![Raynor de Best](https://cdn.statcdn.com/static/../CMS/contactperson/ERI1008_1707304431.png)
Annual value of incoming personal remittances in Liberia 2010-2023
The personal remittances received in Liberia increased by 110.3 million U.S. dollars (+16 percent) in 2023. While the growth is slowing down, with 800 million U.S. dollars, the personal remittances received are at their peak in the observed period.
Remittances are flows of money between immigrants and their relatives. They refer to personal transfers between resident and nonresident individuals, and the compensation of employees who are employed in an economy where they are not resident, and of residents employed by nonresident entities.
Find more key insights for the personal remittances received in countries like Togo and Niger.