Remittances in Turkey

Turkey: Remittances was 0.0723 in 2024. ◆ Volatile

Latest (2024)
0.0723
Change on year
down 19.9%
World rank
180th
of 194 countries
All-time high
4.03
in 1974
All-time low
0.0723
in 2024
Years of data
51
1974–2024

Remittances in Turkey, 1974–2024

01234197419992024

Source: Our World in Data.

Analysis

The most recent figure for remittances in Turkey is 0.0723, measured in 2024. That is the lowest value across all 51 years on record.

Compared with earlier readings it is down 19.9% on the previous year and down 60.8% over ten years.

Over the whole period, remittances in Turkey peaked at 4.03 in 1974 and was at its lowest, 0.0723, in 2024.

Turkey ranks 180th of 194 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 in Turkey, year by year

Annual values for Remittances in Turkey, 1974 to 2024.
Year Value Change
1974 4.03 —
1975 2.85 -29.2%
1976 1.91 -33.0%
1977 1.67 -12.3%
1978 1.49 -10.9%
1979 1.89 +26.7%
1980 3.01 +59.2%
1981 3.5 +16.3%
1982 3.32 -5.0%
1983 2.45 -26.4%
1984 3.01 +23.1%
1985 2.55 -15.4%
1986 2.16 -15.3%
1987 2.32 +7.3%
1988 1.95 -15.7%
1989 2.86 +46.3%
1990 2.15 -24.6%
1991 1.87 -13.4%
1992 1.89 +1.3%
1993 1.62 -14.4%
1994 2.01 +24.3%
1995 1.42 -29.5%
1996 1.41 -0.2%
1997 1.59 +12.5%
1998 1.94 +22.0%
1999 1.77 -9.0%
2000 1.66 -6.0%
2001 1.38 -17.0%
2002 0.8041 -41.6%
2003 0.2311 -71.3%
2004 0.196 -15.2%
2005 0.2691 +37.3%
2006 0.3275 +21.7%
2007 0.3059 -6.6%
2008 0.3145 +2.8%
2009 0.2805 -10.8%
2010 0.2324 -17.1%
2011 0.2231 -4.0%
2012 0.2125 -4.7%
2013 0.1976 -7.0%
2014 0.1845 -6.6%
2015 0.1619 -12.3%
2016 0.1379 -14.8%
2017 0.1222 -11.4%
2018 0.1455 +19.0%
2019 0.1103 -24.2%
2020 0.1112 +0.8%
2021 0.0864 -22.3%
2022 0.0752 -13.1%
2023 0.0902 +20.0%
2024 0.0723 -19.9%

Turkey compared with similar countries

  • Turkey's 0.0723 is below the median for upper middle income countries, which is 3.62, 2% of the median. (56 countries reporting)
  • Turkey's 0.0723 is below the median for Europe & Central Asia, which is 1.4, 5% of the median. (50 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1970s 2.31 1.49 4.03 6
1980s 2.71 1.95 3.5 10
1990s 1.77 1.41 2.15 10
2000s 0.5766 0.196 1.66 10
2010s 0.1728 0.1103 0.2324 10
2020s 0.087 0.0723 0.1112 5

Countries ranked near Turkey

  1. 177 Japan 0.1066 compare
  2. 178 Maldives 0.08 compare
  3. 179 Kazakhstan 0.0773 compare
  4. 181 Equatorial Guinea 0.0706 compare
  5. 182 Russia 0.0629 compare
  6. 183 Malta 0.0625 compare

See the full ranking of 194 places →

More reference data data for Turkey

All data for Turkey →

Frequently asked questions

What is remittances in Turkey?
Remittances in Turkey was 0.0723 in 2024, according to Our World in Data.
What is the highest remittances recorded in Turkey?
The highest recorded value was 4.03 in 1974.
What is the lowest remittances recorded in Turkey?
The lowest recorded value was 0.0723 in 2024.
How does Turkey rank for remittances?
Turkey ranks 180th out of 194 countries with data for 2024.
Is remittances rising or falling in Turkey?
Over the last ten years it is down 60.8%. The long-run trend across the full record is volatile.
Where does this Turkey 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 Turkey. Statizoid, drawing on Our World in Data. Retrieved 14 November 2026, from https://reference.statizoid.com/stat/remittances/turkiye/

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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