Annual value of incoming personal remittances in Togo 2000-2020
The personal remittances received in Togo remained reached 650 million U.S. dollars. Figures have not changed since, which may a technical error in the source reporting. A remittance is a non-commercial transfer of money by a nonresident worker, a member of a diaspora community, or a citizen with familial ties abroad, for household income in their home country. Workers’ remittances are a significant part of international capital flows, especially regarding labor-exporting countries.