Data insights
Economic, investment and financial data provide vital measurements of economies' health, overall development and capacity for growth. This collection of thematic insights explores critical dimensions of national accounts, economic potential and price signals.
Top 5 receiving economies of 2024, billions of dollars
In 2024, the top five recipient developing economies for remittances inflows were India ($137.7 billion), followed by Mexico ($67.6 billion), Philippines ($40.3 billion), Pakistan ($34.9 billion) and China ($31.4 billion).
Personal remittances comply with the guidelines of the Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6) (IMF 2009, Appendix 5). They are the sum of two items: (1.) compensation of employees, defined as the income of workers employed in an economy where they are not resident and of residents employed by non-resident employers; (2.) personal transfers, defined as current transfers in kind or in cash, between resident and non-resident households (ibid., A5.5-7).
The main source of personal remittances data is World Bank. In cases of missing data, data from IMF or EIU have been imputed.
Full metadata are available in our Data Centre for Personal remittances: receipts and payments.
