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Updates to monthly remittances data

Ani Silwal's picture

Updates to monthly remittances data

  • Remittances to Guatemala declined 10.9% y-o-y in October. Year-to-date decline is 9.9%.
  • Remittances to El Salvador declined 7.1% y-o-y in October. Year-to-date decline is 10%.
  • Remittances to Jamaica declined 17.3% y-o-y in September. Year-to-date decline is 15.5%.
  • Remittances to Nicaragua declined 8.4% y-o-y in September. Year-to-date decline is 6.3%.
  • Remittances to Pakistan grew 62.7% y-o-y in October. Year-to-date growth is 26.7%.
  • Remittances to Nepal grew 2% y-o-y in September. Year-to-date growth is 14.2%.
  • Remittances to the Philippines grew 8.6% y-o-y in September. Year-to-date growth is 4.2%.



 

Remittances to Latin America and Caribbean are falling:


 

 Whereas, remittances to South Asia are growing:

An interesting trend is that flows from GCC to the Philippines are easing:


 

Comments

Submitted by Fosek on
This info. is very useful, but could we have the figures for West Africa as well please, in particular Ghana and Nigeria? Thanks.

Submitted by CML on
Dilip, my first thought on seeing the news from Dubai the other day was to check your blog in case you were having a quick look at the crystal ball to take the measure of how the debt standstill will affect the huge numbers of migrant workers there ... and migrant workers across the world if contagion brings on a second meltdown in global financial markets.

Submitted by Anonymous on
See blog post "Dubious Dubai" - http://blogs.worldbank.org/peoplemove/dubious-dubai

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