Sandwiched between Guatemala and the Philippines, Ukraine has the world’s second most dependent economy on remittances from overseas workers, The Wall Street Journal reports, citing World Bank statistics. In a recent story headlined Developing World Loses Billions in Money From Migrant Workers, the Journal reports the remittances last year accounted for 11% of Ukraine’s economy, compared to 13% for Guatemala and 10% for the Philippines.
Sandwiched between Guatemala and the Philippines, Ukraine has the world’s second most dependent economy on remittances from overseas workers
