UN Report 2022: India, China biggest recipients of inward remittances

Source- World Migration Report 2022.

“Since 2000, International Organisation of Migration (IOM) has been producing its flagship world migration reports every two years. The World Migration Report 2022, the eleventh in the world migration report series, has been produced to contribute to increased understanding of migration and mobility throughout the world. This new edition presents key data and information on migration as well as thematic chapters on highly topical migration issues, and is structured to focus on two key contributions for readers: key information on migration and migrants (including migration-related statistics); and balanced, evidence-based analysis of complex and emerging migration issues.”

Some takeaway’s from the The World Migration Report 2022:

  • The current global estimate is that there were around 281 million international migrants in the world in 2020, which equates to 3.6 per cent of the global population.
  • Available data reflect an overall increase in remittances in recent decades, from $ 126 billion in 2000 to $ 702 billion in 2020.
  • In 2020, India, China, Mexico, the Philippines and Egypt were (in descending order) the top five remittance recipient countries, although India and China were well above the rest, with total inward remittances exceeding $83 billion and $59 billion, respectively.
  • High-income countries are almost always the main source of remittances. For decades, the United States has consistently been the top remittance-sending country, with a total outflow of $68 billion in 2020, followed by the United Arab Emirates ($43.2 billion), Saudi Arabia ($34.6 billion), Switzerland ($27.96 billion), and Germany ($22 billion).
  • Europe and Asia each hosted 86 and 87 million migrants, respectively – comprising 61 % of the global international migration stock.

Full Report

The World Migration Report 2022 interactive page is available here.

By SAT News Desk

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