Remittance Flows in 2011 : An Update
Officially recorded remittance flows to developing countries are estimated to have reached $372 billion in 2011, an increase of 12.1 percent over 2010. The growth rate of remittances was higher in 2011 than in 2010 for all regions except Middle Eas...
| Main Authors: | , |
|---|---|
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2013
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2012/04/16977571/remittance-flows-2011-update http://hdl.handle.net/10986/16176 |
| Summary: | Officially recorded remittance flows to
developing countries are estimated to have reached $372
billion in 2011, an increase of 12.1 percent over 2010. The
growth rate of remittances was higher in 2011 than in 2010
for all regions except Middle East and North Africa, where
flows were moderated by the Arab Spring. Remittance flows to
developing countries are expected to grow at 7-8 percent
annually to reach $467 billion by 2014. Worldwide remittance
flows, including those to high-income countries, are
expected to reach $615 billion by 2014. Major revisions to
our December 2011 estimates include remittance flows to
Egypt, India, China, and Thailand. |
|---|