Covid-19 and remittances

AuthorJoint Research Centre (European Commission)
Pages471-473
COVID-19 AND MIGRATION / ATLAS OF MIGRATION 2020
471
7. COVID-19 AND REMITTANCES
Remittancesrepresentanimportanttoolfordevelopment,
economicgrowthand povertyalleviationby ensuringa
owofnancial resourcesfrommigrantsand diasporas
tohouseholdsandcommunitiesinothercountries.Global
owsofremittances toreceivingcountries havegrown
consistentlyoverrecentdecadesfrom$64billionin1990to
FIGURE 24. [LEFT] TOP COUNTRIES FOR REMITTANCES OUTFLOW IN 2018. TOTAL AMOUNT OF REMITTANCES OUTFLOW IN USD BILLIONS AND
ASPERCENTAGEOFTHECOUNTRYGDP.[RIGHT]INTER-ANDINTRA-CONTIENTALBILATERALREMITTANCESFLOWSIN2018(COLOURSARE
ASSOCIATEDWITHTHECONTINENTOFTHESENDINGCOUNTRY).
SOURCE:WORLDBANKBILATERALREMITTANCESMATRIX
EU Europe(non-EU) Africa Asia America Oceania
United States
United Arab Emirates
Saudi Arabia
Switzerland
Germany
Russia
China
France
Kuwait
Luxembourg
South Korea
Netherlands
Qatar
Malaysia
United Kingdom
Oman
Italy
Australia
Poland
India
68.5 (14.6%)
25.4 (5.4%)
15.2 (3.2%)
14.1 (3.0%)
13.3 (2.8%)
26.8 (5.7%)
21.8 (4.6%)
10.4 (2.2%)
44.4 (9.4%)
33.9 (7.2%)
16.5 (3.5%)
14.3 (3.1%)
13.5 (2.9%)
11.6 (2.5%)
10.8 (2.3%)
10.0 (2.1%)
9.9 (2.1%)
7.1 (1.5%)
6.8 (1.4%)
7.2 (1.5%)
Oceania-Asia
America-EU
America-Europe non-EU
America-Asia
America-America
America-Africa
Asia-EU
Asia-Europe non-EU
Asia-Asia
Asia-Africa
Africa-EU
Africa-Africa
Europe non-EU-EU
Europe non-EU-Europe non-EU
Europe non-EU-Asia
Europe non-EU-Africa
EU-EU
EU-Europe non-EU
EU-Asia
EU-America
EU-Africa
© 2020 Mapbox © OpenStreetMap
Remittances inow as % of GDP
Remittances Diversity Index
Remittances outow as % of GDP
15.8 15.8
35.2 35.2
23.8 23.8
83.1 83.1
25.7
17.0 17.0
6.8
68.4 68.4
11.7 11.7
38.5
1.7 1.7
1.6
3.3
1.4
1.8 1.8
1.8
4.4 4.4
6.7 6.7
6.7
3.3
3.3 3.3
1.9
6.9
3.8 3.8
© 2020 Mapbox © OpenStreetMap
0% 20%
0 1
0.0
20.0
40.0
60.0
83.1
Map based on Longitude (generated) and Latitude (generated) and Latitude (generated). Details are shown for ISO. For pane Latitude (generated): olor shows sum of Value. For pane Latitude (generated) (2): olor shows
average of Value (null=1) (Remittances (Diversity index)). Size shows sum of Value (Migrant remittance inows (US$ million)). The marks are labeled by sum of Value label (Migrant remittance inows (US$ million)). The data is
ltered on Year, which keeps 2019.
FIGURE 23. REMITTANCESINFLOWASPERCENTAGEOFGDP(BACKGROUNDCOLOUR)ANDINUSDBILLIONS(FIGUREANDSIZEOFTHECIRCLES)
BYCOUNTRYIN2019.THECOLOUROFTHECIRCLESSHOWSTHEREMITTANCESDIVERSITYINDEX(0=LESSDIVERSE;1=MOREDIVERSE).
SOURCE:EC’SKCMDELABORATIONONWORLDBANKANNUALREMITTANCESDATA(INFLOWS)
Mapsareforillustrativepurposeonlyanddonotimplyanypoliticalpositionsonbordersanddisputedterritories.
© 2020 Mapbox © OpenStreetMap
0% 20%
emittances inow as % of GDP
0 1
R
emittances Diversity Index
Remittances outow as % of GDP

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT