Workers' Remittances, Paid (USD) rose 4.9836770106584% to USD 63.5 mil in Bosnia and Herzegovina in 2017

Workers' Remittances, Paid (USD) (USD mil)
Economy | Bosnia and Herzegovina | December 1, 2019
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Workers' remittances paid reached 63.5 USD mil in 2017 in Bosnia and Herzegovina, according to the National Statistical Office. This is 4.98 % more than in the previous year.

Historically, workers' remittances paid in Bosnia and Herzegovina reached an all time high of 65.4 USD mil in 2007 and an all time low of 2.35 USD mil in 2000. When compared to Bosnia and Herzegovina's main peers, workers' remittances paid in Croatia amounted to 304 USD mil, 9,249 USD mil in Italy, 70.4 USD mil in Montenegro and 273 USD mil in Serbia in 2017.

Bosnia and Herzegovina has been ranked 118th within the group of 142 countries we follow in terms of workers' remittances paid, 19 places behind the position seen 10 years ago.

Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by non-resident workers.

Workers' Remittances, Paid (USD) Unit 2009 2010 2011 2012 2013 2014 2015 2016 2017
Albania USD mil 151 216 191 179 153
Austria USD mil 3,620 3,452 3,896 4,961 4,748
Bosnia and Herzegovina USD mil 51.7 46.8 48.4 46.8 55.5
Croatia USD mil 249 247 267 297 275
France USD mil 12,849 12,566 13,425 13,726 12,787
Hungary USD mil 1,195 1,089 837 882 685
Italy USD mil 14,501 11,826 11,566 11,133 9,443
Montenegro USD mil 43.5 52.6 64.3 72.1 53.6
Romania USD mil 128 116 547 638 526
Serbia USD mil 204 218 255 267 245
Slovenia USD mil 198 187 196 208 184
Switzerland USD mil 22,698 22,927 24,663 25,869 25,400