The line chart illustrates the rates of international money transferred by immigrants from three different countries over two decades-period, ending in 2020. Overall, while the US and The UK show fluctuating trends, the International transferred money rate in Australia steadily increase throughout the year.
At the outset of the period, Australia was the country with the lowest amount of international transferred money, with only one-tenth money were transferred by immigrants in there. However, the rate increases steadily, reaching more than 55% International money being transferred in 2020.
In contrast, although the rate increases significantly 40% in 2006, the trend in the UK decrease drastically in 2008, with only 20% International money being transferred by immigrants. In the US, the rate rises steadily, making the US the country with the highest amount of international money being transferred in 2018, despite some minor decrease in 2010 and in the end of period.
