Updates to monthly remittances data: July 2010

Remittances to Latin America and the Caribbean have begun to grow:

Growth of remittances to South Asia appears to be picking up, other than in Bangladesh:

Country-level trends in remittance flows:

• Remittances to Bangladesh increased 0.9% y-o-y in May. Year-to-date increase is 7%.
• Remittances to Colombia declined -3.2% y-o-y in May. Year-to-date decline is -12.8%.
• Remittances to Dominican Rep. increased 4.5% y-o-y in March. Year-to-date increase is 5.5%.
• Remittances to El Salvador increased 1.8% y-o-y in June. Year-to-date increase is 2.5%.
• Remittances to Guatemala increased 13.1% y-o-y in June. Year-to-date increase is 2.5%.
• Remittances to Honduras increased 6.4% y-o-y in June. Year-to-date increase is 1.9%.
• Remittances to Jamaica increased 7.1% y-o-y in May. Year-to-date increase is 6.3%.
• Remittances to Mexico increased 12% y-o-y in May. Year-to-date decline is -4.6%.
• Remittances to Morocco declined -0.2% y-o-y in May. Year-to-date increase is 12.8%.
• Remittances to Nepal increased 21.5% y-o-y in May. Year-to-date increase is 19.9%.
• Remittances to Nicaragua increased 5.4% y-o-y in May. Year-to-date increase is 3.3%.
• Remittances to Pakistan increased 14.5% y-o-y in June. Year-to-date increase is 4.9%.
• Remittances to Philippines increased 6.5% y-o-y in May. Year-to-date increase is 6.6%.

 For more information, visit the Remittance Data Watch page.