Estimating Global Remittance Flows: A Methodology
By Manuel Orozco
International Fund for Agricultural Development, October 18, 2007
This note describes the methodology that was used to estimate global remittance flows (both formal and informal). Any attempt to produce a global estimate of remittances will rely on extrapolations where data are nonexistent, insufficient, or unreliable. The method use for this study was the combined use of primary and secondary sources of data on patterns of remitting, with the data on global migration that were derived from the Global Migrant Origin Database (GMOD). The GMOD project informs on the number of migrants, their origin, and destination.
See also: Sending Money Home: Worldwide Remittance Flows to Developing Countries, by Manuel Orozco.