The figure remains stable compared to 2012, the World Bank report shows.
This year Romania will register remittances of USD 3.6 bln from Romanians working abroad, according to a World Bank report, the level being similar to the one estimated by the institution for last year and significantly below the sums registered before the onset of the crisis, while the number of international migrations climbed by 4.8 per cent compared to 2010. According to the data published by the institution in May, the remittances towards Romania totaled USD 3.66 bln last year, the main countries of origin being Italy and Spain.
Thus, USD 1.07 bln apiece were sent from Italy and Spain to Romania last year, according to the World Bank data. Other important countries of origin for remittances are the United States (USD 240 M), Hungary (USD 237 M), Israel (USD 236 M), Germany (USD 184 M), Canada (USD 131 M), Austria (USD 78 M), France (USD 73 M), Great Britain (USD 71 M) and Greece (USD 58 M). Remittances reached a record level in 2008, the year in which the world financial crisis started, when they stood at USD 9.38 bln according to the World Bank. A steep drop followed in 2009, to USD 4.9 bln. The number of Romanian emigrants stood at 2.77 million in 2010.
At world level remittances towards developing nations will grow by 6.3 per cent to USD 414 bln this year and could reach USD 540 bln in 2016, the World Bank estimates.