EU: Foreigners sent home €52 billion in remittances in 2024, an increase of 245% since 2000 (opens in new tab)

Foreigners are sending home billions of euros to their home countries, with the global remittance industry mostly seeing money flow from Western countries to second- and third-world countries on a global scale. In total, EU countries saw €52.4 billion sent abroad in 2024, according to the latest data from Eurostat. These tens of billions being […]