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Remittances, defined as monetary transfers made by migrants to their home countries, play a crucial role in global economies and the livelihoods of individuals and families. In some countries, remittances account for more than 30% of the total economic output .
The United States accounts for the largest portion of official remittances, followed by the United Kingdom, Italy, Canada, Spain and France. On the African continent, Egypt, Equatorial Guinea, Chad, Libya, and South Africa are important source countries of remittance flows to Nigeria, while China is the biggest remittance-sending country in Asia.
This is a list of Asian countries and dependencies by population in Asia, total projected population from the United Nations [1] and the latest official figure. Map [ edit ]
[citation needed] Annual remittances transferred to Bangladesh were almost $23 billion in 2023, the seventh highest in the world [40] and the third highest in South Asia. [41] The largest Bangladeshi diaspora population is in Saudi Arabia.
This is the list of countries and other inhabited territories of the world by total population, based on estimates published by the United Nations in the 2024 revision of World Population Prospects. It presents population estimates from 1950 to the present.
Remittances to India are money transfers (called remittance) from non-resident Indians (NRIs) employed outside the country to family, friends or relatives residing in India. India is the world's top receiver of remittances, claiming more than 12% of the world's remittances in 2015.
Both Saudi Arabia and the UAE are among the top ten countries accommodating the largest migrant populations in the world, occupying fourth and fifth place respectively. [6] In Bahrain, Oman, Qatar and the UAE, the majority of the population comprises foreign laborers and in the latter two countries this number is as high as 80%. [6]
Population exchange is the transfer of two populations in opposite directions at about the same time. In theory at least, the exchange is non-forcible, but the reality of the effects of these exchanges has always been unequal, and at least one half of the so-called "exchange" has usually been forced by the stronger or richer participant.