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International Day of Family Remittances (IDFR)

The International Day of Family Remittances (IDFR) is observed on 16 June each year. The day recognizes the contribution of over 200 million migrant workers to improve the lives of their 800 million family members back home, and to create a future of hope for their children.

Through this Day, the United Nations aim at bringing greater awareness on the impact that these contributions have on millions of households, but also on communities, countries, and entire regions. It also calls upon governments, private sector entities, and the civil society to find ways that can maximize the impact of remittances through individual, and collective actions.

The IDFR is fully recognized at global level, and included as one of the key initiatives to implement the newly-adopted Global Compact for Safe, Orderly and Regular Migration (Objective 20), also calling for the reduction of remittance transfer costs, and greater financial inclusion through remittances. The Day is also functional to the pursuit of the 2030 Agenda for Sustainable Development and the Sustainable Development Goals (SDGs).

Remittance families are typically both resourceful and resilient in the face of difficult circumstances and changing conditions. But COVID-19 is disrupting an entire system that directly involves 200 million migrant workers, half of them women, around the world and their 800 million family members back home.

Migrant workers are essential contributors to both the places where they currently live and to their communities back home, having a ripple effect in about 40 sending and more than 125 receiving countries world-wide. Global remittances to developing countries are projected to fall by US$ 110 billion in 2020, and not return to pre-pandemic levels for many years thereafter.

Now, more than ever, the IDFR observance presents an invaluable opportunity to recognize the key role family remittances play on the wellbeing of millions of families and on the sustainable development of their local communities. That is why this year´s IDFR is calling upon governments, the private sector, and civil society organizations to support migrant workers and their families in building resilience at this time of crisis..

For further information visit: www.FamilyRemittances.org and the IDFR webpage on the UN website.

IDFR Facts and figures

Facts and figures

  • The vast contribution that remittances can make to the achievement of the SDGs is clear: before the crisis, the projected sum of money in international remittances to be sent to developing countries between 2015 and 2030, was US$6.5 trillion.
  • Family remittances have a direct impact on the lives of 1 billion people – one out of seven individuals on earth. Added together, remittances are three times greater than Official Development Assistance and surpass Foreign Direct Investment.
  • In 2019, there were approximately 200 million migrant workers providing essential services to important economic sectors in more than 40 high income countries, and sending needed financial resources to support an estimated 800 million relatives living back home in more than 125  countries. Almost half of those families live in rural areas, where remittances “count the most.”
  • The full impact of this pandemic remains unknown. However, lessons learned from the global reaction to the events of 2008 and 2001 point towards a dramatic reduction in the more than US$500 billion in family remittances sent home annually.
  • For the first time, both sides of remittance corridors have been impacted simultaneously, likely pushing millions of families below poverty lines resulting in food insecurity and other challenges in the small towns and villages of developing countries.
  • Beyond these enormous aggregate numbers, and their societal consequences, lies the most important number of all— the US $200 or US $300 monthly remittance, the financial measure of affection and commitment that generates on average over 60% of household income, and allows tens of millions of families to reach for their own individual SDGs.

Noticias relacionadas

Noticias relacionadas

En el Día Internacional de las Remesas Familiares, el FIDA hace un llamamiento para que se declare la prestación de servicios de remesas como un servicio esencial en tiempos de crisis

junio 2020 - NOTICIAS
Ante la importante disminución del dinero que envían los migrantes a sus países de origen debido a los efectos de la pandemia de la COVID-19, el FIDA, organismo especializado de las Naciones Unidas, ha exhortado hoy a los Gobiernos de todo el mundo a que declaren la prestación de servicios de remesas como un servicio esencial en tiempos de crisis.

En el Día Internacional de las Remesas Familiares, se destaca que una de cada nueve personas en el mundo depende del dinero que envían a casa los trabajadores migrantes

junio 2019 - NOTICIAS
Se prevé que en 2019 las remesas que los trabajadores migrantes internacionales enviarán a sus familias superarán los USD 550 000 millones, unos USD 20 000 millones más que los USD 529 000 millones del año pasado, según dijo hoy Gilbert F. Houngbo, Presidente del Fondo Internacional de Desarrollo Agrícola (FIDA).

Día Internacional de las Remesas Familiares: trabajar para crear prosperidad en el lugar de origen

junio 2018 - NOTICIAS
Ante la celebración del Día Internacional de las Remesas Familiares el 16 de junio, el Presidente del Fondo Internacional de Desarrollo Agrícola (FIDA), el Sr. Gilbert F. Houngbo, exhortó a seguir desplegando esfuerzos para ayudar a las familias receptoras de remesas a construir un futuro sostenible para ellas y sus comunidades.

Historias Relacionadas

Historias Relacionadas

Enviar dinero a casa: Diez razones de por qué son importantes las remesas

junio 2020 - RELATO
Todos los años, el 16 de junio, se celebra el Día Internacional de las Remesas Familiares en reconocimiento de la importante contribución financiera que hacen los trabajadores migrantes al bienestar de sus familias que residen en sus lugares de origen y al desarrollo sostenible de las comunidades de dichos países.

Sending money home: ten reasons why remittances matter

junio 2019 - RELATO
The International Day of Family Remittances is observed every year on 16 June in recognition of the fundamental contribution of migrant workers to their families and communities back home and to the sustainable development of their countries of origin.

Publicaciones relacionadas

Publicaciones relacionadas

International Day of Family Remittances booklet 2019

junio 2019
International Day of Family Remittances booklet for 2019

Global Forum on Remittances, Investment and Development 2018 – Official Report

febrero 2019
This report presents the highlights and key outcomes of the first country-led Global Forum on Remittances, Investment and Development, hosted by Bank Negara Malaysia in collaboration with IFAD and the World Bank Group.

Día Internacional de las Remesas Familiares - Apoyos en 2018

junio 2018
El 12 de junio de 2018, la Asamblea General de las Naciones Unidas adoptó oficialmente el Día Internacional de las Remesas Familiares como una celebración universalmente reconocida. En 2018, el Día ha recibido el apoyo de nuevos asociados y entidades del sector privado y de la sociedad civil.
Disponible en otros idiomas: Arabic, English, Spanish, French, Russian, Chinese

RemitSCOPE - Remittance markets and opportunities Asia and the Pacific

mayo 2018
RemitSCOPE, a new website portal, is designed to provide data, analyses and remittancemarket1 profiles on individual countries or areas. In coordination with the Global Forum on Remittances, Investment and Development 2018, RemitSCOPE is being launched to provide market profiles for 50 countries or areas in the Asia and the Pacific region. The additional four regions will be included gradually: Africa, Latin America and the Caribbean, Europe, and Near East and the Caucasus. RemitSCOPE intends to address the fast-changing market realities in the remittance industry in order to help bring together the goals of remittance families, as clients, and the strategies of the private-sector service providers. RemitSCOPE is designed as a free, one-stop shop that is available to any organization or entity interested in accessing all relevant public information on remittances.

Global Forum on Remittances, Investment and Development 2017 – Official Report

febrero 2018
Remittances constitute a critical lifeline for around 1 billion people around the world. These vital flows of private money, sent by over 200 million international migrant workers, help families raise their living standards and contribute to improved health, education and housing.

Documentos relacionados

Documentos relacionados

Guidelines on the use of the IDFR symbol Tipo: Directrices, Politicas y Estrategias

Videos relacionados

Videos relacionados

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International Day of Family Remittances

The International Day of Family Remittances (IDFR) Contacts

Contáctenos

Para más información, póngase en contacto con familyremittances@ifad.org