Remittances to Senegal: World Bank data
Senegal received US$3.27 billion in personal remittances in 2023, equal to 10.64% of GDP and up 12.2% on 2022, according to the World Bank. That ranks it 54th of the 174 economies with 2023 data. Personal remittances paid out of Senegal were US$340 million in 2023, 85th of the 178 economies with 2023 data.
| Received (2023) | US$3.27 billion source |
| Share of GDP (2023) | 10.64% source |
| Change since 2018 | +34.6% (from US$2.43 billion) |
| Highest year on record | 2023 (US$3.27 billion) |
| Paid out (2023) | US$340 million source |
| Region and income group | Sub-Saharan Africa , lower middle income |
Remittances received by year
What it costs to send
Sending the US$200 equivalent to Senegal cost 2.41% to 7.90% on average across the 2 corridors the World Bank surveyed in Q3 2025: every corridor to Senegal.
Sending from Senegal cost 25.70% to 25.70% across 1 corridor: every corridor from Senegal.
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