Remittances to Ethiopia: World Bank data
Ethiopia received US$7.14 billion in personal remittances in 2024, equal to 4.77% of GDP and up 1223.4% on 2023, according to the World Bank. That ranks it 29th of the 163 economies with 2024 data. Personal remittances paid out of Ethiopia were US$69 million in 2024, 135th of the 166 economies with 2024 data.
| Received (2024) | US$7.14 billion source |
| Share of GDP (2024) | 4.77% source |
| Change since 2019 | +1388.2% (from US$480 million) |
| Highest year on record | 2024 (US$7.14 billion) |
| Paid out (2024) | US$69 million source |
| Region and income group | Sub-Saharan Africa , low income |
Remittances received by year
What it costs to send
Sending the US$200 equivalent to Ethiopia cost 3.14% to 7.85% on average across the 4 corridors the World Bank surveyed in Q3 2025: every corridor to Ethiopia.
Related
Where Polynopsis fits
Remittances are paid out by banks, payout partners and mobile wallets that money transfer companies keep funded ahead of demand. Polynopsis is liquidity software for those companies: one live position across every bank, payout partner and wallet, with a warning before a corridor runs dry.
Data: World Bank, World Development Indicators (BX.TRF.PWKR.CD.DT, BX.TRF.PWKR.DT.GD.ZS, BM.TRF.PWKR.CD.DT), last updated 2026-10-08, licensed CC BY 4.0. Ranks are worked out by Polynopsis from the same data.
Know where all your money is.
Polynopsis gives cross-border payment teams one live position across every bank, payout partner, exchange and wallet, including money in flight, and warns before a corridor runs dry.
About Polynopsis
Polynopsis is liquidity management software for cross-border payment companies. The name joins poly, many, and synopsis, a seeing together: one live view of money spread across many banks, payout partners, exchanges and stablecoin wallets, including money in flight, with a warning before any corridor runs dry.
Why it is called Polynopsis · About Polynopsis · Glossary · Corridor runway calculator