Comoros's personal remittances, paid (current US$) was US$5.8 million in 2023, the latest year in the World Bank's World Development Indicators. That is up 23.27% from US$4.71 million in 2018 (4.27% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | US$5.8 million | 2023 |
| Five years earlier | US$4.71 million | 2018 |
| Highest | US$11.04 million | 1992 |
| Lowest | US$211,532 | 2003 |
| Average since 2014 | US$2.86 million | 2014–2023 |
| First recorded | US$1.52 million | 1980 |
Over five years it is up 23.27% from US$4.71 million in 2018 (4.27% a year on average, compounded). Since 1980 it is up 282.03% from US$1.52 million in 1980 (3.17% a year on average, compounded). The World Bank has no value for 8 of the years in between; the chart leaves those gaps open rather than joining across them.
What the numbers say
In 2023, Comoros' personal remittances, paid (current US$) rose 30.4% on 2022 (from US$4.45 million to US$5.8 million).
Across the 30 yearly changes before that (1983 to 2022), the average change was +20.4% and a typical year strayed about 54% from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 541.9% in 1982 and the biggest yearly fall was 77.2% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 the straight-line trend is upward, about US$453,555 a year. A straight line explains 52% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2023, Comoros had the 11th highest value of the 12 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Comoros | US$5.8 million | 2023 |
| World | US$662.43 billion | 2025 |
| Sub-Saharan Africa | US$5.94 billion | 2025 |
| Lower middle income | US$19.18 billion | 2025 |
Closest to Comoros in the 2023 ranking
- Benin — 8th of 12: US$108.16 million
- Sint Maarten (Dutch part) — 9th of 12: US$104.28 million
- Palau — 10th of 12: US$17.56 million
- Tuvalu — 12th of 12: US$2.22 million
What this measures
Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.
Limitations: Remittance transactions have grown in importance over the past decade. In a number of developing economies, receipts of remittances have become an important and stable source of funds that exceeds receipts from exports of goods and services or from financial inflows on foreign direct investment. But the quality of statistical remittance data is not high. Remittances are a challenge to measure because of their nature. They are heterogeneous with numerous small transactions conducted by individuals through a wide variety of channels: formal channels, such as electronic wire, or through informal channels, such as cash or goods carried across borders.
Regional and income-group figures are computed by the World Bank as a sum.
All 36 values
| Year | Personal remittances, paid (current US$) |
|---|---|
| 2023 | 5,804,303 |
| 2022 | 4,450,271 |
| 2021 | 2,991,508 |
| 2020 | 1,064,187 |
| 2019 | 4,660,668 |
| 2018 | 4,708,656 |
| 2017 | 1,929,146 |
| 2016 | 920,602 |
| 2015 | 1,061,491 |
| 2014 | 981,694 |
| 2013 |
Personal remittances, paid (current US$) in nearby economies
- Angola — US$419.62 million (2025)
- Benin — US$108.16 million (2023)
- Botswana — US$235.63 million (2025)
- Burkina Faso — US$203.04 million (2024)
- Burundi — US$22.36 million (2025)
- Cabo Verde — US$36.61 million (2025)
- Cameroon — US$101.29 million (2024)
- Congo, Dem. Rep. — US$1.46 billion (2025)
- Congo, Rep. — US$78.32 million (2021)
- Côte d'Ivoire — US$2.05 billion (2024)
More economic policy & debt data for Comoros
- Grants, excluding technical cooperation (BoP, current US$) — US$116.12 million (2023)
- Technical cooperation grants (BoP, current US$) — US$20.29 million (2023)
- Net bilateral aid flows from DAC donors, France (current US$) — US$40.43 million (2023)
- Net bilateral aid flows from DAC donors, Total (current US$) — US$55.21 million (2023)
- Net official development assistance and official aid received (current US$) — US$166.35 million (2023)
- Net official development assistance and official aid received (constant 2023 US$) — US$166.35 million (2023)
- Net official development assistance received (current US$) — US$166.35 million (2023)
- Net official development assistance received (constant 2023 US$)
Reading data like this
Questions people ask
- What is Comoros's personal remittances, paid (current US$)?
- US$5.8 million in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1980?
- It is up 282.03% from US$1.52 million in 1980 (3.17% a year on average, compounded). The highest value was US$11.04 million in 1992 and the lowest US$211,532 in 2003.
- How does Comoros rank?
- 11th highest of 12 economies with data for 2023.
- Is the latest change in personal remittances, paid (current US$) unusual for Comoros?
- In 2023, Comoros' personal remittances, paid (current US$) rose 30.4% on 2022 (from US$4.45 million to US$5.8 million). Across the 30 yearly changes before that (1983 to 2022), the average change was +20.4% and a typical year strayed about 54% from that (the standard deviation). This year's change was 0.2 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator BM.TRF.PWKR.CD.DT, licensed CC BY 4.0. Original source: IMF balance of payments data, International Monetary Fund (IMF); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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