Migrants significantly contribute to economic growth

Migrants contribute to economis growth in both their countries of origin and their countries of destination.

Many migrants send money, known as remittance, back to their home country. In 2015 alone, migrants sent $432 billion back to developing countries.

This is triple the amount of money sent globally as development aid.

This flow of money from megrants represents not only a source of foreign exchange for developing countries but crucially a reliable source of income for millions of families.

When the global financial crisis hit in 2008, direct foreign investments in developing countries plunged 89% while remittances only dipped 5%.  Migrant adds significantly to the economics of their host countries, contributing more in taxes and social contributions than they receive in individual benefits.

remittances_updated_30-09_final_version_copy

global_numbers_refugeesmigrants

top_10_refugee_hosting_countries_infographic_06-09_copy

deaths_of_migrants_copy


Related Articles

Planning from the future : Is the Humanitarian System Fit for Purpose?

02/01/2017. Is the Humanitarian System Fit for Purpose?

Staffan de Mistura Special Envoy for Syria and Jan Egeland UN Senior Advisor Stakeout after the HTF Meeting

04/24/2017. We had the HTF (the Humanitarian Task Force) a moment ago and frankly one of the main issues which was raised was this horrific attack on the 15th of April

How to better fight human trafficking: The Order of Malta organizes conference with international experts to forge new synergies

10/09/2019. The Order of Malta organizes conference with international experts to forge new synergies