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South Africa Remittances Received

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

$843.5M −$11.8M (-1.4%)
Year 2025 Rank #100 Global Peak $1.2B (2011) Source World Bank

South Africa Remittances Received (1970–2025)

Overview

South Africa's remittances received stood at $843.5M in 2025, a decline of +$11.8M from 2024. Based on recent trends, this figure is projected to reach $843.5M by 2025. South Africa ranked 100th globally.

Data & projection

Year Remittances Received YoY change Rank
2027* trend $836.7M - -
2026* trend $840.1M - -
2025* trend $843.5M - -
2025 $843.5M −$11.8M #100
2024 $855.4M +$52.0M #87
2023 $803.4M −$69.5M #84
2022 $872.9M −$53.8M #93
2021 $926.7M +$115.8M #100
2020 $810.9M −$79.2M #99
2019 $890.1M −$39.0M #99
2018 $929.0M +$55.2M #96
2017 $873.9M +$118.4M #95
2016 $755.4M −$69.8M #95
2015 $825.3M −$88.1M #94
2014 $913.4M −$57.3M #98
2013 $970.7M −$113.9M #96
2012 $1.1B −$73.9M #104
2011 $1.2B +$88.9M #108
Show all years (1970-2025)
* 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 +14.4% GDP growth 3.2% C/A balance 0.0%
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

South Africa matched the Export Boom Cycle pattern in 1994. 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 South Africa's remittances received?

South Africa's remittances received was $843.5M in 2025. Ranked 100th globally. This represents a 1.4% decrease from the previous year.

What was the highest remittances received in South Africa?

South Africa's remittances received peaked at $1.2B in 2011.

What was the lowest remittances received in South Africa?

The lowest remittances received in South Africa was $15.4M in 1971.

How does South Africa rank in remittances received?

South Africa ranks 100th 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 South Africa in 2025?

South Africa's remittances received is projected to reach $843.5M by 2025 based on trend extrapolation.

What is South Africa's remittances received in million?

South Africa's remittances received was approximately 843.55 million ($843.5M) in 2025.

What is the remittances received of South Africa in 2025?

The remittances received of South Africa in 2025 was $843.5M. This ranks 100th in the world.

Cite this page

APA
South Africa Remittances Received. HistorySaid. Retrieved April 2, 2026, from https://historysaid.com/south-africa/remittances
BibTeX
@misc{historysaid_south-africa_remittances, title = {South Africa Remittances Received}, url = {https://historysaid.com/south-africa/remittances}, publisher = {HistorySaid}, year = {2026} }