FinObservatory

Remittances

Indonesia

Personal remittance receipts of $16.04B in 2024, 1.15% of GDP, from 42 annual observations starting in 1983.

Received, 2024
$16.04B
Share of GDP, 2024
1.15%
Rank in 2024
13th of 160
Net, 2024
$4.91B
Years of receipts
42

Received and paid, US$ billion

0.05.01015201990200020102020ReceivedPaid

Source: World Bank WDI: personal remittances received (BX.TRF.PWKR.CD.DT), paid (BM.TRF.PWKR.CD.DT), current US$ Gross flows in current US dollars. A gap in a line is a year with no observation, not a zero. Methodology

Receipts as a share of GDP

The highest reading in the series is 1.90% in 2005.

0.0%0.5%1.0%1.5%2.0%1990200020102020% of GDP

Source: World Bank WDI: personal remittances received (BX.TRF.PWKR.CD.DT), paid (BM.TRF.PWKR.CD.DT), current US$ | World Bank WDI: GDP, current US$ (NY.GDP.MKTP.CD) Both series are current US dollars from the same WDI vintage; the share moves with the dollar GDP denominator as well as with the inflow. Methodology

Where the money is modelled to come from, 2021

The corridor matrix is a model, not a measurement

The 10,229 corridors in this matrix (212 sending economies, 175 receiving) are not observed payments. The World Bank builds it by allocating each country’s total recorded receipts across origins using bilateral migrant stocks and origin-destination incomes. A corridor value is therefore an estimate produced by that allocation rule. The matrix exists for one year, 2021, and no other.

The matrix routes $9.40B into Indonesia for 2021, from 87 origin countries. The five largest account for 77.7% of that total. The balance-of-payments series reports $9.40B of receipts for 2021, so the modelled total is the same figure.

OriginModelled valueShare of modelled total
Saudi Arabia$3.53B37.5%
Malaysia$2.37B25.2%
United Arab Emirates$701.2M7.5%
Singapore$387.0M4.1%
Hong Kong$312.7M3.3%
Bangladesh$257.1M2.7%
Netherlands$236.8M2.5%
United States$235.0M2.5%
Kuwait$231.8M2.5%
Australia$195.9M2.1%

Source: World Bank / KNOMAD Bilateral Remittance Matrix | World Bank WDI: personal remittances received (BX.TRF.PWKR.CD.DT), paid (BM.TRF.PWKR.CD.DT), current US$ Every row is an allocation from migrant-stock and income data, not an observed payment. Methodology

Modelled outward corridors, 2021

The same matrix sends $1.08B out of Indonesia across 16 corridors. These are modelled allocations too.

DestinationModelled value
China$319.6M
Thailand$170.0M
Japan$127.8M
South Korea$114.7M
Timor-Leste$87.2M

Source: World Bank / KNOMAD Bilateral Remittance Matrix Methodology

This page exists because Indonesia has 42 annual receipt observations, at or above the 10-year minimum. Methodology | All receivers