24Peaks / North America / Canada / Remittance Outflows

Canada - Remittance Outflows 15.11B

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

Latest value

15.11B (2025)

Global rank

##11 of 202 economies

Share of global total

2.3%

Growth since 1990

11.5×

Ranking Race — Remittance Outflows

1 = global #1 · higher value ranks higher

#1#5#9#13#17#21#251966197619861996200620162025#8#112021 overtook Poland2024 overtook Switzerland
CanadaUnited StatesUnited Arab EmiratesSaudi ArabiaSwitzerland

Real annual global ranks, 1966 - 2025. Canada climbed from #8 to #11 (overtook Poland). Gaps in a lane = missing data that year.

Key events for Canada ↓

Key Events — Canada

Auto-detected from rank data + curated milestones

1994
NAFTA takes effect curated

Continental free trade deepens integration with the US and Mexico.

2009
Global crisis recession curated

Trade collapse hits the open economy.

2015
Oil price shock curated

Crude collapse hurts energy-heavy provinces.

2020
COVID-19 recession curated

Sharpest contraction in decades despite fiscal support.

2021
Overtook Poland in global rank auto
2024
Overtook Switzerland in global rank auto
2024
Climbed 16 places in global rank auto

Remittance Outflows, 1990-2025

World Bank WDI · USD million · linear scale · ranking in the race above
199020002010202020251696.625.08B10.15B15.23B

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