Foreign workers' remittances

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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.


Outgoing workers' remittances in the first quarter of 2024

In the first quarter of 2024, remittances sent abroad from Italy remained almost unchanged compared with the same period of 2023 (-0.1 per cent; Table 1). The decrease of flows towards Sub-Saharan African countries, EU countries and Asia (excluding Near East) was offset by the increase in remittances to the other areas of the world, particularly Central and Southern American countries.

Based on the four quarters ending in March 2024, the three main recipient countries were again Bangladesh, Pakistan, and Philippines, which absorbed respectively 14.4, 8.2, and 7.3 per cent of total outgoing flows (Table 2).

Table 1: Foreign workers' remittances

(millions of euros, percentage changes, percentage points)

Table 1

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

(percentage shares)

Table 2