Monthly Remittance Flows to Selected Countries

Data on monthly remittance flows to selected countries now available for download Excel file with remittance data.

Migration and Development Brief 10: Outlook for Remittance Flows 2009-2011: Remittances expected to fall by 7-10 percent in 2009

July 2009

Newly available data show that remittance flows to developing countries reached $328 billion in 2008, larger than our previous estimate of $305 billion. Remittances grew rapidly during 2007 and 2008, but have slowed down in many corridors since the last quarter of 2008. In line with a recent downward revision in the World Bank’s forecast of global economic growth, we have also lowered our forecasts for remittance flows to developing countries to -7.3 percent in 2009 from the earlier forecast of -5 percent.

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Migration and Development Brief 8: Outlook for Remittance Flows 2008-2010: Growth expected to moderate significantly, but flows to remain resilient

Officially recorded remittance flows to developing countries are estimated to reach $283 billion in 2008, up 6.7 percent from $265 billion in 2007; but in real terms, remittances are expected to fall from 2 percent of GDP in 2007 to 1.8 percent in 2008. This decline, however, is smaller than that of private or official capital flows, implying that remittances are expected to remain resilient relative to many other categories of resource flows to developing countries.

Download PDF (491 KB) | Remittances Data in Brief (259 KB)

New February 2009 data can be found here.

Please click here for World Bank’s income classification.

Migration and Development Brief 5: Revisions to Remittance Trends 2007

Remittances to developing countries reached $251 billion in 2007. This brief also discusses concerns over a much-publicized decline in remittance received by Mexico in the first part of 2008, and argues that remittances may instead have grown although at a slower pace.

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Migration and Development Brief 3: Remittance Trends 2007

Recorded remittances to developing countries are estimated to reach $240 billion in 2007. The true size of remittances including unrecorded flows is even larger. The brief describes broad regional and country specific trends in remittance flows worldwide, and highlights some structural changes that will affect future flows.

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Download  Excel chart (28 KB). Figure 1: Remittances and Capital Flows to Developing Countries. (updated on July 10, 2008)

Bilateral Remittances Data

Estimates of bilateral remittances flows are posted at South-South Migration and Remittances. See annex 4 A.1 (p. 105, Chapter 4 of Global Economic Prospects 2006) for more details.

South-South Migration and Remittances  (Updated in January 2007)

Contrary to popular perception, new research shows that nearly half of migrants from the South are in the South.

Migration and Remittances Factbook 2008

A snapshot of migration and remittances data for all countries, regions and income groups of the world, compiled from available data from various sources.

Survey of African diaspora in Belgium

In preparation of Global Economic Prospects 2006, three surveys were implemented in Belgium, during March-April 2005, to collect information on household characteristics, migration and remittances from households in which at least one person was born in, respectively, the Dem. Republic of Congo, Nigeria and Senegal. The heads of Diaspora networks from these countries nominated volunteers from their respective communities to act as interviewers and provided the lists of household members to be contacted for interviews.

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Questionnaire (PDF): Dem.Rep.of Congo | Nigeria | Senegal
Excel Data: Dem.Rep.of Congo | Nigeria | Senegal