Moldova – a leader by share of remittances in GDP

Moldova ranks second in the list of the top recipients in terms of the share of remittances in GDP among developing countries with a share of 38.3% in 2007. It is outstripped by Tajikistan with a 45.5% share, according to the World Bank’s Migration and Remittances Factbook 2008.

Tonga comes next with a share of 35.1%. It is followed by Lesotho with 28.7% and Honduras with 24.5%. [Read more]