Remittance flow value worldwide 2014-2022, with forecasts for 2023 and 2024
Remittance are forecast to grow in the years following 2022 but at a a slower pace than before. In 2022, the value of remittances worldwide amounted to an estimated 830 billion U.S. dollars. This is expected to reach 858 billion U.S. dollars by 2024. Remittances grew especially during the coronavirus pandemic, when the year-on-year percenage change went up by more than 10 percent between 2020 and 2021.