From UPSC perspective, the following things are important :
Prelims level : Global Migration Report 2020
Mains level : Remittances inflows in India
The Global Migration Report 2020 highlighting the international migrants stock was recently released.
Global Migration Report 2020
- It released by the UN-affiliated International Organization for Migration (IOM).
- It reiterates the key trend of the International Migrant Stock 2019 dataset released by the UN Population Division in September — of the 272 international migrants worldwide (3.5% of the global population).
- According to the report, roughly two-thirds of international migrants are labour migrants.
- Oceania (a geographic region that includes Australasia, Melanesia, Micronesia and Polynesia) is the region with the highest proportion of international migrants.
- The UAE is the country with the highest proportion of international migrants.
- The top destination for international migrants is the US where, as of September 2019, there were 50.7 million international migrants.
- The US is followed by Germany, Saudi Arabia, Russian Federation and the UK.
- The top migration corridors for Indians are the United Arab Emirates, the US and Saudi Arabia.
- Conversely, the highest number of migrants entering India comes from Bangladesh.
- The US is also the top choice for migrants from China.
- India accounts for the highest share with 17.5 million Indians living outside the country
- India is followed by Mexico (11.8 million) and China (10.7 million).
- Among other details in the new report, the high count of international migrants living abroad also makes India the leading recipient of remittances.
- International remittances in 2018 (2020 report) reached $689 billion, out of which India received $78.6 billion from the 17.5 million living abroad.
- India is currently followed by China ($67.4 billion), Mexico ($35.7 billion), Philippines ($33.8 billion), Egypt ($28.9 billion) and France ($26.4 billion).
- The US was the top remittance-issuer, at $68 billion, followed by the United Arab Emirates ($44.4 billion) and Saudi Arabia ($36.1 billion).