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 |