Tajikistan stands out as the global leader, with international transfers accounting for a massive 47.9% of its GDP. Following closely are Nicaragua, Nepal, and Honduras, each with approximately 26% of GDP reliant on money transfers. Samoa rounds out the top five with 24% of its GDP attributed to incoming transfers.
In contrast, the Philippines, despite being one of the world's largest economies, only sees 8.73% of its GDP coming from international transfers. This percentage is significantly lower than that of many European countries. This disparity may indicate challenges with international transfers, potentially linked to existing sanctions.