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Remittances to Central Asia are falling, but less so in ruble terms

Remittance flows to several Central Asian countries appear to be declining precipitously in the first half of this year, raising concerns that these flows are less resilient in the Europe and Central...

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Migration and Remittance Trends 2009: A better-than-expected outcome so far,...

With Sanket and Ani We have just released Migration and Development Brief 11 (see accompanying presentation) reporting latest data on remittance flows. Newly available data show that officially...

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India received $50.6 bn in private transfers in 2009

The latest March 31 balance of payments data from India’s central bank, the Reserve Bank of India (RBI), shows that India received $50.6 billion in private transfers in the 2009 calendar year.  This...

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Remittance flows to developing countries remained resilient in 2009, expected...

We have just released Migration and Development Brief 12 reporting the latest estimates of remittance flows for 2008-09 and forecasts for 2010-11.  Officially recorded remittance flows to developing...

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Webinar on Recent Trends and Outlook for Remittances Flows

The Migration and Remittances Team of the Development Prospects Group of the World Bank invites you to a WEBINAR on Recent Trends and Outlook for Remittances Flows. Presenter: Mr.Dilip Ratha,Lead...

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Is Russia the second-largest sender of remittances? Or is it Saudi Arabia?

Saudi Arabia was the second largest sender of remittances (after the United States) from 1988 to 2006. In 2007 and 2008, it was displaced by Russia as the second largest sender of remittances (figure...

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Migrant remittances and private capital flows - Which is what?

The Uganda Daily Monitor reported recently that according to the World Bank’s latest Global Economic Prospects report, “remittances to developing countries is forecasted [sic] to recover modestly from...

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Outlook for remittance flows to developing countries: Recovery after the...

 (Available in French and Spanish)  We have just released our latest outlook for remittance flows. Officially recorded remittance flows to developing countries are estimated to increase by 6 percent to...

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Preliminary estimates of diaspora savings suggest potential for diaspora bonds

It has often been said that the diaspora of developing countries possess considerable wealth that can be tapped – via issuance of diaspora bonds – for the origin countries’ development. We have just...

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How can post offices improve access to remittances and financial services in...

 Photo:istockphoto.comWe have just released a Migration and Development brief prepared by our colleagues Jose Anson and Nils Clotteau of the Universal Postal Union (UPU) based in Berne, Switzerland....

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Remittance flows to developing countries recover to pre-crisis levels

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Remittance flows to developing countries exceed $350 billion in 2011

Officially recorded remittance flows to developing countries are estimated to have reached $351 billion in 2011, up 8 percent over 2010 (See brief).For the first time since the global financial crisis,...

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Worldwide Remittance Flows updated to $483 billion for 2011

We have updated the data on worldwide remittance flows -  including flows to developing countries and high income countries - to $483 billion in 2011. Of this, developing countries received $351...

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Remittances to developing countries to reach $406 billion in 2012

We have issued the latest Migration and Development Brief, which includes the latest estimates for remittances in 2012 and projections up to 2015.As our estimates for 2012 show, international migrants...

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Corrigendum: Migration and Development Brief 20

The Migration and Development Brief 20 issued on April 19, 2013 contained a tabulation error in Table 1 of page 11. This affects the estimates highlighted below, which were shifted by one year. For...

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