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Remittances are among the most tangible links between migration and development. In 2009, officially recorded flows totaled over US$414 billion worldwide, with more than three-quarters (US$316 billion) sent to developing countries. In 22 countries, remittances were equal to more than 10 percent of Gross Domestic Product (GDP) in 2009; in 11 countries they were equal to more than 20 percent of GDP. The global recession reversed a strong upward trend in remittances sent by migrants to their countries of origin. The 2009 officially recorded remittances were 6.7 percent lower than those in 2008, when the all-time high of $443.4 billion was reached. The World Bank projects that with improved economic prospects, remittances to developing countries will increase by 6.2 percent in 2010 and 7.1 percent in 2011. Select one of the two maps below to visualize global remittance flows in 2009, either numerically or as a share of GDP. Learn about remittance trends and other migration and development indicators in the world and the top remittances-receiving countries, by selecting the geography of interest. 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. 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. While recognizing the wealth of data and research that already exists on remittances, our Global Remittances Guide serves as a central hub for the dissemination of data on remittances as they are linked to both international migration and development. To provide a portrait of global remittance flows, the guide leverages remittance data compiled by the World Bank’s Development Prospects Group on more than 150 countries. The regional and country profiles displayed through the Global Remittances Guide:
A full Remittances Glossary is available along with Further Readings on Migration and Development topics. This data tool is a project of the Migration Policy Institute's Migrants, Migration, and Development program. It was made possible with generous support of the John D. and Catherine T. MacArthur Foundation, the technical assistance of Dilip Ratha and Sanket Mohapatra from the Development Prospects Group, The World Bank, and research assistance of Roberto Munster, MPI.
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