Western Union's quarterly revenue decreased by nearly nine percent in Q2 2024, a decline after 2023 saw positive growth rates. Remittances – cross-border money transfers, typically from migrants to family and friends back home – grew significantly during the coronavirus pandemic. They are forecast to keep growing after 2022 but at a slower pace than before. In 2022, the value of remittances worldwide amounted to an estimated 830 billion U.S. dollars.
Revenue of Western Union from 1st quarter 2009 to 2nd quarter 2024
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Statista, & U.S. Securities and Exchange Commission. (July 30, 2024). Revenue of Western Union from 1st quarter 2009 to 2nd quarter 2024 [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1416332/western-union-quarterly-revenue/
Statista, und U.S. Securities and Exchange Commission. "Revenue of Western Union from 1st quarter 2009 to 2nd quarter 2024." Chart. July 30, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1416332/western-union-quarterly-revenue/
Statista, U.S. Securities and Exchange Commission. (2024). Revenue of Western Union from 1st quarter 2009 to 2nd quarter 2024. Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1416332/western-union-quarterly-revenue/
Statista, and U.S. Securities and Exchange Commission. "Revenue of Western Union from 1st Quarter 2009 to 2nd Quarter 2024." Statista, Statista Inc., 30 Jul 2024, https://www.statista.com/statistics/1416332/western-union-quarterly-revenue/
Statista & U.S. Securities and Exchange Commission, Revenue of Western Union from 1st quarter 2009 to 2nd quarter 2024 Statista, https://www.statista.com/statistics/1416332/western-union-quarterly-revenue/ (last visited December 19, 2024)
Revenue of Western Union from 1st quarter 2009 to 2nd quarter 2024 [Graph], Statista, & U.S. Securities and Exchange Commission, July 30, 2024. [Online]. Available: https://www.statista.com/statistics/1416332/western-union-quarterly-revenue/