24Peaks / Oceania / Australia / Remittance Outflows

Australia - Remittance Outflows 15.96B

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

Latest value

15.96B (2025)

Global rank

##10 of 202 economies

Share of global total

2.4%

Growth since 1970

241.51×

Ranking Race — Remittance Outflows

1 = global #1 · higher value ranks higher

#1#6#11#16#21#26#311966197619861996200620162025#6#102023 overtook Malaysia2024 overtook Saudi Arabia
AustraliaUnited StatesUnited Arab EmiratesSaudi ArabiaSwitzerland

Real annual global ranks, 1966 - 2025. Australia climbed from #6 to #10 (overtook Malaysia). Gaps in a lane = missing data that year.

Key events for Australia ↓

Key Events — Australia

Auto-detected from rank data + curated milestones

1983
Floating of the dollar curated

AUD begins floating; financial deregulation follows.

2008
Global crisis resilience curated

Avoids recession on the back of China-driven commodity demand.

2020
COVID-19 recession curated

First recession in nearly three decades.

2023
Overtook Malaysia in global rank auto
2024
Overtook Saudi Arabia in global rank auto

Remittance Outflows, 1970-2025

World Bank WDI · USD million · linear scale · ranking in the race above
19701985200020152025855.085.36B10.71B16.07B

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