Showing posts with label foreign direct investment. Show all posts
Showing posts with label foreign direct investment. Show all posts

Saturday 15 February 2020

The Ins and Outs of Remittance Flows

The global immigrant population is growing at a healthy pace. Their collective strength is one to be reckoned with. In 2019, migrants collectively sent $550.5 billion in money back to their home countries—money transfer flows that are more popularly known as remittances.

Remittances serve as an economic lifeline around the world, particularly for low- and middle-income countries (LMICs). The visualization linked to this post relies on the latest data from the World Bank to create a snapshot of these global remittance flows.

Where do most of these remittances come from, and which countries are the biggest recipients?

Check out the details HERE.
 
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