Current Table

TOP TEN COUNTRIES, BY REMITTANCES SENT OVERSEAS, 2009-2010 (1)

($ millions)

Rank Remittance outflows 2009 2010 Percent change
1 United States $51,639 $51,597 -0.1%
2 Saudi Arabia 26,470 27,069 2.3
3 Switzerland 19,562 21,668 9.0
4 Russian Federation 18,779 18,796 0.1
5 Germany 15,951 15,908 -0.3
6 Netherlands 14,226 12,923 -9.2
7 Spain 12,743 12,227 -4.1
8 Italy 12,868 12,201 -5.2
9 Kuwait 11,749 11,770 0.2
10 Korea, Rep. 8,648 11,385 31.6
  Total $305,641 $304,210 -0.5%

(1) World Bank staff estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2011.

Source: World Bank.

 
Top Ten States By Remittances To Latin America, 2006 And 2008
    Total amount
($ millions)
   
Rank State 2006 2008 Percent change 2006-2008 Percent that send money regularly
1 California $13,191 $14,599 10.7% 52%
2 Texas 5,222 4,299 -17.7 30
3 New York  3,714 3,933 5.9 53
4 Florida 3,083 3,071 -0.4 48
5 Illinois 2,583 2,813 8.9 58
6 New Jersey 1,869 1,943 4.0 56
7 Georgia  1,736 1,443 -16.9 53
8 Arizona 1,378 1,357 -1.5 39
9 North Carolina 1,221 1,243 1.8 59
10 Virginia 1,110 1,023 -7.8 59
  Total 50 states and D.C. $45,276 $45,932 1.4% 50%
Source: Inter-American Development Bank/MIF.
 
TOP TEN COUNTRIES, BY REMITTANCES SENT OVERSEAS, 2008-2009

($ millions)

Rank Remittance outflows 2008 2009 (1) Percent change
1 United States $48,829 $48,308 -1.1%
2 Saudi Arabia 21,696 25,969 19.7
3 Switzerland 18,982 19,562 3.1
4 Russian Federation 26,145 18,613 -28.8
5 Germany 14,951 15,924 6.5
6 Italy 12,716 12,986 2.1
7 Spain 14,755 12,646 -14.3
8 Luxembourg 10,832 10,556 -2.5
9 Kuwait 10,323 9,912 -4.0
10 Netherlands 8,280 8,142 -1.7
  Total $187,510 $182,619 -2.6%

(1) Estimates based on the International Monetary Fund's Balance of Payments Statistics Yearbook 2008.

Source: World Bank.