Remittances in Egypt increased to 8774.10 USD Million in the fourth quarter of 2024 from 8325.90 USD Million in the third quarter of 2024. This dataset provides - Egypt Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Remittances in Indonesia increased to 4138.66 USD Million in the first quarter of 2025 from 4075.27 USD Million in the fourth quarter of 2024. This dataset provides the latest reported value for - Indonesia Remittances - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Remittances in Israel increased to 1344 USD Million in the first quarter of 2025 from 1327.60 USD Million in the fourth quarter of 2024. This dataset provides - Israel Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Remittances sent to Africa went largely towards Egypt, Nigeria, and Morocco in 2021, with each country receiving at least 10 billion billions worth of dollars. This is according to a database that tries to model money sent internationally from one party to another. Remittances typically refer to money sent from migrant workers back home to family and friends, although there are other forms of this. Remittances can, for example, include pensioners who have a second home in a foreign country. Nevertheless, Asia Pacific - not Africa - is often referred to as the main receiver of remittances.

This data consists of remittance, FDI, economic globalization, and financial development dynamics between two region groups, namely: a high remittance and FDI receiving region (European and Central Asian region) and low remittance and FDI receiving region (Sub-Saharan African region) for the period of 1984-2016. These two regions include 44 countries, where 15 highly remittances and FDI receiving developing countries, and 29 less globalized developing countries.

This study requires data on economic globalization and institutions. We have taken data from Gygli, et al. (2019), which is a newly, published KOF economic globalization index dataset in the International monetary fund. This index includes Trade Globalization and Financial Globalization. Trade-in goods, trade regulations, and trade in services, trade taxes, trade partner diversity, tariffs, and trade agreements are included under Trade Globalization. On the other hand, financial globalization is a combination of investment restrictions, portfolio investment, capital account openness, international debt, international Investment Agreements, international reserves, and international income payments. Institutional quality index datasets provided by the International Country Risk Guide (ICRG), which allowed us to test the hypothesis. A total of three control variables that are added to the main model have been proposed in this study, they are as follows, Real GDP per capita, Consumer price index (Inflation), and Gross fixed capital formation. All data are collected from the World Development Indicators and the International Monetary Fund.

Variables Definition Units Source

FD Financial development index Index value International monetary fund

FI Financial institution index Index value International monetary fund

FM Financial market index Index value International monetary fund

REM Personal remittances received (% of GDP) Percentage of GDP World Development Indicators

FDI Foreign direct investment, net inflows (% of GDP) Percentage of GDP World Development Indicators

EGLOB KOF Economic Globalization index Index value International monetary fund (Gygli, Savina, Florian Haelg, Niklas Potrafke and Jan-Egbert Sturm, 2019)

INSQ An institutional quality index(combining all Index value International Country Risk Guide

the variables like Government Stability,

Socioeconomic Conditions, Investment Profile,

Internal Conflict, External Conflict, Corruption,

Military in Politics, Religious Tensions, Law and Order,

Ethnic Tensions, Democratic Accountability,

Bureaucracy Quality and make one index

term by PCA)

GDP GDP per capita Per capita as per constant 2010 US$ World Development Indicators

INF Inflation(GDP deflator) Annual percentage World Development Indicators

GFCF Gross fixed capital formation Percentage of GDP International monetary fund

Explore global financial development data including remittance inflows, bank assets, loans, insurance premiums, stock market indicators, and more. Analyze trends in India, Qatar, Saudi Arabia, and other countries with the World Bank dataset.

Remittance inflows to GDP, Foreign bank assets, Global leasing volume, Private debt securities, Bank Z-score, Loans requiring collateral, Stock price volatility, Bank cost to income ratio

Bahrain, China, India, Kuwait, Oman, Qatar, Saudi Arabia

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Effects of remittance and migration on human development (FE).

This study investigates the well-being effect of international migration and remittance on human and gender development in selected South Asian countries. The study has adopted panel regression analysis using secondary data from the World Development Indicators and United Nations Development Programme. This database contains information on seven South Asian countries from 1995 to 2020. The study simultaneously applied the Levin-Lin-Chu, Breitung and IM-Pesaran unit root tests to check the stationarity of data. After satisfying the condition, econometric models such as Fixed and Random Effects were executed. Pesaran’s test of cross-sectional independence, the Westerlund test for cointegration and VIF tests were performed in order to check the robustness of the results. As a post-diagnostic tool, the Hausman test suggests that the Fixed Effect models are appropriate for each estimation. The results demonstrate that personal remittance positively and significantly affects human and gender development. Similarly, international migration significantly influences human development while negatively affecting gender development. The study suggests that these countries should prioritize attaining higher remittances by sending more international migrants. Similarly, the provision of cheaper formal channels for remitting money and giving incentives can be effective for higher remittance inflow. Moreover, negotiation at the government-to-government level can effectively expand the international labour market of the selected countries.

Remittances in Turkey increased to 7 USD Million in April from 5 USD Million in March of 2025. This dataset provides - Turkey Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Remittances in Bangladesh increased to 2969.57 USD Million in May from 2752.33 USD Million in April of 2025. This dataset provides the latest reported value for - Bangladesh Remittances - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Remittances in Kuwait increased to 1164.20 KWD Million in the fourth quarter of 2024 from 1105.10 KWD Million in the third quarter of 2024. This dataset provides - Kuwait Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news.