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Welcome
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This blog is hosted by Dilip Ratha, lead economist at the World Bank. Its goal is to leverage migration and remittances for development.
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Migration at a glance
Recent blog posts
Recent comments
- When the economic slowdown in
02/22/12 - 10:25 - Although article has analyzed
02/16/12 - 09:42 - Excellent piece of information
01/21/12 - 04:46 - The take up will remain low.
12/19/11 - 07:37 - Impacts of remittances of migrants
12/04/11 - 04:36
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"Migrants need to be welcomed back"
Multimedia
- New* Video: Migration, Remittances, and Development
- New* Webinar: Migration & Remittance Trends 2010
- Podcast (mp3): Dune Bashing and Remittances
- Podcast (mp3): Remittances Part 1
- Podcast (mp3): Remittances Part 2
Dear El Joma, 11.6% was
Dear El Joma,
11.6% was obtained by dividing remittance inflows to the Philippines (16.29bn for 2007) by its GDP (which was 140.21 bn for 2007). Please note that these are estimates from March 2009.
We have published slightly revised estimates for July 2009 at, according to which, remittances(16.30bn in 2007) were 11.3% of the GDP of Philippines (144.10 bn in 2007).
The official GDP numbers for 2008 are released only in 2010, which is why we present numbers for 2007.
Ani.