According to a recent report by the World Bank, the growth of remittances to Sub-Saharan Africa is projected to slow to 0.9 percent in 2015, amounting to $33 billion. Globally, it is expected to reach $586 billion in 2015, though at a slower growth rate of 0.4% due to economic conditions and is expected to accelerate again to reach an estimated $636 billion in 2017.