The personal remittances received in Mongolia increased by 40.8 million U.S. dollars (+10.22 percent) in 2023. While the personal remittances received increased significantly in the first phase of the observed period, the increase slowed down in the last years. Remittances are flows of money between immigrants and their relatives. They refer to personal transfers between resident and nonresident individuals, and the compensation of employees who are employed in an economy where they are not resident, and of residents employed by nonresident entities.
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World Bank. (May 30, 2024). Value of remittances received in Mongolia from 2014 to 2023 (in million U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/880737/mongolia-value-of-remittances/
World Bank. "Value of remittances received in Mongolia from 2014 to 2023 (in million U.S. dollars)." Chart. May 30, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/880737/mongolia-value-of-remittances/
World Bank. (2024). Value of remittances received in Mongolia from 2014 to 2023 (in million U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/880737/mongolia-value-of-remittances/
World Bank. "Value of Remittances Received in Mongolia from 2014 to 2023 (in Million U.S. Dollars)." Statista, Statista Inc., 30 May 2024, https://www.statista.com/statistics/880737/mongolia-value-of-remittances/
World Bank, Value of remittances received in Mongolia from 2014 to 2023 (in million U.S. dollars) Statista, https://www.statista.com/statistics/880737/mongolia-value-of-remittances/ (last visited July 22, 2024)
Value of remittances received in Mongolia from 2014 to 2023 (in million U.S. dollars) [Graph], World Bank, May 30, 2024. [Online]. Available: https://www.statista.com/statistics/880737/mongolia-value-of-remittances/