Foreign workers' remittances

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The data on foreign workers' remittances report the transfers of money sent abroad by immigrants settled in Italy 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

Foreign workers' remittances in the second quarter of 2021

In the second quarter of 2021, remittances sent abroad by foreign workers in Italy increased by 25.9 per cent compared with the same quarter of the previous year (by 29.0 per cent compared with the second quarter of 2019). The increase was larger in the flows towards Asia (+47.0%), Northern Africa and Near East (+43.6%), and Central and Southern America (+39.7%, tab. 1). Based on the four quarters ending in June, the three main recipient countries were Bangladesh, Romania, and Philippines, which absorbed respectively 10.6, 8.1, and 7.3 per cent of total outgoing flows (tab. 2).

 Table 1: Foreign workers' remittances

(millions of euros, percentage changes, percentage points)

 

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

(Four-quarter averages; percentage shares)