Migrants' Remittances and Related Economic Flows
Migrants' remittances -- payments sent by foreign-born workers back to their home country -- have become a significant source of monetary inflows for many countries. In 2009, such remittances from the U.S. to other countries totaled more than $48 billion, nearly 30 percent more in inflation-adjusted terms than they were in 2000. People in Mexico receive more of the remittances sent from the U.S. than do residents of any other country. This document includes data through 2009. The existing data on global remittances are not of very high quality, however, and the comparisons and trends reported here should be viewed only as approximations. Charts and tables. This is a print on demand edition of an important, hard-to-find publication.
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____ ____ Total $33 billion $50 million 40 percent Adjusted for inflation America and Caribbean asset accumulation Baja Banco de México based on data BEA’s estimates billion in 2009 Billions of dollars Budget Office based Bureau of Economic capital transfers CBO’s Central Asia chain-type price index compensation of employees Congressional Budget Office countries in Europe document Dollarsa Dominican Republic East and North East Asia Economic Analysis Europe and Central foreign-born population foreign-born workers gross domestic product gross inflows Guanajuato High-Income Countries home country index for U.S. Inflows of Personal inflows of remittances International Monetary Fund Latin America Michoacán Middle East middle-income countries North Africa Notes and Definitions Outflows and Inflows outflows of personal Pacific personal transfers private remittances related flows remittances and related Remittances per Person short-term migrants Source South Asia Sub-Saharan Africa total inflows total outflows U.S. gross domestic United Various Regions World Bank Yucatán