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Remittances Nearly Doubled in a Decade to Reach US$729 Billion in 2025, New IFAD Report Finds

Summary by TOP AFRICA NEWS
220 million people support 1.1 billion relatives with remittances, connecting one in six people worldwide. Rome, 14 September 2026 – Remittance inflows to low- and middle-income countries reached US$728.6 billion in 2025—more than four times global official development assistance that year and greater than foreign direct investment to those countries, according to a new report launched today by the International
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ROME – Remittance inflows to low- and middle-income countries reached $728.6 billion last year, an increase of 94% compared to 2016, revealed a report released on Monday 14 by the International Fund for Agricultural Development (Fida). The figure is more than four times [...]

Approximately 729 billion dollars, almost double the amount compared to ten years ago, were sent back to their homelands by migrant workers and diaspora communities in 2025 to ... More

Approximately $729 billion was sent back home by migrant workers and diaspora communities in 2025 to support their families.

In 2025, migrants sent $729 billion home, almost double the amount 10 years ago, supporting 1.1 billion people, according to IFAD. These remittances remain a resilient source of income.

These funds, sent by some 220 million people in 2025, helped to support some 1.1 billion more, says the International Fund for Agricultural Development, a United Nations agency, in a report published on Monday, 14 September.

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TOP AFRICA NEWS broke the news on Monday, September 14, 2026.
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