24Peaks / Europe / Russia / Remittance Outflows

Russia - Remittance Outflows 8.87B

World Bank WDI · updated 2026-10-15 · 202 economies tracked

Latest value

8.87B (2025)

Global rank

##24 of 202 economies

Share of global total

1.3%

Growth since 1994

40.02×

Ranking Race — Remittance Outflows

1 = global #1 · higher value ranks higher

#1#7#13#19#25#31#371966197619861996200620162025#31#242023 overtook Belgium2024 overtook Indonesia
RussiaUnited StatesUnited Arab EmiratesSaudi ArabiaSwitzerland

Real annual global ranks, 1966 - 2025. Russia climbed from #31 to #24 (overtook Belgium). Gaps in a lane = missing data that year.

Key events for Russia ↓

Key Events — Russia

Auto-detected from rank data + curated milestones

1991
Soviet collapse curated

Central planning ends; output falls sharply through the 1990s.

1998
Financial default curated

Ruble devalues and the government defaults on domestic debt.

2001
Climbed 16 places in global rank auto
2009
Oil crash recession curated

Falling oil prices and crisis push GDP down.

2015
Sanctions and oil shock curated

Western sanctions and falling oil prices trigger recession.

2022
Fell 16 places in global rank auto
2023
Overtook Belgium in global rank auto
2024
Overtook Indonesia in global rank auto

Remittance Outflows, 1994-2025

World Bank WDI · USD million · linear scale · ranking in the race above
19942004201420242025232.22.96B5.92B8.87B

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