Workers' remittances paid rose 11.9% to USD 63.4 mil in Nepal in 2024, according to the National Statistical Office.
Historically, workers' remittances paid in Nepal reached an all time high of USD 79.2 mil in 2006 and an all time low of USD 3.01 mil in 1993. When compared to Nepal's main peers, workers' remittances paid in Bangladesh amounted to USD 168 mil, USD 74.5 mil in Bhutan, USD 20,019 mil in China and USD 12,072 mil in India in 2024.
Nepal has been ranked 91st within the group of 98 countries we follow in terms of workers' remittances paid, 63 places above the position seen 10 years ago.
Workers' Remittances, Paid (USD) | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Bangladesh | USD mil | 56.9 | 82.8 | 94.8 | 100 | 135 | ||||||||||||||||
Bhutan | USD mil | ... | ... | 57.5 | 65.0 | 48.0 | 25.8 | 33.7 | ||||||||||||||
China | USD mil | 16,548 | 15,135 | 18,296 | 22,958 | 22,156 | ||||||||||||||||
India | USD mil | 6,782 | 7,532 | 7,011 | 8,181 | 10,089 | ||||||||||||||||
Japan | USD mil | 6,151 | 6,828 | 8,245 | 6,134 | 4,530 | ||||||||||||||||
Myanmar | USD mil | ... | ... | ... | ... | ... | ... | 151 | 179 | ... | ... | ... | ... | ... | ||||||||
Nepal | USD mil | 49.4 | 60.0 | 44.1 | 44.0 | 61.2 | ||||||||||||||||
Pakistan | USD mil | ... | 130 | 124 | 187 | 231 | 208 | |||||||||||||||
Russia | USD mil | 22,308 | 22,217 | 16,872 | 16,820 | 5,787 | ||||||||||||||||
Sri Lanka | USD mil | 962 | 1,091 | 1,042 | 344 | 365 | ... | |||||||||||||||
USA | USD mil | 66,836 | 71,583 | 66,126 | 73,551 | 87,025 |