Sentence examples for remittance total from inspiring English sources

(Estimates put the annual remittance total for all of Africa at close to $40 billion).

(Estimates put the annual remittance total for all of Africa at close to $40 billion). Beam accepts bitcoin from the sender and delivers Ghanaian cedis to the recipient for a lower-than-average 3percentt fee.

Remittances total $205bn, private savings $6tn and insurance premiums $1tn.

The World Bank estimates that migrants from developing countries sent home remittances totalling $316 billion in 2009.

The World Bank estimates that last year migrant remittances totalled the equivalent of 31% of Kyrgyzstan's gross domestic product (GDP).

The cost of sending money homeSOME 192m migrants 3% of the world population—sent remittances totalling $316 billion to developing countries last year, according to the World Bank.

This represents a potential loss of about US$29.8 billion (estimated remittances totalled $429 billion in 2016, compared to $429.8 billion in 2015 and $444.3 billion in 2014).

In 2001, the GDP for Somalia was estimated at around US$806 million, whereas the GNP is higher due to remittances, totalling US$300-400300-400n, from Somalis living abroad.

In a later period (1988), however, the marginal impact of remittances on total income was greater than unity: a $1 increase in remittances stimulated a $1.85 increase in total household income.

Last year, total remittances sent worldwide totaled more than $500 billion, according to Manuel Orozco, an expert at the Inter-American Dialogue, a Washington research group.

Second, when the migrant's risk structure across locations is such that remittances reduce the total variance of future consumption, remittances may be sent with a "precautionary investment motive".