Foreign workers' remittances

Vai alla versione italiana Site Search

The data on foreign workers' remittances report the transfers of money sent abroad by foreign workers by means of payment institutions or other authorized intermediaries without using bank accounts (settlement in cash).

Published data are updated quarterly; since 2016 data are available on a quarterly basis with the breakdown by receiving foreign country; on an annual basis they are available with the additional detail of the Italian province where the sender is located.

Data

Outgoing workers' remittances in the second quarter of 2023

In the second quarter of this year, remittances sent abroad from Italy decreased by 1.6 per cent, compared with the same period of 2022 (Table 1). The fall was driven by the flows towards Asia (excluding Near East), Sub-Saharan African countries and EU countries. However, remittances to the rest of the world increased. Based on the four quarters ending in June 2023, the three main recipient countries were again Bangladesh, Pakistan, and Philippines, which absorbed respectively 14.5, 8.4, and 7.7 per cent of total outgoing flows (Table 2).

Table 1: Italy's remittance outflows

(Millions of euros, percentage changes, percentage points)

Table 1

Table 2: Shares of the ten largest recipients of Italy's outgoing remittances

(Four-quarter averages; percentage shares)

Table 2