Remittances in Senegal

Senegal: Remittances was 10.64 in 2023. ◆ Volatile

Latest (2023)
10.64
Change on year
up 1.6%
World rank
26th
of 194 countries
All-time high
11.25
in 2021
All-time low
0.4057
in 1974
Years of data
50
1974–2023

Remittances in Senegal, 1974–2023

02.557.51012.5197419982023

Source: Our World in Data.

Analysis

In 2023, remittances in Senegal stood at 10.64.

That represents a change of up 1.6% on the previous year and up 13.3% over ten years.

Over the whole period, remittances in Senegal peaked at 11.25 in 2021 and was at its lowest, 0.4057, in 1974.

Senegal ranks 26th of 194 countries on this measure, in the top quarter.

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

Remittances in Senegal, year by year

Annual values for Remittances in Senegal, 1974 to 2023.
Year Value Change
1974 0.4057 —
1975 0.9298 +129.2%
1976 1.6 +72.4%
1977 1.47 -8.5%
1978 1.7 +15.7%
1979 1.38 -18.7%
1980 1.71 +24.0%
1981 1.66 -2.6%
1982 1.65 -0.8%
1983 1.65 +0.0%
1984 1.54 -6.6%
1985 2.08 +34.8%
1986 2.02 -2.8%
1987 1.82 -10.1%
1988 1.83 +0.8%
1989 1.77 -3.3%
1990 1.92 +8.5%
1991 2.24 +16.6%
1992 2.26 +0.9%
1993 2.31 +2.1%
1994 2.26 -2.0%
1995 2.31 +2.1%
1996 2.29 -0.6%
1997 2.49 +8.6%
1998 2.27 -9.0%
1999 2.82 +24.5%
2000 3.89 +38.0%
2001 4.69 +20.4%
2002 4.94 +5.4%
2003 5.84 +18.2%
2004 6.29 +7.7%
2005 7.17 +13.9%
2006 7.92 +10.4%
2007 8.53 +7.7%
2008 8.79 +3.1%
2009 8.4 -4.5%
2010 9.17 +9.3%
2011 9.07 -1.1%
2012 8.92 -1.6%
2013 9.4 +5.3%
2014 9.76 +3.8%
2015 9.89 +1.4%
2016 10.4 +5.2%
2017 10.25 -1.5%
2018 10.5 +2.5%
2019 10.79 +2.8%
2020 10.63 -1.5%
2021 11.25 +5.9%
2022 10.48 -6.9%
2023 10.64 +1.6%

Senegal compared with similar countries

  • Senegal's 10.64 is above the median for lower middle income countries, which is 6.01, 1.8× the median. (47 countries reporting)
  • Senegal's 10.64 is above the median for Sub-Saharan Africa, which is 2.52, 4.2× the median. (46 countries reporting)

Biggest year-on-year movements

Years where Remittances in Senegal 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
1975 +129.2% 0.4057 0.9298
1976 +72.4% 0.9298 1.6

Averages by decade

DecadeAverage LowestHighest Years
1970s 1.25 0.4057 1.7 6
1980s 1.77 1.54 2.08 10
1990s 2.32 1.92 2.82 10
2000s 6.65 3.89 8.79 10
2010s 9.82 8.92 10.79 10
2020s 10.75 10.48 11.25 4

Countries ranked near Senegal

  1. 23 Egypt 11.37 compare
  2. 24 Georgia 11.17 compare
  3. 25 Bosnia and Herzegovina 10.7 compare
  4. 27 French Polynesia 10.58 compare
  5. 28 East Timor 9.99 compare
  6. 29 Pakistan 9.94 compare

See the full ranking of 194 places →

More reference data data for Senegal

All data for Senegal →

Frequently asked questions

What is remittances in Senegal?
Remittances in Senegal was 10.64 in 2023, according to Our World in Data.
What is the highest remittances recorded in Senegal?
The highest recorded value was 11.25 in 2021.
What is the lowest remittances recorded in Senegal?
The lowest recorded value was 0.4057 in 1974.
How does Senegal rank for remittances?
Senegal ranks 26th out of 194 countries with data for 2023.
Is remittances rising or falling in Senegal?
Over the last ten years it is up 13.3%. The long-run trend across the full record is volatile.
Where does this Senegal data come from?
The figures come from Our World in Data, published as part of Remittances. Statizoid updates them automatically from the source API.

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Remittances in Senegal. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances/senegal/

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About this data

Indicator
Remittances
Source
Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
194 places, 7,088 data points, 1970–2025
Last refreshed