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IDFR Supporters
Universally adopted by UNGA in 2018
50+ UN agencies, national development agencies and international organizations/networks.
8,000 banks
1,000+ mobile network operators
100 payment companies
90+ money transfer operator
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IDFR2025 Campaign Video, SUB:
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Alvaro Lario, President of IFAD (video message 2025), SUB:
billion people
1
are involved as remittances senders or receivers
US$ billion
310
remittances sent to low and middle income countries in 2024
 
4 %
Estimated remittances sent worldwide through digital channels.
million
18
Number of women living and working outside their country of origin from less developed regions.
countries
20 +
Number of countries in the world which rely on remittances for more than 3 per cent of their GDP.
 
3 %
Estimated share of remittances spent for immediate needs by receiving families in 2021.
 
3 %
Remittances saved or invested by remittance-receiving families in LMICs.
 
0 %
the global average percentage for sending USD 200.

Remittances and the Sustainable Development Goals

At the household level: by recognizing the positive socioeconomic impact of remittances on families’ wellbeing (SDGs 1, 2, 3, 4 and 5).

At the community level: by supporting policies and specific actions to promote synergies between remittances and financial inclusion, encourage market competition and regulatory reforms, and mitigate any negative impact resulting from climate change (SDGs 6, 7, 8, 10, 12 and 13).

At the international level: by ensuring that the revitalized Global Partnership for Sustainable Development – as outlined in SDG 17 – and the GCM promote collaboration across all sectors involved in remittances.

Report on Remittances and SDGs:
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2017

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2018

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2020

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2021

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2022

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2023

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2024