Turkey Remittances

Personal remittances received, current US dollars.

Remittances in Turkey decreased to 0.76 USD billion in 2025 from 0.98 USD billion in 2024.

$0.76B
▼ −0.222025 · previous $0.98BAnnual · US$ billion · Source: World Bank — World Development Indicators

Turkey Remittances — History

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Turkey Remittances — analysis in simple words

Latest reading

Remittances in Turkey decreased to 0.76 USD billion in 2025 from 0.98 USD billion in 2024.

Over the last three years it rose once and fell twice.

Recent trend

A year earlier (2024) it was $0.98B, so the latest figure is $0.22B lower.

Over the past five years the average was $0.84B, with a range from $0.70B to $1.03B. The latest value is below that five-year average.

Historical context

This data series starts in 1974 and has 52 annual observations. The latest reading is higher than 6% of all of them.

The highest value on record is $5.36B (1998) and the lowest is $0.70B (2022). The long-run average is $1.99B.

Compared with other countries

Among 180 economies with recent data, Turkey ranks 100th from the top. The median across all these economies is $1.02B, so Turkey is below the typical country.

Within Europe & Central Asia (50 economies with data) it ranks 42nd; the regional median is $2.71B.

Statistics

Latest
$0.76B2025
Previous
$0.98B
5-year average
$0.84B
Long-run average
$1.99Bsince 1974
All-time high
$5.36B1998
All-time low
$0.70B2022
Observations
52Annual

Recent Data

PeriodValueChange
2025$0.76B▼ −0.22
2024$0.98B▼ −0.05
2023$1.03B▲ +0.33
2022$0.70B▼ −0.03
2021$0.73B▼ −0.09
2020$0.82B▼ −0.04
2019$0.86B▼ −0.29
2018$1.15B▲ +0.09
2017$1.06B▼ −0.15
2016$1.20B▼ −0.20
2015$1.40B▼ −0.34
2014$1.74B▼ −0.16
2013$1.90B▲ +0.02
2012$1.88B▼ −0.00
2011$1.88B▲ +0.06
2010$1.82B▼ −0.01
2009$1.83B▼ −0.61
2008$2.44B▲ +0.34
2007$2.10B▲ +0.26
2006$1.83B▲ +0.47
2005$1.37B▲ +0.56
2004$0.80B▲ +0.08
2003$0.73B▼ −1.21
2002$1.94B▼ −0.85
2001$2.79B▼ −1.77
2000$4.56B▲ +0.03
1999$4.53B▼ −0.82
1998$5.36B▲ +1.16
1997$4.20B▲ +0.66
1996$3.54B

Remittances — Turkey vs Peers

Latest available reading for each economy (periods may differ). Turkey highlighted.

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More Turkey indicators

Understanding Remittances — a simple guide

What it measures

Personal remittances received from workers abroad, in current US dollars.

How it is calculated

Money sent home by citizens working abroad, in US dollars.

Simple example

Workers in the Gulf sending money to families in India are counted here.

▲ When it is high or rising

High remittances support household income and the current account.

▼ When it is low or falling

Low remittances mean less income from abroad.

Why it matters for the economy and markets

Remittances are a large and stable source of foreign income for many emerging economies.

How to read it

They tend to be counter-cyclical, rising when the home economy is under stress.

Data source

World Bank — World Development Indicators (series BX.TRF.PWKR.CD.DT), annual data from 1974 to 2025. Values are shown exactly as published by the source and may be revised later.

How to use the chart

Use the 5Y / 10Y / 25Y / Max buttons to change the time range, or drag the slider under the chart. Hover (or tap) on the line to see the exact value for any period. Dashed lines and hatched bars are IMF projections, not actual data. The “Download CSV” button gives you the full data series.

Frequently asked questions

What is the current remittances of Turkey?
Turkey remittances was $0.76B in 2025, compared with $0.98B in the previous period, according to World Bank — World Development Indicators.
What is the highest and lowest remittances of Turkey?
Since 1974, the highest reading was $5.36B (1998) and the lowest was $0.70B (2022).
What does remittances measure?
Personal remittances received from workers abroad, in current US dollars.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.