Remittance Outflows Statistics in Senegal (2026)
As of 2023, personal remittances paid in Senegal was $339.6 million, per World Bank World Development Indicators data. Up from $268.7 million in 2022 to $339.6 million in 2023. Senegal ranks #9 of 42 economies in Sub-Saharan Africa on this measure, and #88 of 181 globally.
Key Statistics
- Latest value (2023)
- $339.6 million (2023)
- Remittance Outflows in Senegal as of 2023, the most recent observation in World Bank World Development Indicators data.
- Change since 2022
- +26.4% (2023)
- Up from $268.7 million in 2022 to $339.6 million in 2023.
- CAGR 1990–2023
- +4.5% per year (2023)
- Compound annual growth rate from $79.4 million in 1990 to $339.6 million in 2023.
- Earliest value in this dataset (1990)
- $79.4 million (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from $79.4 million in 1990 to $339.6 million in 2023.
- Peak value (2018)
- $591.8 million (2018)
- Highest value in the available series; the 2023 value is $339.6 million.
- Rank in Sub-Saharan Africa
- #9 of 42 (2023)
- Senegal ranks 9 of 42 countries in Sub-Saharan Africa with data, based on each country's latest value.
- Global rank
- #88 of 181 (2023)
- Senegal ranks 88 of 181 countries with data globally.
- Sub-Saharan Africa average
- $271 million (2023)
- Senegal ($339.6 million) is above the average of $271 million across the 42 countries in Sub-Saharan Africa with data.
- Projected 2026 value
- $320.5 million (2026)
- Projection based on 7-year trend (CAGR -1.9%); not an official figure.
- International migrant stock (% of population) (2024)
- 1.5% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in Senegal (2024)
- 60.1% (2024)
- 60.1% of the population in Senegal used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 18.5 million (2024)
- Senegal had a population of 18.5 million in 2024 (World Bank); shown for scale only.
Trend, 1990–2023
| Year | current US$ | Change |
|---|---|---|
| 2023 | 339.6M | +26.4% |
| 2022 | 268.7M | −32.6% |
| 2021 | 398.9M | −24.4% |
| 2020 | 527.5M | −4.6% |
| 2019 | 552.8M | −6.6% |
| 2018 | 591.8M | +44.5% |
| 2017 | 409.4M | +5.4% |
| 2016 | 388.6M | +42.7% |
| 2015 | 272.3M | −9.4% |
| 2014 | 300.4M | +7.1% |
| 2013 | 280.5M | +26.9% |
| 2012 | 221M | +5.5% |
| 2011 | 209.4M | −3.3% |
| 2010 | 216.7M | +23.7% |
| 2009 | 175.1M | +21.0% |
| 2008 | 144.7M | +0.9% |
| 2007 | 143.4M | +48.6% |
| 2006 | 96.5M | −1.3% |
| 2005 | 97.8M | +27.0% |
| 2004 | 77M | +34.5% |
| 2003 | 57.2M | +44.8% |
| 2002 | 39.5M | −23.0% |
| 2001 | 51.3M | −6.7% |
| 2000 | 55M | −9.6% |
| 1999 | 60.8M | −8.6% |
| 1998 | 66.5M | −4.7% |
| 1997 | 69.8M | +2.7% |
| 1996 | 67.9M | −11.0% |
| 1995 | 76.4M | +27.6% |
| 1994 | 59.9M | −36.4% |
| 1993 | 94.1M | −2.0% |
| 1992 | 96M | +7.3% |
| 1991 | 89.4M | +12.6% |
| 1990 | 79.4M | — |
Frequently asked questions
What is the latest figure for personal remittances paid in Senegal?
Personal remittances paid in Senegal stood at $339.6 million in 2023, according to World Bank World Development Indicators data.
When did remittance outflows in Senegal peak?
The highest value in the available series was $591.8 million in 2018; the latest (2023) value is $339.6 million.
How recent is the remittance outflows data for Senegal?
The most recent observation is from 2023. World Bank World Development Indicators data is reported with a lag, so 2023 is the latest available year for Senegal.
Where does the remittance outflows data for Senegal come from?
The data comes from the World Bank World Development Indicators (indicator BM.TRF.PWKR.CD.DT). The latest observation for Senegal is from 2023; the snapshot was retrieved on 2026-06-10.
How has remittance outflows in Senegal changed over time?
World Bank World Development Indicators data show a rise from $79.4 million in 1990 to $339.6 million in 2023.
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 .