Countries in APAC minus Southeast Asia with most remittances, by sending region 2021
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India, China, and Pakistan accounted for a combined 80 percent of the total inflow of remittance-receiving countries in Asia bar Southeast Asia in 2021. Remittances received by the eight 12 countries and territories in this region were worth roughly 157 billion U.S. dollars, with more than half of this money originating from the Middle East. Remittances refer to cross-border payments to family or friends and are often associated with migrant workers sending money back home to friends or relatives back in their communities of origin. It is estimated that about one in seven people worldwide are involved with remittances - substantially impacting payment behavior in, especially, Asia and Latin America. Southeast Asia's outflow largely stayed within Asia, especially within both Southeast Asia itself and South Asia - which includes India.
