The money that migrants send home is very important
not only to their families but also to their country's balance of payments.
For many countries remittances represent a significant
proportion of their Gross Domestic Product (GDP),
though the country with the highest remittances per capita is Jamaica.
The following table is derived from IMF
statistics.
Table 5. Developing country remittance receivers,
2001
2001 $m
% GDP
per capita
1
Mexico
9,920
2%
100
2
India *
9,119
2%
9
3
Philippines
6,325
8%
84
4
Morocco
3,234
10%
108
5
Egypt
2,876
3%
42
6
Turkey
2,786
1%
42
7
Bangladesh
2,100
4%
15
8
Dominican Republic
1,960
10%
233
9
El Salvador
1,899
14%
301
10
Jordan
1,818
22%
371
11
Colombia
1,576
2%
37
12
Pakistan
1,458
2%
10
13
Ecuador
1,414
10%
112
14
Yemen.
1,277
15%
70
15
Thailand
1,252
1%
20
16
Sri Lanka
1,122
7%
59
17
Brazil
1,105
0%
6
18
Indonesia
1,046
1%
5
19
Tunisia
906
5%
95
20
Jamaica
868
12%
334
21
Poland
867
1%
22
22
Sudan
737
6%
24
23
Peru
716
1%
28
24
Albania
699
18%
225
25
Croatia
662
3%
141
26
Guatemala
601
3%
53
27
Honduras
540
9%
84
28
Nicaragua
336
14%
66
29
Korea
316
0%
7
30
China
273
0%
0
31
Paraguay
252
3%
46
32
Moldova
184
14%
43
33
Lesotho
184
20%
92
34
Slovenia
172
1%
86
35
Latvia
153
2%
64
36
Russia
130
0%
1
37
Nepal
123
2%
5
38
Romania
111
0%
5
39
Myanmar
105
2
40
Bolivia
99
1%
12
41
Armenia
76
4%
20
42
Uganda
74
1%
3
43
Ukraine
56
0%
1
44
Macedonia FYR
52
1%
26
45
Lithuania
50
0%
14
46
Costa Rica
49
0%
12
47
Bulgaria
44
0%
6
48
Hungary
40
0%
4
49
Swaziland
38
3%
42
50
Mongolia
21
2%
8
51
Belarus
16
0%
2
52
Kyrgyz Republic
10
1%
2
53
Estonia
7
0%
5
54
Ethiopia
4
0%
0
55
Panama
3
0%
1
56
Vanuatu
3
2%
15
57
Lao People's Dem. Rep
1
0%
0
Source: IMF Balance of Payments Statistics (2002) and UNDP
Human Development Report (2002).*For India the data are for 2000