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Türkiye Remittances Received

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

Türkiye's remittances received was $1.0B in 2025, ranked 93rd globally. This represents a 5.9% increase from 2024. Data from World Bank, covering 1974–2025.

$1.0B +$58.3M (+5.9%)
Year 2025 Rank #93 Global Peak $5.4B (1998) Source World Bank

Türkiye Remittances Received (1974–2025)

Overview

Türkiye's remittances received stood at $1.0B in 2025, a rise of +$58.3M from 2024. Based on recent trends, this figure is projected to reach $1.0B by 2025. Türkiye ranked 93rd globally.

Türkiye's remittances received have fluctuated significantly over the past 52 years, with an all-time peak of 5,356,000,000.00 in 1998 and a trough of 696,000,000.00 in 2022. The latest available data indicates that the country received 1,040,300,000.00 in remittances in 2025, ranking 93 globally. This represents a considerable decline from the peak, yet still surpasses the value in several peer countries, such as Iraq with 1,015,860,000.00. Lithuania and Mali also received higher amounts, but Israel trails behind with 973,840,000.00. The substantial variation in remittances over the years highlights the country's exposure to external economic factors, particularly fluctuations in global migration patterns and economic conditions in recipient countries. A sustained improvement in Türkiye's economic prospects and stability could potentially lead to increased remittances in the future, altering the country's trajectory in this regard.

Data & projection

Year Remittances Received YoY change Rank
2027* trend $1.2B - -
2026* trend $1.1B - -
2025* trend $1.0B - -
2025 $1.0B +$58.3M #93
2024 $982.0M −$47.0M #92
2023 $1.0B +$333.0M #95
2022 $696.0M −$30.0M #85
2021 $726.0M −$90.0M #88
2020 $816.0M −$40.0M #100
2019 $856.0M −$291.0M #97
2018 $1.1B +$91.0M #99
2017 $1.1B −$145.0M #99
2016 $1.2B −$200.0M #105
2015 $1.4B −$338.0M #112
2014 $1.7B −$162.0M #114
2013 $1.9B +$20.0M #120
2012 $1.9B −$2.0M #123
2011 $1.9B +$64.0M #128
Show all years (1974-2025)
* Linear trend extrapolation

Detected Pattern

Stagflation Risk
GDP growth below 2% combined with inflation above 8% and rising unemployment. The worst macro combination for policymakers.
Inflation 12.3% GDP growth 1.8% Unemployment 13.1%
Occurred 307 times, 117 successful
Inflation
26.9%
GDP growth
-4.2%
Unemployment
14.6%
Inflation
185.7%
GDP growth
-14.0%
Unemployment
60.8%
Inflation
14.4%
GDP growth
1.1%
Unemployment
9.1%
Inflation
33.9%
GDP growth
-1.5%
Unemployment
17.0%
Inflation
736.1%
GDP growth
1.7%
Unemployment
9.4%
Inflation
13.6%
GDP growth
1.3%
Unemployment
14.1%

Analysis

Türkiye matched the Stagflation Risk pattern in 2020. Historically, 38% of countries showing this pattern (117 out of 307) saw remittances received improve within 24 months. View full analysis →

Frequently Asked Questions

What is Türkiye's remittances received?▾

Türkiye's remittances received was $1.0B in 2025. Ranked 93rd globally. This represents a 5.9% increase from the previous year.

What was the highest remittances received in Türkiye?▾

Türkiye's remittances received peaked at $5.4B in 1998.

What was the lowest remittances received in Türkiye?▾

The lowest remittances received in Türkiye was $696.0M in 2022.

How does Türkiye rank in remittances received?▾

Türkiye ranks 93rd 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 Türkiye in 2025?▾

Türkiye's remittances received is projected to reach $1.0B by 2025 based on trend extrapolation.

What is Türkiye's remittances received in billion?▾

Türkiye's remittances received was approximately 1.04 billion ($1.0B) in 2025.

What is the remittances received of Türkiye in 2025?▾

The remittances received of Türkiye in 2025 was $1.0B. This ranks 93rd in the world.

Cite this page

APA
Türkiye Remittances Received. HistorySaid. Retrieved November 12, 2026, from https://historysaid.com/turkiye/remittances/
BibTeX
@misc{historysaid_turkiye_remittances, title = {Türkiye Remittances Received}, url = {https://historysaid.com/turkiye/remittances/}, publisher = {HistorySaid}, year = {2026} }
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