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Italy Remittances Received

Personal remittances received  BX.TRF.PWKR.CD.DT

Italy's remittances received was $12.0B in 2025, ranked 21st globally. This represents a 7.4% increase from 2024. Data from World Bank, covering 1970–2025.

$12.0B +$819.7M (+7.4%)
Year 2025 Rank #21 Global Peak $12.1B (2023) Source World Bank

Italy Remittances Received (1970–2025)

Overview

Italy's remittances received stood at $12.0B in 2025, a rise of +$819.7M from 2024. Based on recent trends, this figure is projected to reach $12.0B by 2025. Italy ranked 21st globally.

Italy’s remittances received have risen dramatically from 1,232,000,000.00 in 1970 to 11,971,525,972.38 in 2025, placing the country 21st globally. The upward trajectory accelerated after the early‑1970s trough of 1,214,379,028.00 in 1974, reflecting broader migration flows and stronger ties with the Italian diaspora. The all‑time peak of 12,102,901,534.40 in 2023 marginally exceeded the 2025 level, suggesting a modest recent slowdown after a decade of near‑continuous growth. Italy’s performance is comparable to peer economies such as Nepal, which recorded 12,202,414,912.77, and the Dominican Republic at 11,955,900,000.00, underscoring the significance of remittance inflows for mid‑size economies with substantial overseas communities. Continued expansion of high‑skill migration, favorable exchange‑rate dynamics, and sustained economic stability abroad are likely to keep Italy’s remittance inflows on an upward path, while major shocks to host‑country economies could reverse the trend.

Data & projection

Year Remittances Received YoY change Rank
2027* trend $12.9B - -
2026* trend $12.4B - -
2025* trend $12.0B - -
2025 $12.0B +$819.7M #21
2024 $11.2B −$951.1M #163
2023 $12.1B +$2.3B #168
2022 $9.8B −$281.7M #166
2021 $10.1B +$215.4M #168
2020 $9.9B −$570.0M #170
2019 $10.5B +$558.9M #169
2018 $9.9B +$157.5M #169
2017 $9.7B +$229.4M #171
2016 $9.5B −$94.9M #170
2015 $9.6B −$491.5M #169
2014 $10.1B +$663.1M #170
2013 $9.4B +$270.0M #166
2012 $9.2B +$434.9M #168
2011 $8.7B +$756.1M #169
Show all years (1970-2025)
* Linear trend extrapolation

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +23.1% GDP growth 2.9% C/A balance 0.4%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Italy matched the Export Boom Cycle pattern in 1986. Historically, 71% of countries showing this pattern (546 out of 768) saw remittances received improve within 24 months. View full analysis →

Frequently Asked Questions

What is Italy's remittances received?▾

Italy's remittances received was $12.0B in 2025. Ranked 21st globally. This represents a 7.4% increase from the previous year.

What was the highest remittances received in Italy?▾

Italy's remittances received peaked at $12.1B in 2023.

What was the lowest remittances received in Italy?▾

The lowest remittances received in Italy was $1.2B in 1974.

How does Italy rank in remittances received?▾

Italy ranks 21st globally in remittances received as of 2025.

What is the World Bank indicator code for remittances received?▾

The World Bank indicator code is BX.TRF.PWKR.CD.DT. Data sourced from World Bank.

What is the projected remittances received of Italy in 2025?▾

Italy's remittances received is projected to reach $12.0B by 2025 based on trend extrapolation.

What is Italy's remittances received in billion?▾

Italy's remittances received was approximately 11.97 billion ($12.0B) in 2025.

What is the remittances received of Italy in 2025?▾

The remittances received of Italy in 2025 was $12.0B. This ranks 21st in the world.

Cite this page

APA
Italy Remittances Received. HistorySaid. Retrieved October 21, 2026, from https://historysaid.com/italy/remittances/
BibTeX
@misc{historysaid_italy_remittances, title = {Italy Remittances Received}, url = {https://historysaid.com/italy/remittances/}, publisher = {HistorySaid}, year = {2026} }
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