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Canada Remittances Received

Personal remittances received  BX.TRF.PWKR.CD.DT

Canada's remittances received was $865.6M in 2025, ranked 99th globally. This represents a 1.7% increase from 2024. Data from World Bank, covering 1995–2025.

$865.6M +$14.2M (+1.7%)
Year 2025 Rank #99 Global Peak $1.4B (2014) Source World Bank

Canada Remittances Received (1995–2025)

Overview

Canada's remittances received stood at $865.6M in 2025, a rise of +$14.2M from 2024. Based on recent trends, this figure is projected to reach $865.6M by 2025. Canada ranked 99th globally.

Canada's remittances received have experienced significant fluctuations over the past three decades. The country's all-time peak of 1,351,304,689.29 in 2014 was a notable high, far surpassing the latest value of 865,631,076.23 in 2025. Conversely, the trough year of 1995 marked a low point with remittances totaling 486,450,124.20. Among peer countries, Canada ranks around the middle, with Cameroon's remittances received being slightly higher at 881,286,165.74. The decline from the 2014 peak to the current value suggests a downward trend in Canada's remittances received. This may be attributed to various factors, including changes in global economic conditions or shifts in the demographic makeup of the Canadian diaspora. However, if global economic conditions were to improve, particularly in countries with significant Canadian expat populations, it is possible that remittances received in Canada could increase, potentially altering the current downward trend.

Data & projection

Year Remittances Received YoY change Rank
2027* trend $880.6M - -
2026* trend $873.1M - -
2025* trend $865.6M - -
2025 $865.6M +$14.2M #99
2024 $851.4M +$4.2M #85
2023 $847.2M −$16.6M #86
2022 $863.8M +$32.3M #91
2021 $831.5M +$9.7M #94
2020 $821.8M −$490.0M #101
2019 $1.3B +$16.2M #106
2018 $1.3B +$27.4M #104
2017 $1.3B −$21.1M #106
2016 $1.3B +$15.1M #111
2015 $1.3B −$77.0M #108
2014 $1.4B +$14.8M #107
2013 $1.3B +$81.9M #107
2012 $1.3B +$27.3M #109
2011 $1.2B +$28.2M #112
Show all years (1995-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +17.2% GDP growth 2.0% C/A balance 0.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Canada matched the Export Boom Cycle pattern in 2007. Historically, 71% of countries showing this pattern (546 out of 768) saw remittances received improve within 24 months. View full analysis →

Frequently Asked Questions

What is Canada's remittances received?▾

Canada's remittances received was $865.6M in 2025. Ranked 99th globally. This represents a 1.7% increase from the previous year.

What was the highest remittances received in Canada?▾

Canada's remittances received peaked at $1.4B in 2014.

What was the lowest remittances received in Canada?▾

The lowest remittances received in Canada was $486.5M in 1995.

How does Canada rank in remittances received?▾

Canada ranks 99th globally in remittances received as of 2025.

What is the World Bank indicator code for remittances received?▾

The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.

What is the projected remittances received of Canada in 2025?▾

Canada's remittances received is projected to reach $865.6M by 2025 based on trend extrapolation.

What is Canada's remittances received in million?▾

Canada's remittances received was approximately 865.63 million ($865.6M) in 2025.

What is the remittances received of Canada in 2025?▾

The remittances received of Canada in 2025 was $865.6M. This ranks 99th in the world.

Cite this page

APA
Canada Remittances Received. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/canada/remittances/
BibTeX
@misc{historysaid_canada_remittances, title = {Canada Remittances Received}, url = {https://historysaid.com/canada/remittances/}, publisher = {HistorySaid}, year = {2026} }
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