Migration and Remittances : Recent Developments and Outlook
Using newly available census data, the stock of international migrants is estimated at 247 million in 2013, significantly larger than the previous estimate of 232 million, and is expected to surpass 250 million in 2015. Migrants’ remittances to dev...
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| Format: | Brief |
| Language: | English en_US |
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2016
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| Online Access: | http://documents.worldbank.org/curated/en/136611467989539595/Migration-and-remittances-recent-developments-and-outlook http://hdl.handle.net/10986/25478 |
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okr-10986-25478 |
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oai_dc |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
SANITATION MONEY TRANSFER SYSTEMS LABOR MIGRANTS COSTS OF REMITTANCES MONETARY POLICY GLOBAL REMITTANCE REGULATORY FRAMEWORK UNEMPLOYMENT RATES REPATRIATION GROWTH OF REMITTANCES REMITTANCE TRANSFER DEVELOPMENT ASSISTANCE BIG CITIES MONEY LAUNDERING MIGRATION POLICY VALUE OF REMITTANCES REMITTANCES FLOWS INCOME REMITTANCE INFLOWS TERRORIST REMITTANCE BALANCE OF PAYMENTS COUNTRIES OF ORIGIN DEVELOPING COUNTRIES INFRASTRUCTURE DEVELOPMENT IMMIGRANTS MONEY TRANSFER ECONOMIC IMPLICATIONS DATA ON REMITTANCES REMITTANCE SERVICES DROP IN REMITTANCES DEVELOPMENT GOALS CREDIT CARD REMITTANCE FLOWS SUSTAINABLE DEVELOPMENT ANNUAL REMITTANCES NATIONAL LEVEL BALANCE OF PAYMENTS MANUAL NUMBER OF PEOPLE VULNERABILITY TRANSFER SERVICES REMITTANCE OUTFLOWS INTERNATIONAL LABOR ORGANIZATION INFORMAL CHANNELS MONEY TRANSFER OPERATORS KNOWLEDGE NATIVE WORKERS REMITTANCE RECEIPTS INTERNATIONAL MIGRATION OFFICIAL DEVELOPMENT ASSISTANCE TRAINING FORCED MIGRATION JOB OPPORTUNITIES LOW-INCOME COUNTRIES POPULATION DIVISION IMMIGRATION POLICIES ILLEGAL IMMIGRATION INTERNATIONAL REMITTANCES MIGRATION TRANSFERS NUMBER OF MIGRANTS REMITTANCE SERVICE PROVIDERS INTERNATIONAL MONEY TRANSFER OPERATORS TECHNOLOGICAL INNOVATIONS BALANCE OF PAYMENTS STATISTICS LABOR SHORTAGES SOCIAL SECURITY HUMAN TRAFFICKING TRANSFER COSTS MIGRANT DESTINATION COUNTRIES MIGRANTS TRANSACTIONS MIGRATION FLOWS UNEMPLOYMENT HOUSEHOLD LEVEL DIASPORA MIGRANT REGULATORY FRAMEWORKS TRANSPORTATION POLICIES TRANSFER SYSTEMS IMMIGRATION POLICY LOW-INCOME COUNTRY MIGRANT REMITTANCES SMALL COUNTRIES SKILL LEVEL FOREIGN DIRECT INVESTMENT MONEY TRANSFER BUSINESSES PURCHASING POWER NATIONAL AUTHORITIES INTERNATIONAL MIGRANT CAPITAL FLOWS MIGRANT WORKERS REFUGEES INTERNATIONAL BORDERS POPULATIONS FOREIGN EXCHANGE MALARIA NATIONALS POLICY REMITTANCE COSTS FINANCIAL INFRASTRUCTURE BANK ACCOUNTS INTERNATIONAL MIGRANTS INTERNATIONAL MONEY TRANSFER LOCAL COMMUNITY RECIPIENT COUNTRIES WIRE TRANSFERS MONEY TRANSFER COMPANIES BORDER TRANSACTIONS WAR IRREGULAR MIGRATION DOMESTIC REMITTANCES ASYLUM CENSUSES COUNTRY OF DEPARTURE RURAL AREAS REMITTANCE SERVICE NUMBER OF CHILDREN FINANCIAL MARKETS IMMIGRATION COMPENSATION OF EMPLOYEES RATE OF GROWTH MONEY TRANSFER SERVICES POPULATION DEVELOPMENT PLANS MONEY TRANSFER BUSINESS DEBIT CARD TRANSFER BUSINESS CIVIL WAR FOREIGN POLICY REMITTANCE CORRIDORS HOME COUNTRIES EXCHANGE RATE COUNTRY OF ORIGIN REMITTANCES RECIPIENT COUNTRY ACCOUNT HOLDERS GENDER EQUALITY SERVICE PROVIDERS |
| spellingShingle |
SANITATION MONEY TRANSFER SYSTEMS LABOR MIGRANTS COSTS OF REMITTANCES MONETARY POLICY GLOBAL REMITTANCE REGULATORY FRAMEWORK UNEMPLOYMENT RATES REPATRIATION GROWTH OF REMITTANCES REMITTANCE TRANSFER DEVELOPMENT ASSISTANCE BIG CITIES MONEY LAUNDERING MIGRATION POLICY VALUE OF REMITTANCES REMITTANCES FLOWS INCOME REMITTANCE INFLOWS TERRORIST REMITTANCE BALANCE OF PAYMENTS COUNTRIES OF ORIGIN DEVELOPING COUNTRIES INFRASTRUCTURE DEVELOPMENT IMMIGRANTS MONEY TRANSFER ECONOMIC IMPLICATIONS DATA ON REMITTANCES REMITTANCE SERVICES DROP IN REMITTANCES DEVELOPMENT GOALS CREDIT CARD REMITTANCE FLOWS SUSTAINABLE DEVELOPMENT ANNUAL REMITTANCES NATIONAL LEVEL BALANCE OF PAYMENTS MANUAL NUMBER OF PEOPLE VULNERABILITY TRANSFER SERVICES REMITTANCE OUTFLOWS INTERNATIONAL LABOR ORGANIZATION INFORMAL CHANNELS MONEY TRANSFER OPERATORS KNOWLEDGE NATIVE WORKERS REMITTANCE RECEIPTS INTERNATIONAL MIGRATION OFFICIAL DEVELOPMENT ASSISTANCE TRAINING FORCED MIGRATION JOB OPPORTUNITIES LOW-INCOME COUNTRIES POPULATION DIVISION IMMIGRATION POLICIES ILLEGAL IMMIGRATION INTERNATIONAL REMITTANCES MIGRATION TRANSFERS NUMBER OF MIGRANTS REMITTANCE SERVICE PROVIDERS INTERNATIONAL MONEY TRANSFER OPERATORS TECHNOLOGICAL INNOVATIONS BALANCE OF PAYMENTS STATISTICS LABOR SHORTAGES SOCIAL SECURITY HUMAN TRAFFICKING TRANSFER COSTS MIGRANT DESTINATION COUNTRIES MIGRANTS TRANSACTIONS MIGRATION FLOWS UNEMPLOYMENT HOUSEHOLD LEVEL DIASPORA MIGRANT REGULATORY FRAMEWORKS TRANSPORTATION POLICIES TRANSFER SYSTEMS IMMIGRATION POLICY LOW-INCOME COUNTRY MIGRANT REMITTANCES SMALL COUNTRIES SKILL LEVEL FOREIGN DIRECT INVESTMENT MONEY TRANSFER BUSINESSES PURCHASING POWER NATIONAL AUTHORITIES INTERNATIONAL MIGRANT CAPITAL FLOWS MIGRANT WORKERS REFUGEES INTERNATIONAL BORDERS POPULATIONS FOREIGN EXCHANGE MALARIA NATIONALS POLICY REMITTANCE COSTS FINANCIAL INFRASTRUCTURE BANK ACCOUNTS INTERNATIONAL MIGRANTS INTERNATIONAL MONEY TRANSFER LOCAL COMMUNITY RECIPIENT COUNTRIES WIRE TRANSFERS MONEY TRANSFER COMPANIES BORDER TRANSACTIONS WAR IRREGULAR MIGRATION DOMESTIC REMITTANCES ASYLUM CENSUSES COUNTRY OF DEPARTURE RURAL AREAS REMITTANCE SERVICE NUMBER OF CHILDREN FINANCIAL MARKETS IMMIGRATION COMPENSATION OF EMPLOYEES RATE OF GROWTH MONEY TRANSFER SERVICES POPULATION DEVELOPMENT PLANS MONEY TRANSFER BUSINESS DEBIT CARD TRANSFER BUSINESS CIVIL WAR FOREIGN POLICY REMITTANCE CORRIDORS HOME COUNTRIES EXCHANGE RATE COUNTRY OF ORIGIN REMITTANCES RECIPIENT COUNTRY ACCOUNT HOLDERS GENDER EQUALITY SERVICE PROVIDERS Ratha, Dilip K. De, Supriyo Dervisevic, Ervin Plaza, Sonia Schuettler, Kirsten Shaw, William Wyss, Hanspeter Yi, Soonhwa Yousefi, Seyed Reza Migration and Remittances : Recent Developments and Outlook |
| relation |
Migration and Development Brief;No. 24 |
| description |
Using newly available census data, the
stock of international migrants is estimated at 247 million
in 2013, significantly larger than the previous estimate of
232 million, and is expected to surpass 250 million in 2015.
Migrants’ remittances to developing countries are estimated
to have reached $436 billion in 2014, a 4.4 percent increase
over the 2013 level. All developing regions recorded
positive growth except Europe and Central Asia (ECA), where
remittance flows contracted due to the deterioration of the
Russian economy and the depreciation of the ruble. In 2015,
however, the growth of remittance flows to developing
countries is expected to moderate sharply to 0.9 percent to
$440 billion, led by a 12.7 percent decline in ECA and
slowdown in East Asia and the Pacific, Middle-East and North
Africa, and Sub-Saharan Africa. The positive impact on flows
of a robust recovery in the US will be partially offset by
continued weakness in Europe, the impact of lower oil prices
on the Russian economy, the strengthening of the US dollar,
and tighter immigration controls in many source countries
for remittances. Remittance flows are expected to recover in
2016 to reach $479 billion by 2017, in line with the more
positive global economic outlook. |
| format |
Brief |
| author |
Ratha, Dilip K. De, Supriyo Dervisevic, Ervin Plaza, Sonia Schuettler, Kirsten Shaw, William Wyss, Hanspeter Yi, Soonhwa Yousefi, Seyed Reza |
| author_facet |
Ratha, Dilip K. De, Supriyo Dervisevic, Ervin Plaza, Sonia Schuettler, Kirsten Shaw, William Wyss, Hanspeter Yi, Soonhwa Yousefi, Seyed Reza |
| author_sort |
Ratha, Dilip K. |
| title |
Migration and Remittances : Recent Developments and Outlook |
| title_short |
Migration and Remittances : Recent Developments and Outlook |
| title_full |
Migration and Remittances : Recent Developments and Outlook |
| title_fullStr |
Migration and Remittances : Recent Developments and Outlook |
| title_full_unstemmed |
Migration and Remittances : Recent Developments and Outlook |
| title_sort |
migration and remittances : recent developments and outlook |
| publishDate |
2016 |
| url |
http://documents.worldbank.org/curated/en/136611467989539595/Migration-and-remittances-recent-developments-and-outlook http://hdl.handle.net/10986/25478 |
| _version_ |
1764459813591318528 |
| spelling |
okr-10986-254782021-04-23T14:04:31Z Migration and Remittances : Recent Developments and Outlook Ratha, Dilip K. De, Supriyo Dervisevic, Ervin Plaza, Sonia Schuettler, Kirsten Shaw, William Wyss, Hanspeter Yi, Soonhwa Yousefi, Seyed Reza SANITATION MONEY TRANSFER SYSTEMS LABOR MIGRANTS COSTS OF REMITTANCES MONETARY POLICY GLOBAL REMITTANCE REGULATORY FRAMEWORK UNEMPLOYMENT RATES REPATRIATION GROWTH OF REMITTANCES REMITTANCE TRANSFER DEVELOPMENT ASSISTANCE BIG CITIES MONEY LAUNDERING MIGRATION POLICY VALUE OF REMITTANCES REMITTANCES FLOWS INCOME REMITTANCE INFLOWS TERRORIST REMITTANCE BALANCE OF PAYMENTS COUNTRIES OF ORIGIN DEVELOPING COUNTRIES INFRASTRUCTURE DEVELOPMENT IMMIGRANTS MONEY TRANSFER ECONOMIC IMPLICATIONS DATA ON REMITTANCES REMITTANCE SERVICES DROP IN REMITTANCES DEVELOPMENT GOALS CREDIT CARD REMITTANCE FLOWS SUSTAINABLE DEVELOPMENT ANNUAL REMITTANCES NATIONAL LEVEL BALANCE OF PAYMENTS MANUAL NUMBER OF PEOPLE VULNERABILITY TRANSFER SERVICES REMITTANCE OUTFLOWS INTERNATIONAL LABOR ORGANIZATION INFORMAL CHANNELS MONEY TRANSFER OPERATORS KNOWLEDGE NATIVE WORKERS REMITTANCE RECEIPTS INTERNATIONAL MIGRATION OFFICIAL DEVELOPMENT ASSISTANCE TRAINING FORCED MIGRATION JOB OPPORTUNITIES LOW-INCOME COUNTRIES POPULATION DIVISION IMMIGRATION POLICIES ILLEGAL IMMIGRATION INTERNATIONAL REMITTANCES MIGRATION TRANSFERS NUMBER OF MIGRANTS REMITTANCE SERVICE PROVIDERS INTERNATIONAL MONEY TRANSFER OPERATORS TECHNOLOGICAL INNOVATIONS BALANCE OF PAYMENTS STATISTICS LABOR SHORTAGES SOCIAL SECURITY HUMAN TRAFFICKING TRANSFER COSTS MIGRANT DESTINATION COUNTRIES MIGRANTS TRANSACTIONS MIGRATION FLOWS UNEMPLOYMENT HOUSEHOLD LEVEL DIASPORA MIGRANT REGULATORY FRAMEWORKS TRANSPORTATION POLICIES TRANSFER SYSTEMS IMMIGRATION POLICY LOW-INCOME COUNTRY MIGRANT REMITTANCES SMALL COUNTRIES SKILL LEVEL FOREIGN DIRECT INVESTMENT MONEY TRANSFER BUSINESSES PURCHASING POWER NATIONAL AUTHORITIES INTERNATIONAL MIGRANT CAPITAL FLOWS MIGRANT WORKERS REFUGEES INTERNATIONAL BORDERS POPULATIONS FOREIGN EXCHANGE MALARIA NATIONALS POLICY REMITTANCE COSTS FINANCIAL INFRASTRUCTURE BANK ACCOUNTS INTERNATIONAL MIGRANTS INTERNATIONAL MONEY TRANSFER LOCAL COMMUNITY RECIPIENT COUNTRIES WIRE TRANSFERS MONEY TRANSFER COMPANIES BORDER TRANSACTIONS WAR IRREGULAR MIGRATION DOMESTIC REMITTANCES ASYLUM CENSUSES COUNTRY OF DEPARTURE RURAL AREAS REMITTANCE SERVICE NUMBER OF CHILDREN FINANCIAL MARKETS IMMIGRATION COMPENSATION OF EMPLOYEES RATE OF GROWTH MONEY TRANSFER SERVICES POPULATION DEVELOPMENT PLANS MONEY TRANSFER BUSINESS DEBIT CARD TRANSFER BUSINESS CIVIL WAR FOREIGN POLICY REMITTANCE CORRIDORS HOME COUNTRIES EXCHANGE RATE COUNTRY OF ORIGIN REMITTANCES RECIPIENT COUNTRY ACCOUNT HOLDERS GENDER EQUALITY SERVICE PROVIDERS Using newly available census data, the stock of international migrants is estimated at 247 million in 2013, significantly larger than the previous estimate of 232 million, and is expected to surpass 250 million in 2015. Migrants’ remittances to developing countries are estimated to have reached $436 billion in 2014, a 4.4 percent increase over the 2013 level. All developing regions recorded positive growth except Europe and Central Asia (ECA), where remittance flows contracted due to the deterioration of the Russian economy and the depreciation of the ruble. In 2015, however, the growth of remittance flows to developing countries is expected to moderate sharply to 0.9 percent to $440 billion, led by a 12.7 percent decline in ECA and slowdown in East Asia and the Pacific, Middle-East and North Africa, and Sub-Saharan Africa. The positive impact on flows of a robust recovery in the US will be partially offset by continued weakness in Europe, the impact of lower oil prices on the Russian economy, the strengthening of the US dollar, and tighter immigration controls in many source countries for remittances. Remittance flows are expected to recover in 2016 to reach $479 billion by 2017, in line with the more positive global economic outlook. 2016-11-29T17:59:56Z 2016-11-29T17:59:56Z 2015-04-13 Brief http://documents.worldbank.org/curated/en/136611467989539595/Migration-and-remittances-recent-developments-and-outlook http://hdl.handle.net/10986/25478 English en_US Migration and Development Brief;No. 24 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Publications & Research Publications & Research :: Brief |