plate 224 · 2025 data

Uzbekistan now receives more than twice Ukraine's remittances

Personal remittances received, current US$ billion, 2021 vs 2025, developing Europe and Central Asia.

Trade and money rewired
  1. 1. Mexico, not China, now sells America the most goods
  2. 2. China's ASEAN trade is now almost double its US trade
  3. 3. Central banks now hold more gold than Treasuries or euros
  4. 4. China now pays the world mostly in yuan
  5. 5. Migrants now send home four times all foreign aid
  6. 6. Tether now holds more US Treasuries than the UAE
  7. 7. Developing countries' interest bill has nearly tripled since 2010
  8. 8. America's duty-free parcels grew almost tenfold in nine years
  9. 9. Poles edge past the Japanese in income per person
  10. 10. In dollars, Nigeria's economy has more than halved since 2014
  11. 11. Argentina's monthly inflation fell from 25.5% to 1.9%
  12. 12. Guyana now produces more per person than America
  13. 13. Mexico's factories now outproduce Britain's and France's
  14. 14. Ukraine received four times the aid of any other country
  15. 15. The UAE sold more goods abroad than France in 2025
  16. 16. Singapore now draws twice as much foreign investment as China
  17. 17. The EU now buys more US gas than Russian gas
  18. 18. Malaysia again sells more to America than to China
  19. 19. 22 governments now owe more than a year's national output
  20. 20. Brazil mines 93% of the world's niobium
  21. 21. More Vietnamese now work in industry than on farms
  22. 22. Money sent home to Guatemala nearly quadrupled in ten years
  23. 23. In purchasing power, Russia's economy is now bigger than Japan's
  24. 24. Indonesia set to use more palm oil than it exports
  25. 25. Factories now make more of Cambodia's economy than China's
  26. 26. China now buys more from Brazil than from Germany
  27. 27. Kazakhstan now sells Russia more than Germany does
  28. 28. China fell to third among America's suppliers in 2025
  29. 29. Colombians abroad now send home more than foreigners invest
  30. 30. 72 countries now pay China more than it lends them
  31. 31. Pakistan rose to first place in Chinese energy finance
  32. 32. America overtook China as Taiwan's biggest export market
  33. 33. Mongolia's coal exports hit a record 90 million tonnes
  34. 34. Viet Nam's ports now handle more containers than Japan's
  35. 35. Money sent home now tops half of Tajikistan's economy
  36. 36. Liberia overtook Panama as the biggest flag by ship capacity
  37. 37. Pakistan passed India in tech's share of services exports
  38. 38. Mongolia leapt from 2% to 58% paying utilities by phone
  39. 39. Smaller currencies' share of world reserves has more than doubled
  40. 40. Nickel made Indonesia the world's fifth-biggest iron and steel exporter
  41. 41. Phone savers now outnumber bank savers in 32 countries
  42. 42. Uzbekistan now receives more than twice Ukraine's remittances
$21.1 bn vs $9.9 bn

Remittances received by Uzbekistan and Ukraine in 2025. Ukraine led every year through 2023.

−45%

Ukraine's fall since its 2021 peak of $18.1 bn, while Uzbekistan's more than doubled from $9.3 bn.

30%

Uzbekistan's share of all remittances to developing Europe and Central Asia in 2025. Its families abroad now carry the region's biggest money flow home.

Source: World Bank, World Development Indicators: Personal remittances, received, 2025
the numbers & method
Uzbekistan now receives more than twice Ukraine's remittances. Source: World Bank, World Development Indicators: Personal remittances, received, 2025.
2021 (bn)2025 (bn)
Uzbekistan9.321.1
Tajikistan2.910.2
Ukraine18.19.9
Serbia4.66.6
Georgia2.64.3
Bosnia and Herzegovina2.53.5
Albania1.72.6
Belarus1.42.4
Kosovo1.72.2
Moldova2.11.9
Russian Federation9.71.6
Armenia1.61.6

Claim types Fact · Interpretation

World Bank, World Development Indicators: Personal remittances, received (current US$), BX.TRF.PWKR.CD.DT, last updated 2026-10-08, read from the World Bank API (api.worldbank.org, source 2). Personal remittances include personal transfers and compensation of employees (IMF balance of payments definitions), current US dollars, not adjusted for inflation. Rows: the twelve largest receivers among developing Europe and Central Asia in 2025 (Azerbaijan, 1.49 bn, is next); Kyrgyz Republic has no 2025 value (3.20 bn in 2024) and is left out; high-income European countries are not in the World Bank's developing region. Uzbekistan, US$ bn: 2015 4.84, 2019 8.55, 2020 7.08, 2021 9.28, 2022 15.51, 2023 14.17, 2024 16.58, 2025 21.10. Ukraine: 2015 8.47, 2019 15.79, 2020 15.21, 2021 18.06, 2022 16.78, 2023 14.97, 2024 12.00, 2025 9.88. Ukraine received more than Uzbekistan in every year 2015–2023; Uzbekistan passed it in 2024 (16.58 vs 12.00). 2025 ratio 21.10 ÷ 9.88 = 2.14 (derived). Europe & Central Asia (excluding high income) total 2025: 69.91 bn, so Uzbekistan received 30% of it (derived). Tajikistan also passed Ukraine in 2025 (10.18 vs 9.88). Russia fell from 9.65 bn (2021) to 1.61 bn (2025). The data does not give reasons; the source does not say where the money came from. Takeaway 3 is Interpretation. Licence: CC BY 4.0.

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