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Note: Exchange Rate; the value of money sent by citizens working abroad to their country of origin; examples include money sent to countries from their own citizens working abroad through a financial institution or money transfer service (e.g., Western Union)

Additional Note: EMARKETER benchmarks its Global Remittance Payments Volume projections against the World Bank for which the last full year measured was 2022.

Methodology: Estimates are based on the analysis of data from other research firms and government agencies, historical trends, reported and estimated remittances.

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