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In November, volume of private remittances down 8.9% to USD 0.6 billion

Валюта. Фото: Синьхуа.
Валюта. Фото: Синьхуа.

The volume of private remittances in November decreased by 8.9% and amounted to USD 0.6 billion.

This is stated in the NBU report, Ukrainian News Agency reports.

Wages received by Ukrainians from abroad decreased by 29%, while other private transfers received through official channels increased by 9.9%.

Overall, receipts through official channels decreased by 7.7%, while the flow through informal channels decreased by 10.7% compared to November last year.

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In total, for January-November 2025, the volume of remittances decreased by 15.5% and amounted to USD 7.3 billion: net wages decreased by 20.1%, and private transfers by 8.7%.

As Ukrainian News Agency earlier reported, in 2024, the volume of private remittances decreased by 15.2% to USD 9.6 billion.

In 2023, the volume of private remittances decreased by 7.8% compared to 2022 and amounted to USD 11.6 billion.

In 2021, the volume of remittances to Ukraine increased by 25.4% to USD 15.026 billion compared to 2020.

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In 2020, the volume of remittances increased by 1.7% to a record-breaking USD 12.1 billion.

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