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December 1, 2021
Remittance Inflow Worldwide, 2019-2023 (billions and % change)
Description
II-brandedNote
Remittances are defined as the value of money sent home by citizens working abroad to their country of origin. Examples include a citizen of Mexico working in the US and sending money back to Mexico through a financial institution or money transfer service, such as Western Union.Methodology
Estimates are based on the analysis of data from other research firms and government agencies, historical trends, reported and estimated remittancesFeatured In
Payment Channels and Transaction TypesWestern Union taps Marqeta to power card business as it moves into banking servicesGlobal Remittances Forecast 2022WorldRemit parent company shelves IPO to focus on profitabilityWestern Union lays out ambitious growth plans following weak Q2Mastercard and Paysend solidify money transfer relationship to tap digitization demandWise expands beyond money transfers with savings accountSources
Chart Title
Remittance Inflow Worldwide, 2019-2023 (billions and % change)Publication Date
December 1, 2021