Worldwide Remittance Industry To 2025 – Improving Youth Unemployment Rate Is Driving Growth

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The Street

By PR Newswire DUBLIN, Dec. 15, 2021 /PRNewswire/ — The “Global Remittance (Money Transfer) Market: Insights & Forecast with Potential Impact of COVID-19 (2021-2025)” report has been added to ResearchAndMarkets.com’s offering. The global inflow of remittances is expected to reach US$745.1 billion in 2025, growing at a CAGR of 1.20%, for the time period of 2021-2025. Factors such as reduction in remittance costs, rising international migration, improving youth unemployment rate, surging urbanization, rising number of international students and increasing refugee population would drive the grow…

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