Displaced by war or seeking better lives for themselves and their families, people around the globe are on the move and, in many cases, so is their money.
International remittances sent home by migrants continue to rise and were up more than 650% between 2000 to 2022 – from US$128 billion to US$831 billion. That’s according to a report from the U.N.’s International Organization for Migration highlighting how international migration remains a driver of human development and economic growth.