Under Pressure: An analysis of remittance trends and the barriers preventing migrants from sending money home (October 2023)

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Contact
DTM Libya, DTMLibya@iom.int
Language
English
Location
Libya
Snapshot Date
Oct 31 2023
Activity
  • Other

This study highlights some of the opportunities and challenges related to remittances, including the trends and patterns of earning, sending and using remittances as well as the barriers migrants face in sending money home. The study found that migrants are generally sending less money home and a quarter are sending money less frequently. At the same time, the proportion of migrants’ families who are relying on remittances as their primary source of income has been on the rise across countries of origin, pointing to increasing hardship and soaring needs.