This time series chart shows annual remittance inflows and outflows by country from 1980 to present (either in current U.S. dollars or as a share of total gross domestic product, GDP). Multiple countries can be selected from the menu.
1) All numbers are in current (nominal) U.S. dollars. This means that dollar values are not constant between years, e.g. a 1980 dollar may have greater purchasing power than a 2022 dollar.
1) Migration Policy Institute tabulations of remittance inflow and outflow data from the World Bank Global Knowledge Partnership on Migration and Development (KNOMAD) (June 2023 update). Available here: www.knomad.org/data/remittances.