Remittance is the transfer of money by a foreign worker to his or her home country. A web app by Roxana Torre helps us to visualise the flow of these remittance for every country effortlessly. The data is compiled from World Bank's datasets for 2010.
There are thousands of East Timorese workers working in the UK and Ireland. If each of these workers sent $1000 to Timor-Leste every year, that would result in several millions of dollars. And then there are also East Timorese workers working in other parts of the world, for example in South Korea. In addition are the East Timorese who have settled permanently in other countries, namely Portugal, Australia and Indonesia. The East Timorese Diaspora continue to maintain a strong connection to their families back home and regularly send money to their relatives. This inward flow should be large enough to be noticed and captured in the data.
And then, there are also workers from countries other than the three listed in the data, in particular China, India, Pakistan, and Vietnam. Data on their remittances are absent but I think they would have sizeable share.
Most interesting is the $24 mill remitted to Indonesia in 2010. Although there are many Indonesian workers present in Timor-Leste, I can't imagine them putting aside this amount of money to send home in one year given that they would also need to withhold some money to pay for everyday expenses and to invest. If the data presented here is correct, then it should certainly raise eyebrows. Who wired the bulk of the $24 mill? Certainly not the small time pedlars and micro retailers who make up the bulk of the Indonesian community.
Or could the data be inaccurate? A possible explanation may be that there has been a mistake made in the data compilation for Indonesia, that it may have included remittances for other countries. It's clear that expat population in Timor-Leste is not limited to the three countries represented in the data.
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| Timor-Leste Remittances (Source) |
The data on Timor-Leste is very interesting albeit incomplete. Placing the cursor over Timor-Leste near the perimeter will highlight links stretching to a number of countries where the remittances have been flowing, to and fro. The data shows that since 2010 over $27 million have remitted to from Timor-Leste to these three countries, Indonesia, Australia and the Philippines, which respectively received $24 mill, $2 mill and $1 mill. Strangely, there was no money remitted to Timor-Leste.
There are thousands of East Timorese workers working in the UK and Ireland. If each of these workers sent $1000 to Timor-Leste every year, that would result in several millions of dollars. And then there are also East Timorese workers working in other parts of the world, for example in South Korea. In addition are the East Timorese who have settled permanently in other countries, namely Portugal, Australia and Indonesia. The East Timorese Diaspora continue to maintain a strong connection to their families back home and regularly send money to their relatives. This inward flow should be large enough to be noticed and captured in the data.
And then, there are also workers from countries other than the three listed in the data, in particular China, India, Pakistan, and Vietnam. Data on their remittances are absent but I think they would have sizeable share.
Most interesting is the $24 mill remitted to Indonesia in 2010. Although there are many Indonesian workers present in Timor-Leste, I can't imagine them putting aside this amount of money to send home in one year given that they would also need to withhold some money to pay for everyday expenses and to invest. If the data presented here is correct, then it should certainly raise eyebrows. Who wired the bulk of the $24 mill? Certainly not the small time pedlars and micro retailers who make up the bulk of the Indonesian community.
Or could the data be inaccurate? A possible explanation may be that there has been a mistake made in the data compilation for Indonesia, that it may have included remittances for other countries. It's clear that expat population in Timor-Leste is not limited to the three countries represented in the data.
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