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Bosnia and Herzegovina Personal remittances, received (current US$)
What is Bosnia and Herzegovina's personal remittances, received (current us$)? As of 2023, it's 2.8B USD Mn, up from 2.1B USD Mn in 2014.
| Label | Personal remittances, received (current US$) |
|---|---|
| 2014 | 2107139724.5689 USD Mn |
| 2015 | 1801111957.9125 USD Mn |
| 2016 | 1845995097.1248 USD Mn |
| 2017 | 2016872694.9404 USD Mn |
| 2018 | 2262876954.4991 USD Mn |
| 2019 | 2332570551.4136 USD Mn |
| 2020 | 1931039749.0551 USD Mn |
| 2021 | 2477948499.8138 USD Mn |
| 2022 | 2581262139.0298 USD Mn |
| 2023 | 2823600740.5249 USD Mn |
Data Source: World Bank and Wantstats Repository
Bosnia and Herzegovina Personal remittances, received (current US$): Key Points
- The 2014-2023 run puts Bosnia and Herzegovina's personal remittances, received at 2.82B current US$ by the end, up from 2.11B current US$ at the start — a rise of some 34%.
- 2015: falls to 1.80B current US$ (-15%).
- 2016-2019: builds to 2.33B current US$ (+30%).
- 2020: slips to 1.93B current US$ (-17%).
- 2021-2023: spikes to 2.82B current US$ (+46%).
- 2023: Series wraps up at 2.82B current US$, a net 34.0% gain across the whole run.
Why There's No Clean Trend Here
Treat this less like a trend and more like a set of individual events. Something different seems to be driving each up or down move rather than one consistent force.
Worth noting this move happens in 2020, the year lockdowns disrupted ordinary activity broadly across the world. It may or may not be the direct explanation here, but it's the most common one for a dip landing in exactly this year.
A move this size in one year — 2021, 28% — is large enough to ask whether it's a real-world event or a data/methodology break. Cross-check against a known event in that year before treating it as organic change.
This is Bosnia and Herzegovina data, published by the source linked below. Indicator series like this are usually modeled/estimated between survey years, not measured fresh every year — trust the multi-year direction over any one data point.
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