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Repatriation of Money

Dáil Éireann Debate, Tuesday - 11 June 2013

Tuesday, 11 June 2013

Questions (98, 99)

Robert Dowds

Question:

98. Deputy Robert Dowds asked the Taoiseach the amount of money being repatriated from here to Poland; its sources; and if he will make a statement on the matter. [26354/13]

View answer

Robert Dowds

Question:

99. Deputy Robert Dowds asked the Taoiseach the amount of money being repatriated from here to Nigeria; its sources; and if he will make a statement on the matter. [26355/13]

View answer

Written answers

I propose to take Questions Nos. 98 and 99 together.

Data on money repatriated by migrants are not published at country level. The table shows estimates of total repatriations (i.e. migrants' remittances and income of temporary workers in Ireland) to EU 27 and non-EU27 countries for the years 2007 to 2012.

€m

Total Repatriations

Total Repatriations to EU27 countries

Total Repatriations to Non-EU27 countries

2012

1,614

1,215

399

2011

1,637

1,216

421

2010

1,777

1,297

480

2009

1,894

1,405

489

2008

1,888

1,285

603

2007

1,912

1,354

558

These data on repatriations are from the CSO Balance of Payments (BOP) quarterly statistical release. Migrants' remittances are included in Current Transfers in the BOP Current Account and are defined as remittances abroad by persons who come to an economy and stay, or expect to stay, for a year or more. Data on income of temporary employees are included in the BOP Current Account under the heading Compensation of Employees. These data cover income of non-resident workers in Ireland, i.e. workers residing in Ireland for less than one year.

Due to their nature, migrants’ remittances and income of temporary employees are a challenge to measure and as data sources become available, the estimation models are strengthened. At present, migrants' remittances are estimated using P35 income information available, with some geographic detail of migrants, from Revenue. Remittances are estimated as a percentage of income, with the percentage applied varying by geographic area. Earnings of non-resident workers are based on data from BOP surveys (surveys of companies and embassies) and from estimates of numbers of temporary workers in Ireland (using Irish and Northern Irish census of population data). All income of temporary workers are treated as repatriations.

As part of Ireland's reporting of BOP statistics to the IMF, the data above is supplied at total level (i.e. with no country geographic detail) to the IMF and is included in their BOP database. The World Bank use the information from the IMF BOP database for their own analyses and as part of this work, the World Bank estimates a country breakdown of the Ireland total repatriations. The estimates generated by the World Bank should not be taken as official estimates of repatriations from Ireland at country level.

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