Top 10 African Countries With The Highest Diaspora Remittance Inflow in 2023

According to the World Bank, remittances have grown even more important as a source of external financing for countries worldwide in the post-COVID period. They have shown to be resilient, with remittances to low- and middle-income nations increasing by 8% to $647 billion in 2022.

The World Bank indicated in its “Migration and Development Brief” that Egypt was the top beneficiary of remittances in the region, with $28.3 billion in 2022. However, this is a 10% decrease from a record high of $31.5 billion in 2021.


Remittances to Sub-Saharan Africa reached $53 billion in 2022, up 6.1% from the previous year and following a remarkable 16.3% increase in 2021.


Remittances to the region are expected to increase by 1.3 and 3.7% in 2023 and 2024, respectively.


According to the World Bank, the following are the top ten African nations with the biggest diaspora remittance inflows:

RankCountryAmount ($billion)
1Egypt28.3 billion
2Nigeria20.1 billion
3Morocco11.2 billion
4Ghana4.7 billion
5Kenya4.1 billion
6Tunisia3.1 billion
7Zimbabwe3.1 billion
8Senegal2.5 billion
9Algeria1.8 billion
10Congo, Dem. Rep.1.7 billion

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