Remittance Trends over Time

Remittance Trends over Time

This time series chart shows annual remittance inflows and outflows by country from 1970 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.

Notes: 

1) All numbers are in current (nominal) US $. This means that dollar values are not constant between years, e.g. a 1970 dollar may have greater purchasing power than a 2019 dollar.

2)    Remittance inflows and their share of GDP for 2019 are based on World Bank preliminary estimates.

Source: 

1) Migration Policy Institute tabulations of data from the World Bank Prospects Group. Annual Remittance Data (April 2020 update).  Available here: www.worldbank.org/en/topic/migrationremittancesdiasporaissues/brief/migration-remittances-data.

2) Gross domestic product estimates are from Migration Policy Institute tabulations of World Bank World Development Indicators data. GDP (current US $). Available here: http://data.worldbank.org/indicator/NY.GDP.MKTP.CD.