Migration and Development Brief

Migration and Development Brief 29

Remittances to low- and middle-income countries rebounded to a record level in 2017 after two consecutive years of decline, says the World Bank’s latest Migration and Development Brief.

The Bank estimates that officially recorded remittances to low- and middle-income countries reached $466 billion in 2017, an increase of 8.5 percent over $429 billion in 2016. Global remittances, which include flows to high-income countries, grew 7 percent to $613 billion in 2017, from $573 billion in 2016.

Date
April
2018

Report Chapters and Remittance Inflows and Outflows Data

FULL REPORT

  1. TRENDS IN GLOBAL REMITTANCE FLOWS
    1. Remittances Rebounded to a Record Level in 2017
    2. Outlook for Remittances, 2018–20
    3. Trends in the Costs of Remittances (SDG Indicator 10.c.1)
    4. De-risking by Commercial Banks Continues to Impact Remittance Costs
    5. Cryptocurrencies and Blockchain
  2. MIGRATION FLOWS
    1. International Migration Data and Estimates
    2. Refugee Movements and Forced Displacements
    3. Recruitment Costs Paid by Low-Skilled Migrant Workers (SDG Indicator 10.7.1)
    4. Global Compact on Migration
    5. Global Compact on Refugees
  3. SPECIAL TOPIC: TRANSIT MIGRATION
    1. Not All Transit Migrants Want to Migrate to Europe or the United States
    2. Drivers: Transit, Because Direct Passage to Final Destination Is Not Possible
    3. Impacts: A Global Loss
    4. Policy Responses: Respect the Human Rights of Transit Migrants
  4. REGIONAL TRENDS IN MIGRATION AND REMITTANCE FLOWS
    1. Remittances to East Asia and the Pacific Rebounded in 2017
    2. Remittances to Europe and Central Asia Grew Rapidly in 2017
    3. Remittances Flows into Latin America and the Caribbean Are Strong and Continue to Rise
    4. Remittances to the Middle East and North Africa Bounced Back in 2017
    5. Remittances to South Asia Grew Moderately in 2017
    6. Remittances to Sub-Saharan Africa Accelerated in 2017