Remittances

Many Algerian migrants send remittances to their families.

Honduras's economy depends heavily on US trade and remittances.

Nepal is heavily dependent on remittances, which amount to as much as 30% of GDP.

Remittances from about 300,000 Comorans contribute about 25% of the country's GDP.

Tourism is the second-largest source of hard currency earnings following remittances.

The Haitian diaspora sent about $3.3 billion in remittances to Haiti in 2019, according to World Bank estimates.

The economy of Bangladesh is primarily driven by agriculture, garment manufacturing, and remittances.

The report says that in the last decade, remittances have outstripped inflows of foreign direct investment to the least developed countries (LDCs).