Skip to main content

Remittances

Volume 448: debated on Tuesday 4 July 2006

To ask the Chancellor of the Exchequer what estimate he has made of the total amount of remittances sent abroad by UK-based foreign nationals over the last five years, broken down by country. (82565)

The UK authorities do not produce official statistics of workers’ remittances disaggregated on the basis of destination country. The breakdown of the size of immigrant communities in the UK provides one indicator on the destination of the bulk of remittance flows out of the UK. Estimates of the size of UK remittance market can be found in the report of the UK Remittances Working Group1, established in 2004 by the Department for International Development (DFID). This shows that DFID believes the most reliable estimate for total remittances from the UK to developing countries to be £2.3 billion in 2005 and that—based on the size of diaspora communities—the primary developing country recipients of UK remittances are India, Pakistan, Bangladesh, the Caribbean, Kenya, Nigeria and China.

1 Available at www.dfid.gov.uk/pubs/files/uk-remittances-report.pdf