UAE: remittances outward/inward, by country

Nearly half of the remittances that left the United Arab Emirates in 2021 went towards India, according to a ranking that maps the flow of such money transfers. 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. The UAE stands out in this reporting as it one of the few countries that did not have a registered inflow of remittances. The source does not clarify why this is the case - it does not state whether there is a lack of data on this, or incoming remittances were simply too small. The top five recipient countries for remittances from the UAE in 2021 included India, Egypt, Pakistan, Bangladesh, and the Philippines.

Value of remittances sent from/to the United Arab Emirates (UAE) to/from other countries or territories worldwide in 2021 (in million U.S. dollars)

Destination territory/territory of origin	Remittances sent from the UAE	Remittances received in the UAE	Net balance in the UAE (remittances received minus remittances sent)
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Release date

December 2022

More information

Region

United Arab Emirates

Survey time period

December 2022

Special properties

Remittance figures have a publication delay. Numbers cover 2021, but were reported in late 2022; All numbers are in current (nominal) U.S. dollars; See the "Details" tab for more information on the source methdology

Supplementary notes

The source adds the following information:

No numbers are available for Venezuela;
Due to political and economic situations, the flows between certain countries was considered to be 0 (zero). These countries included: India and Pakistan (and vice versa), Lebanon and Israel (and vice versa), and Azerbaijan and Armenia (and vice versa);
The source emphasizes several times that the numbers provided are estimates, as the data suffers from several issues. These relate to, for example, the frequency of migrant data updating per country, the lack of data on informal money transfers or the possibility of retirees moving abroad but then withdrawing savings from their country of origin.

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