Value of remittances received Mongolia 2012-2021
The personal remittances received in Mongolia decreased by 77.7 million U.S. dollars (-14.16 percent) in 2021 in comparison to the previous year. In total, the personal remittances received declined to 471.16 million U.S. dollars in 2021.
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.
Find more statistics on other topics about Mongolia with key insights such as charges for the use of intellectual property, net trade in goods and services, and gross capital formation.
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.
Find more statistics on other topics about Mongolia with key insights such as charges for the use of intellectual property, net trade in goods and services, and gross capital formation.
