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Workers' Remittances, Received (USD) fell 2.16% to USD 549 mil in Mongolia in 2020

Workers' Remittances, Received (USD) (USD mil), 2020
Economy | Mongolia | February 1, 2023
$2.99
Excel Sheet

Workers' remittances received fell 2.16% to USD 549 mil in Mongolia in 2020, according to the National Statistical Office.

Historically, workers' remittances received in Mongolia reached an all time high of USD 561 mil in 2019 and an all time low of USD 1.10 mil in 2000. When compared to Mongolia's main peers, workers' remittances received in China amounted to USD 18,876 mil, USD 374 mil in Kazakhstan, USD 2,423 mil in Kyrgyzstan and USD 9,915 mil in Russia in 2020.

Mongolia has been ranked 99th within the group of 162 countries we follow in terms of workers' remittances received, 10 places above the position seen 10 years ago.

Workers' Remittances, Received (USD) Unit 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021
China USD mil 33,105 26,883 28,676 24,306 18,294
Germany USD mil 15,578 15,198 15,688 18,903 18,730
India USD mil 68,910 62,744 68,967 78,790 83,332
Japan USD mil 3,325 3,830 4,443 4,369 4,389
Kazakhstan USD mil 294 384 560 618 506
Kyrgyzstan USD mil 1,688 1,995 2,486 2,689 2,411
Mongolia USD mil 261 260 273 441 561 ...
Russia USD mil 6,903 6,689 8,235 9,287 10,432
Tajikistan USD mil ... 2,259 1,867 2,237 2,183 2,322
USA USD mil 6,578 6,330 6,347 6,941 7,049
Uzbekistan USD mil ... ... ... ... 4,843 5,795 7,130 7,610 8,546