2024 Migration and Development report ranks Ghana 2nd in Africa for remittance flows in 2023 at $4.6bn, with Nigeria leading at $19.5bn.

Ghana ranked 2nd in Africa for remittance flows in 2023, receiving $4.6bn, according to the World Bank's 2024 Migration and Development report. Nigeria led with $19.5bn, followed by Kenya with $4.2bn. Remittances to Sub-Saharan Africa were nearly 1.5x FDI inflows in 2023, demonstrating greater stability, and remittances are the largest foreign exchange earners for many countries in the region.