Economy · Remittance inflows · Senegal
Senegal’s remittance inflows was $3.3bn in 2023.
$3.3bn
2023
Up $0.36bn from 2022.
Stale — last updated 8 Oct 2026
In plain words
$3.3bn
What it is. Remittance inflows count the personal transfers, in cash or in kind, that migrants and workers abroad send to households in Senegal. The figure comes from balance of payments records and is expressed in current US dollars, so each year carries that year's prices and exchange rates. Money carried home by hand or sent through informal networks often escapes the count.
Higher is better. A higher figure means more money reaching families and more foreign currency entering the economy, which is why a rise counts as good. The latest figure, for 2023, is $3.3bn, up from $2.9bn a year earlier, a gain of 12.2%. That is the highest level since 2014, the start of the range. The lowest point in the same span was $1.8bn in 2015.
Why it matters. Many Senegalese households use money from relatives abroad for food, rent, school fees and health costs, so a rise of $0.36bn in a year adds to everyday spending power. For the state, these inflows bring in foreign currency that helps pay for imports. At $3.3bn, remittances are a large and growing source of external income for the country.
| Period | Remittance inflows · Senegal |
|---|---|
| 2014 | $1.9bn |
| 2015 | $1.8bn |
| 2016 | $2bn |
| 2017 | $2.1bn |
| 2018 | $2.4bn |
| 2019 | $2.5bn |
| 2020 | $2.6bn |
| 2021 | $3.1bn |
| 2022 | $2.9bn |
| 2023 | $3.3bn |
Source: World Bank, World Development Indicators (CC BY 4.0) · Licence: CC BY 4.0
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Strata-AF™ Data, Remittance inflows, Senegal, 2023; source World Bank, World Development Indicators (CC BY 4.0), retrieved 8 Oct 2026; https://data.strata-af.com/economy/remittance-inflows/senegal
Data insights · Worked out from the published figures
What this means
Working this out from the published figures…
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Methodology
Personal remittances received, current US dollars. Unit: USD bn.
Source: World Bank, World Development Indicators (series BX.TRF.PWKR.CD.DT), retrieved through the World Bank API and published under CC BY 4.0. Updated annually; the World Bank's own source notes apply.