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Data on Immigrant Remittances

Most readers no doubt know that immigrants in the United States send monies to their native lands.  But did you know that in six countries — Moldova, Tonga, Guyana, Haiti, Lebanon, and Tajikistan — remittances were equal to more than 20 percent of those countries’ gross domestic product (GDP) in 2006?  If not, check out the latest report of the Migration Policy Institute (MPI).  Remittances totaled over US$280 billion worldwide in 2006. The MPI’s brand-new Global Remittances Guide allows you to learn quickly and easily about remittance trends over time and patterns in the world, six regions, and in the top remittances-receiving countries in terms of volume and share of GDP.

KJ