Migration and Development Brief
Migration and Development Brief 34
Resilience: COVID-19 Crisis Through A Migration Lens Despite COVID-19, remittance flows remained resilient in 2020, registering a smaller decline than previously projected. Officially recorded remittance flows to low- and middle-income countries reached $540 billion in 2020, just 1.6 percent below the 2019 total of $548 billion.
Report Chapters and Remittance Inflows and Outflows Data
- Remittance Flows Proved to Be Resilient in 2020.
- Outlook for 2021-22
- Policy Issues
- Regional trends in Migration and Remittance Flows
- Remittances to East Asia and the Pacific declined in 2020
- Remittances to Europe and Central Asia Fell Sharply in 2020 amid the Consequences of the Coronavirus and Lower Oil Prices
- Remittances to Latin America and the Caribbean Were Resilient in 2020 and Are Expected to Continue Their Positive Growth in 2021
- Remittances to the Middle East and North Africa continued to rise in 2020
- Remittances to South Asia Unexpectedly Grew in 2020
- Remittances to Sub-Saharan Africa Declined in 2020.