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United Arab Emirates Remittances Received

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

United Arab Emirates's remittances received was $1.8B in 2024, ranked 112th globally. This represents a 4.3% decrease from 2023. Data from World Bank, covering 2023–2024.

$1.8B −$81.7M (-4.3%)
Year 2024 Rank #112 Global Peak $1.9B (2023) Source World Bank

United Arab Emirates Remittances Received (2023–2024)

Overview

United Arab Emirates's remittances received stood at $1.8B in 2024, a decline of +$81.7M from 2023. United Arab Emirates ranked 112th globally.

The United Arab Emirates received US$1,797,140,912.19 in remittances in 2024, ranking 112th worldwide and representing a decline from the all‑time peak of US$1,878,829,135.47 recorded in 2023. This 4.2 percent drop within a single year reflects a modest contraction in inflows that may be linked to tighter labor market conditions and reduced expatriate earnings amid global economic uncertainty. The UAE’s receipt level remains slightly above that of Côte d’Ivoire (US$1,770,769,896.68) and just below Algeria (US$1,798,916,386.41), situating it among middle‑tier recipients rather than the higher‑volume peers such as Australia or Portugal. Given the limited two‑year coverage, the trend suggests a nascent downward trajectory, but sustained diversification of the economy and potential policy incentives for migrant workers could stabilize or reverse the recent slip in remittance inflows.

Data & projection

Year Remittances Received YoY change Rank
2024 $1.8B −$81.7M #112
2023 $1.9B – #114

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 +25.6% GDP growth 4.0% C/A balance 14.5%
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

United Arab Emirates matched the Export Boom Cycle pattern in 2024. 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 United Arab Emirates's remittances received?▾

United Arab Emirates's remittances received was $1.8B in 2024. Ranked 112th globally. This represents a 4.3% decrease from the previous year.

What was the highest remittances received in United Arab Emirates?▾

United Arab Emirates's remittances received peaked at $1.9B in 2023.

What was the lowest remittances received in United Arab Emirates?▾

The lowest remittances received in United Arab Emirates was $1.8B in 2024.

How does United Arab Emirates rank in remittances received?▾

United Arab Emirates ranks 112th globally in remittances received as of 2024.

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 United Arab Emirates's remittances received in billion?▾

United Arab Emirates's remittances received was approximately 1.8 billion ($1.8B) in 2024.

What is the remittances received of United Arab Emirates in 2024?▾

The remittances received of United Arab Emirates in 2024 was $1.8B. This ranks 112th in the world.

Cite this page

APA
United Arab Emirates Remittances Received. HistorySaid. Retrieved October 22, 2026, from https://historysaid.com/united-arab-emirates/remittances/
BibTeX
@misc{historysaid_united-arab-emirates_remittances, title = {United Arab Emirates Remittances Received}, url = {https://historysaid.com/united-arab-emirates/remittances/}, publisher = {HistorySaid}, year = {2026} }
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