Workers' Remittances, Paid (USD) rose 4.03% to USD 188 mil in Burkina Faso in 2016

Workers' Remittances, Paid (USD) (USD mil)
Economy | Burkina Faso | February 1, 2019
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Workers' remittances paid reached 188 USD mil in 2016 in Burkina Faso, according to the National Statistical Office. This is 4.03 % more than in the previous year.

Historically, workers' remittances paid in Burkina Faso reached an all time high of 188 USD mil in 2016 and an all time low of 13.7 USD mil in 1974. When compared to Burkina Faso's main peers, workers' remittances paid in Ghana amounted to 1,549 USD mil, 715 USD mil in Ivory Coast and 109 USD mil in Niger in 2016.

Burkina Faso has been ranked 95th within the group of 154 countries we follow in terms of workers' remittances paid, 14 places behind the position seen 10 years ago.

Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by non-resident workers.

Workers' Remittances, Paid (USD) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Algeria USD mil 30.9 44.2 38.7 296 72.1
Benin USD mil 61.6 87.7 101 144 98.1 ...
Burkina Faso USD mil 42.0 71.4 149 160 181 ...
Chad USD mil ... ... ... ... ... ... ... ... ...
Ghana USD mil ... ... ... 7.99 4.84 8.94 2,607
Guinea USD mil 38.8 50.7 80.7 35.9 25.7
Ivory Coast USD mil 728 694 736 746 650 ...
Liberia USD mil 307 435 395 364 340
Libya USD mil 650 1,971 3,199 1,120 840 ...
Mali USD mil 129 111 134 147 ... ... ...
Mauritania USD mil ... ... ... 240 255 189 172 ...
Niger USD mil 112 90.7 91.5 147 101 ...
Togo USD mil 92.2 153 178 154 89.4 ...