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 first quarter of 2022

In the first quarter of 2022, remittances sent abroad by foreign residents in Italy increased by 7.7 per cent compared with the same quarter of the previous year. The increase was larger in the flows towards Northern Africa and Near East (+20.7%), and towards Asia (+11.9%, table 1). Conversely, remittances towards other EU Countries decreased (-7.7%, in particular towards Romania). Based on the four quarters ending in March 2022, the three main recipient countries were Bangladesh, Pakistan, and Philippines, which absorbed respectively 12.0, 8.1, and 7.6 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)