Remittance Outflows Statistics in United Kingdom (2026)
The United Kingdom recorded personal remittances paid of $12.3 billion in 2024, World Bank World Development Indicators data show. Up from $11.6 billion in 2023 to $12.3 billion in 2024. United Kingdom ranks #7 of 50 economies in Europe & Central Asia on this measure, and #15 of 181 globally.
Key Statistics
- Latest value (2024)
- $12.3 billion (2024)
- Remittance Outflows in the United Kingdom as of 2024, the most recent observation in World Bank World Development Indicators data.
- Change since 2023
- +6.1% (2024)
- Up from $11.6 billion in 2023 to $12.3 billion in 2024.
- CAGR 1990–2024
- +7.2% per year (2024)
- Compound annual growth rate from $1.2 billion in 1990 to $12.3 billion in 2024.
- Earliest value in this dataset (1990)
- $1.2 billion (1990)
- Earliest observation in this dataset, which covers 1990 onward (the source series may begin earlier). Up from $1.2 billion in 1990 to $12.3 billion in 2024.
- Record high (2024)
- $12.3 billion (2024)
- The 2024 value is the highest in the available World Bank World Development Indicators series for the United Kingdom.
- Rank in Europe & Central Asia
- #7 of 50 (2024)
- The United Kingdom ranks 7 of 50 countries in Europe & Central Asia with data, based on each country's latest value.
- Global rank
- #15 of 181 (2024)
- The United Kingdom ranks 15 of 181 countries with data globally.
- Europe & Central Asia average
- $4.6 billion (2024)
- The United Kingdom ($12.3 billion) is above the average of $4.6 billion across the 50 countries in Europe & Central Asia with data.
- Projected 2026 value
- $13.1 billion (2026)
- Projection based on 7-year trend (CAGR 3.3%); not an official figure.
- International migrant stock (% of population) (2024)
- 17.1% (2024)
- Related indicator from World Bank World Development Indicators.
- Internet use in the United Kingdom (2024)
- 95.5% (2024)
- 95.5% of the population in the United Kingdom used the internet in 2024 (World Bank); shown for context only.
- Population (2024)
- 69.2 million (2024)
- The United Kingdom had a population of 69.2 million in 2024 (World Bank); shown for scale only.
Trend, 1990–2024
| Year | current US$ | Change |
|---|---|---|
| 2024 | 12.3B | +6.1% |
| 2023 | 11.6B | +6.0% |
| 2022 | 10.9B | +6.3% |
| 2021 | 10.3B | +9.5% |
| 2020 | 9.4B | −9.4% |
| 2019 | 10.4B | −0.5% |
| 2018 | 10.4B | +6.2% |
| 2017 | 9.8B | −3.8% |
| 2016 | 10.2B | −4.8% |
| 2015 | 10.7B | −7.5% |
| 2014 | 11.6B | +9.9% |
| 2013 | 10.5B | +4.5% |
| 2012 | 10.1B | +1.5% |
| 2011 | 9.9B | +3.8% |
| 2010 | 9.6B | +3.1% |
| 2009 | 9.3B | −17.3% |
| 2008 | 11.2B | −3.3% |
| 2007 | 11.6B | +8.9% |
| 2006 | 10.6B | +10.4% |
| 2005 | 9.6B | +8.0% |
| 2004 | 8.9B | +27.7% |
| 2003 | 7B | +16.6% |
| 2002 | 6B | +9.8% |
| 2001 | 5.5B | +1.8% |
| 2000 | 5.4B | +5.0% |
| 1999 | 5.1B | +262.9% |
| 1998 | 1.4B | −6.9% |
| 1997 | 1.5B | +18.4% |
| 1996 | 1.3B | −31.6% |
| 1995 | 1.9B | +42.9% |
| 1994 | 1.3B | +55.9% |
| 1993 | 837.8M | −20.7% |
| 1992 | 1.1B | −3.1% |
| 1991 | 1.1B | −6.9% |
| 1990 | 1.2B | — |
Frequently asked questions
What is the latest figure for personal remittances paid in the United Kingdom?
Personal remittances paid in the United Kingdom stood at $12.3 billion in 2024, according to World Bank World Development Indicators data.
Where does the United Kingdom rank globally on remittance outflows?
The United Kingdom ranks 15 of 181 countries with data globally, based on the latest World Bank World Development Indicators value for each country.
What could remittance outflows in the United Kingdom look like in 2026?
A trend-based projection puts it at $13.1 billion in 2026. Projection based on 7-year trend (CAGR 3.3%); not an official figure.
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 .