Economy
Ranked: The Countries Sending the Most Remittances Abroad
Published
4 days agoon
By
Pallavi RaoGraphics/Design:
See this visualization first on the Voronoi app.
Ranked: The Countries Sending the Most Remittances Abroad
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
We chart the top 10 countries by the most remittances sent, in current U.S. dollars, based on 2022 data from Knomad.
Specifically, these transfer totals shown represent personal remittances, or money sent between residents in one country to another, including personal transfers and compensation for work done abroad. It does not include, and is separate from, foreign investment.
Top 10 Countries by Personal Remittances Sent (2000-2022)
The U.S. has consistently been home to the world’s largest immigrant population (45 million people in 2022), a key reason for topping the ranks of sending money abroad over the last two decades.
As a result, countries with largest diasporas in the U.S.—including Indian, the Philippines, and Mexico—tend to be the biggest recipients of these flows.
Top Countries Sending Money Abroad | 2000 | Top Countries Sending Money Abroad (2022) | 2022 |
---|---|---|---|
🇺🇸 U.S. | $35B | 🇺🇸 U.S. | $82B |
🇸🇦 Saudi Arabia | $15B | 🇦🇪 UAE | $40B |
🇦🇪 UAE | $14B | 🇸🇦 Saudi Arabia | $39B |
🇩🇪 Germany | $9B | 🇨🇭 Switzerland | $34B |
🇨🇭 Switzerland | $6B | 🇨🇳 China | $18B |
🇬🇧 UK | $5B | 🇰🇼 Kuwait | $18B |
🇫🇷 France | $5B | 🇩🇪 Germany | $17B |
🇰🇷 South Korea | $4B | 🇱🇺 Luxembourg | $16B |
🇮🇱 Israel | $3B | 🇳🇱 Netherlands | $15B |
🇱🇺 Luxembourg | $3B | 🇫🇷 France | $15B |
Note: Figures rounded.
Similarly, immigrants make up nearly 80% of the population in the UAE (ranked #2 with $80 billion sent), the highest proportion of any country in the world.
Setting the countries sending the most money abroad side-by-side with those receiving money from abroad, reveals broad geographic patterns. Advanced economies (in North America and Europe) are the biggest senders to developing economies in Asia and Africa.
Finally, Switzerland, Netherlands, and Luxembourg are considered offshore financial centers and can be used as intermediary stops in the movement of money through the world.
Why are personal remittances important anyway? To start, a staggering one billion people (roughly one out of eight people in the world) depend on money sent back home. In 2022, 200 million migrant workers sent $800 billion to their families in home countries. Three-quarters of the money received is spent on basic necessities like food, medical, and housing expenses.
Thus, personal remittances represent, perhaps, one of the biggest informal engines of social transformation.
![A chart with the top countries by personal remittances sent, in current U.S. dollars, based on 2022 data from Knomad.](https://www.visualcapitalist.com/wp-content/uploads/2024/06/VORO_Top-Countries-Sending-Money-Abroad_Site.jpg)
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Jobs
Charted: The Least Common American Jobs
Prosthodontists and pediatric surgeons are the two featured occupations on this ranking of the least common American jobs.
![A chart ranking the least common American jobs by number of people employed by a business, as of May 2023.](https://www.visualcapitalist.com/wp-content/uploads/2024/06/VORO_LeastCommonJobs_Site.jpg)
Published
13 hours agoon
July 4, 2024By
Pallavi Rao![A cropped chart ranking the least common American jobs by number of people employed by a business, as of May 2023.](https://www.visualcapitalist.com/wp-content/uploads/2024/06/VORO_LeastCommonJobs_Share.jpg)
Charted: The Least Common American Jobs in 2023
This was originally posted on our Voronoi app. Download the app for free on iOS or Android and discover incredible data-driven charts from a variety of trusted sources.
We rank and visualize the least common American jobs by number of employees, as per the latest estimates from the Bureau of Labor Statistics (BLS).
Annual surveys from business owners are used to model employment numbers and wage data for each year. Thus, these figures do not include the self-employed, owners of unincorporated firms, or household workers.
Ranked: America’s Least Common Jobs
The least commonly-held job in America is “wood patternmaker,” with only 260 employed by a business country-wide. According to the BLS, wood patternmakers “plan, lay out, and construct wooden unit or sectional patterns used in forming sand molds for castings.”
Technological advancements have caused job declines in the industry for the last decade. It is also likely that this occupation has more self-employed individuals, explaining their low numbers.
Rank | Least Common American Job | # Employed 2023 | Average Annual Salary |
---|---|---|---|
1 | 🪵 Wood Patternmakers | 260 | $52,330 |
2 | ⏰ Clock and Timer Precision Technicians | 400 | $52,840 |
3 | 🌾 Farm Labor Contractors | 460 | $51,400 |
4 | 🔥 Furnace and Kiln Repair Technicians | 540 | $49,900 |
5 | 🦷 Prosthodontists | 570 | $240,750 |
6 | 🪵 Wood Model Makers | 590 | $52,510 |
7 | 👨🍳 Private Cooks | 740 | $49,790 |
8 | 🚜 Dredge Operators | 940 | $53,700 |
9 | 🏭 Industrial Psychologists | 1,030 | $154,380 |
10 | 🩺 Pediatric Surgeons | 1,180 | $449,320 |
Clock and timer technicians (not watchmakers), farm labor contractors (460), and furnace and kiln repair technicians (540) are the next three least commonly employed American workers.
Ranked fifth, prosthodontists (570) are the second-highest paid occupation ($240,750) on the uncommon jobs list.
In the same vein, pediatric surgeons are the 10th least common occupation in America, with only around 1,100 in the entire country.
NPR reports that while pediatric programs have increased in the last 10 years, the number of trained MDs going into pediatric surgery has steadily decreased. Per STAT News, close to one-third pediatric residency programs did not fill their positions in 2024.
More From Visual Capitalist
If you liked this kind of content, check out The 20 Fastest Growing Jobs in the Next Decade which identifies where new jobs will be created next.
![A chart ranking the least common American jobs by number of people employed by a business, as of May 2023.](https://www.visualcapitalist.com/wp-content/uploads/2024/06/VORO_LeastCommonJobs_Site.jpg)
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