was -71.25 % change on previous year in 2003.
How does Turkey rank for remittances, annual growth rate?
Turkey ranks 176th out of 189 countries with data for 2024.
Is remittances, annual growth rate rising or falling in Turkey?
Over the last ten years it is down 201.1%. The long-run trend across the full record is volatile.
Where does this Turkey data come from?
The figures come from Statizoid (derived), published as part of Remittances, annual growth rate. Statizoid updates them automatically from the source API.

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Remittances, annual growth rate in Turkey. Statizoid, drawing on Statizoid (derived). Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances-annual-growth-rate/turkiye/

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How this figure is calculated

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Remittances, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
189 places, 6,804 data points, 1971–2025
Last refreshed

The year-on-year percentage change in Remittances. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.