Remittances are among the most tangible links between migration and development. Officially recorded flows totaled over US$280 billion worldwide in 2006. Nearly three-quarters were sent to developing countries. In 22 countries, remittances were equal to more than 10 percent of Gross Domestic Product (GDP) in 2006; in six countries they were equal to more than 20 percent of GDP.
Learn about remittance trends and patterns of the world, six regions, and the top remittances-receiving countries in terms of the volume and the share of GDP, by selecting the geography of interest. Click on one of the two maps below to visualize global remittance flows, either numerically or as a share of GDP.
Note: These data only capture remittances sent through formal channels such as banks and money transfer operators. Currently, no uniform and authoritative historical data on informal flows exist. However, where estimates of informal remittances are available, we include them in the remittances profiles. Given the widespread use of informal remittance channels in many countries, the remittance data presented in this guide should be regarded as underestimates of the total flows. [Read more]
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