Remittance Outflows Statistics in Ghana (2026)
As of 2024, personal remittances paid in Ghana was $751 million, per World Bank World Development Indicators data. Down from $1 billion in 2023 to $751 million in 2024. Ghana ranks #5 of 42 economies in Sub-Saharan Africa on this measure, and #57 of 181 globally.
Key Statistics
- Latest value (2024)
- $751 million (2024)
- Remittance Outflows in Ghana as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- −27.6% (2024)
- Down from $1 billion in 2023 to $751 million in 2024.
- CAGR 1990–2024
- +17.2% per year (2024)
- Compound annual growth rate from $3.4 million in 1990 to $751 million in 2024.
- Earliest value in this dataset (1990)
- $3.4 million (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from $3.4 million in 1990 to $751 million in 2024.
- Peak value (2015)
- $2.6 billion (2015)
- Highest value in the available series; the 2024 value is $751 million.
- Rank in Sub-Saharan Africa
- #5 of 42 (2024)
- Ghana ranks 5 of 42 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #57 of 181 (2024)
- Ghana ranks 57 of 181 countries with data globally.
- Sub-Saharan Africa average
- $271 million (2024)
- Ghana ($751 million) is above the average of $271 million across the 42 countries in Sub-Saharan Africa with data.
- Projected 2026 value
- $671.3 million (2026)
- Projection based on 7-year trend (CAGR -5.5%); not an official figure.
- International migrant stock (% of population) (2024)
- 1.5% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Ghana (2024)
- 72.2% (2024)
- 72.2% of the population in Ghana used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 34.4 million (2024)
- Ghana had a population of 34.4 million in 2024 (World Bank); shown for scale only.
Trend, 1990–2024
| Year | current US$ | Change |
|---|---|---|
| 2024 | 751M | −27.6% |
| 2023 | 1B | +40.0% |
| 2022 | 740.8M | −6.7% |
| 2021 | 793.8M | +9.2% |
| 2020 | 727.2M | +9.0% |
| 2019 | 667.3M | −30.2% |
| 2018 | 956.2M | −14.0% |
| 2017 | 1.1B | −28.2% |
| 2016 | 1.5B | −40.6% |
| 2015 | 2.6B | +29055.6% |
| 2014 | 8.9M | +84.8% |
| 2013 | 4.8M | −39.4% |
| 2012 | 8M | +24.9% |
| 2001 | 6.4M | +5.1% |
| 2000 | 6.1M | +3.2% |
| 1999 | 5.9M | +5.4% |
| 1998 | 5.6M | +3.7% |
| 1997 | 5.4M | +8.0% |
| 1996 | 5M | +4.2% |
| 1995 | 4.8M | +4.3% |
| 1994 | 4.6M | +17.9% |
| 1993 | 3.9M | +0.0% |
| 1992 | 3.9M | +5.4% |
| 1991 | 3.7M | +8.8% |
| 1990 | 3.4M | — |
Frequently asked questions
What is the latest figure for personal remittances paid in Ghana?
Personal remittances paid in Ghana stood at $751 million in 2024, according to World Bank World Development Indicators data.
How has remittance outflows in Ghana changed over time?
World Bank World Development Indicators data show a rise from $3.4 million in 1990 to $751 million in 2024.
How does Ghana compare with other countries in Sub-Saharan Africa?
Ghana ranks 5 of 42 countries in Sub-Saharan Africa with data, with $751 million versus a regional average of $271 million (latest values per country).
Source & methodology
Source: World Bank, World Development Indicators, indicator
BM.TRF.PWKR.CD.DT, retrieved .
Figures are shown exactly as published in the source dataset; only the change column of the trend table is computed from adjacent published values.Read more on the methodology page. All figures are estimates and projections; this is not financial advice.
Last updated .