10 developing countries most dependent on remittances

The lasting impact of remittances, or money that migrant workers send to family members and other individuals in their home countries, is a complicated topic. Remittances are often one of the most substantial sources of financial flows to developing countries, rivaling international aid, but whether they further actual economic growth is debated among experts.

We do see remittances having short-term impact on developing economies, however — and while larger countries receive more remittances, smaller countries are often more dependent.

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