Eritrea Remittances Received
Personal remittances received BX.TRF.PWKR.CD.DT
Eritrea's remittances received was $3.3M in 2000, ranked 11th globally. This represents a 9.6% decrease from 1999. Data from World Bank, covering 1998–2000.
Overview
Eritrea's remittances received stood at $3.3M in 2000, a decline of +$349,255 from 1999. Eritrea ranked 11th globally.
Eritrea’s remittances received rose from a low of 2,682,189.74 in 1998 to an all‑time peak of 3,634,005.49 in 1999 before settling at 3,284,750.86 in 2000, placing the country 11th globally among three years of coverage. The modest increase of roughly 602,561.12 between the trough and the peak reflects a brief surge in diaspora transfers, likely driven by heightened economic uncertainty in neighboring regions during the late 1990s. By 2000, Eritrea’s inflows were comparable to those of Seychelles, which recorded 3,159,009.30, and fell short of Estonia’s 4,052,634.25, indicating a middle‑range position among small economies that rely on external funds. The subsequent modest decline from the 1999 high suggests that the initial shock‑driven boost was not sustained. Continued improvements in financial infrastructure and stable political conditions could help maintain or expand the upward trajectory of remittance flows in the coming years.
Data & projection
| Year | Remittances Received | YoY change | Rank |
|---|---|---|---|
| 2000 | $3.3M | −$349,255 | #11 |
| 1999 | $3.6M | +$951,816 | #14 |
| 1998 | $2.7M | – | #12 |
Detected Pattern
Analysis
Eritrea matched the Export Boom Cycle pattern in 2019. Historically, 71% of countries showing this pattern (546 out of 768) saw remittances received improve within 24 months. View full analysis →
Frequently Asked Questions
Eritrea's remittances received was $3.3M in 2000. Ranked 11th globally. This represents a 9.6% decrease from the previous year.
Eritrea's remittances received peaked at $3.6M in 1999.
The lowest remittances received in Eritrea was $2.7M in 1998.
Eritrea ranks 11th globally in remittances received as of 2000.
The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.
Eritrea's remittances received was approximately 3.28 million ($3.3M) in 2000.
The remittances received of Eritrea in 2000 was $3.3M. This ranks 11th in the world.
Cite this page
@misc{historysaid_eritrea_remittances,
title = {Eritrea Remittances Received},
url = {https://historysaid.com/eritrea/remittances/},
publisher = {HistorySaid},
year = {2026}
}