Family Remittances 2022 in Numbers

April 13, 2023

In this presentation, we address the following topics:

  • Annual trends: 14 percent increase to US$150 billion
  • Some considerations about flows and factors
  • Continued increase associated to large migration patterns in 2022, mostly from politically conflictive countries
  • US outbound remittance flows

Trends since 2020:

  • 80 percent of flows
  • Transactions and the digital landscape: 30 percent digital/online

Things to consider for 2023:

  • Continued migration but in smaller scale than 2022
  • Continued migration but in smaller scale than 2022
  • The drivers of migration will remain as in 2022
  • Growth in remittances will be smaller than in 2022
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