Search results
Results from the WOW.Com Content Network
Remittances, defined as monetary transfers made by migrants to their home countries, play a crucial role in global economies and the livelihoods of individuals and families. In some countries, remittances account for more than 30% of the total economic output.
Jordan ranked among the top 20 recipients of remittances for the preceding decade. In addition, the Arab Monetary Fund (AMF) statistics in 2010 indicate that Jordan was the third biggest recipient of remittances
This major increase in remittances can be partially attributed to the larger population of immigrants and migrant workers, [5] as well as to increasing globalization in the financial and money markets. China and India are also major recipients of U.S. remittances, and are the top two recipients of remittances globally.
India is the world's top receiver of remittances, claiming more than 12% of the world's remittances in 2015. [1] [2] Remittances to India stood at US$125 billion in 2023, up from US$69 billion in 2017. Remittances from India to other countries totalled US$5.710 billion in 2017, for a net inflow of US$63.258 billion in 2017. [3] [4] [5]
Remittances to Bangladesh are money transfers (remittances) sent by the Bangladeshi diaspora to Bangladesh.According to the World Bank, Bangladesh is the 7th highest recipient of remittances in the world [1] with almost $22.1 billion in 2021 and was the third highest recipient of remittances in South Asia. [2]
Main page; Contents; Current events; Random article; About Wikipedia; Contact us
Development aid is not usually understood as including remittances received from migrants working or living in diaspora—even though these form a significant amount of international transfer—as the recipients of remittances are usually individuals and families rather than formal projects and programmes.
Ria Money Transfer is a subsidiary of Euronet Worldwide, Inc., which specializes in money remittances. [2] [3] [4] Ria initiates transfers through a network of agents and company-owned stores located throughout North America, South America, Europe, Asia-Pacific, Africa, and online. Ria is one of the big four remittance companies. [5]