PRESS RELEASEJUNE 26, 2024 Remittances Slowed in 2023, Expected to Grow Faster in 2024 This page in:English Español Français العربية Русский 中文

https://www.worldbank.org/en/news/press-release/2024/06/26/remittances-slowed-in-2023-expected-to-grow-faster-in-2024 WASHINGTON, June 26, 2024—After a period of strong growth during 2021-2022, officially recorded remittance flows to low- and middle-income countries (LMICs) moderated in 2023, reaching an estimated $656 billion, according to the World Bank’s latest Migration and Development Brief, released today.