FinObservatory

Remittances

Myanmar

Personal remittance receipts of $2.55B in 2019, 3.40% of GDP, from 33 annual observations starting in 1987. The series carries no observation for Myanmar after 2019, while 160 countries report through 2024, so this country is absent from the 2024 ranking.

Received, 2019
$2.55B
Share of GDP, 2019
3.40%
No 2024 observation
n/a
Net, 2019
$2.37B
Years of receipts
33

Received and paid, US$ billion

0.01.02.03.0199020002010ReceivedPaid

Source: World Bank WDI: personal remittances received (BX.TRF.PWKR.CD.DT), paid (BM.TRF.PWKR.CD.DT), current US$ Gross flows in current US dollars. A gap in a line is a year with no observation, not a zero. Methodology

Receipts as a share of GDP

The highest reading in the series is 3.94% in 2018.

0.0%1.0%2.0%3.0%4.0%199020002010% of GDP

Source: World Bank WDI: personal remittances received (BX.TRF.PWKR.CD.DT), paid (BM.TRF.PWKR.CD.DT), current US$ | World Bank WDI: GDP, current US$ (NY.GDP.MKTP.CD) Both series are current US dollars from the same WDI vintage; the share moves with the dollar GDP denominator as well as with the inflow. Methodology

Where the money is modelled to come from, 2021

The corridor matrix is a model, not a measurement

The 10,229 corridors in this matrix (212 sending economies, 175 receiving) are not observed payments. The World Bank builds it by allocating each country’s total recorded receipts across origins using bilateral migrant stocks and origin-destination incomes. A corridor value is therefore an estimate produced by that allocation rule. The matrix exists for one year, 2021, and no other.

The matrix routes $2.00B into Myanmar for 2021, from 51 origin countries. The five largest account for 94.4% of that total.

OriginModelled valueShare of modelled total
Thailand$974.7M48.7%
Bangladesh$398.2M19.9%
Malaysia$206.6M10.3%
Saudi Arabia$184.6M9.2%
United States$124.5M6.2%
Australia$29.5M1.5%
India$25.2M1.3%
South Korea$18.5M0.9%
United Kingdom$10.1M0.5%
Canada$6.3M0.3%

Source: World Bank / KNOMAD Bilateral Remittance Matrix | World Bank WDI: personal remittances received (BX.TRF.PWKR.CD.DT), paid (BM.TRF.PWKR.CD.DT), current US$ Every row is an allocation from migrant-stock and income data, not an observed payment. Methodology

Modelled outward corridors, 2021

The same matrix sends $263.3M out of Myanmar across 4 corridors. These are modelled allocations too.

DestinationModelled value
China$147.6M
India$102.2M
Pakistan$11.2M
Bangladesh$2.4M

Source: World Bank / KNOMAD Bilateral Remittance Matrix Methodology

This page exists because Myanmar has 33 annual receipt observations, at or above the 10-year minimum. Methodology | All receivers