Remittances

El Salvador experienced a 40% drop in remittances in April 2020 compared with April 2019, the largest decline among the six nations analyzed.

Remittances – money sent by migrants to their home countries – are projected to fall by a record 20% this year.

Money sent by immigrants to their home countries in sub-Saharan Africa reached a record $41 billion in 2017.

Worldwide, an estimated $625 billion (USD) was sent by migrants to individuals in their home countries in 2017, a 7% increase from 2016, when the amount was $586 billion, according to economists at the World Bank. This increase follows two consecutive years of decline.

For five countries – Nepal, Kyrgyzstan, Haiti, Tajikistan and Liberia – remittances from citizens abroad are equivalent to at least a quarter of GDP.

Remittance flows decreased worldwide for a second consecutive year in 2016, the first back-to-back decline in over three decades. Remittances to Latin America and the Caribbean, however, rose to a record high.

People in 38 countries were asked how often they use the internet – as well as how often they use social networking sites like Facebook, Twitter and other sites – to get news. Specifically, they were asked whether they did each activity several times a day, once a day, several times a week, once a […]

Worldwide, an estimated $582 billion was sent by migrants to relatives in their home countries in 2015, a 2% decline from 2014.

Track the flows of remittances worldwide in the year 2012 with this interactive.