Nepal was the fourth highest recipient of remittances (measured as % of GDP) in 2009. Remittances amounted to 23 percent of GDP in 2009. In terms of total amount received, migrant remittances was the highest in India in 2010, amounting to an estimated US$ 55 billion. It is followed by China (US$ 51 billion), Mexico (US$ 23 billion), the Philippines (US$ 21 billion), France (US$ 16 billion), Germany (US$ 12 billion), Bangladesh (US$ 11 billion), Belgium, Spain and Nigeria (US$ 10 billion each). See this blog post for more discussion on the new estimates of remittances.
Latest migration stats about Nepal:
Emigration, 2010
- Stock of emigrants: 982.2 thousands
- Stock of emigrants as percentage of population: 3.3%
- Top destination countries: India, Qatar, the United States, Thailand, the United Kingdom, Saudi Arabia, Japan, Brunei Darussalam, Australia, Canada
Skilled emigration, 2000
- Emigration rate of tertiary-educated population: 5.3%
- Emigration of physicians: 40 or 3.3% of physicians trained in the country
Immigration, 2010
- Stock of immigrants: 945.9 thousands
- Stock of immigrants as percentage of population: 3.2%
- Females as percentage of immigrants: 68.2%
- Refugees as percentage of immigrants: 13.8%
- Top source countries: India, Bhutan, Pakistan, China, Australia, Sri Lanka, Bangladesh, Maldives, New Zealand
Net ODA received was US$0.7 billion, exports of goods and services was US$1.5 billion in 2008. Remittances inflows are almost two times the size of exports of goods and services and five times the size of official development assistance. Outward remittance flows is decreasing—it was US$ 26 million in 2003, but only US$ 12 million in 2009.
| Remittances, US$ millions | ||||
| Year | Workers remittances | Compensation of employees | Migrants' transfer | Total inward remittances flows |
| 2003 | 744 | 27 | - | 771 |
| 2004 | 793 | 30 | - | 823 |
| 2005 | 1126 | 85 | - | 1212 |
| 2006 | 1373 | 80 | - | 1453 |
| 2007 | 1647 | 87 | - | 1734 |
| 2008 | 2581 | 146 | - | 2727 |
| 2009 | 2858 | 127 | 1 | 2986 |
| 2010 (e) | - | - | - | 3513 |
