Workers' remittances paid reached 1,037 USD mil in 2017 in Argentina, according to the National Statistical Office. This is 25.9 % more than in the previous year.
Historically, workers' remittances paid in Argentina reached an all time high of 1,137 USD mil in 2011 and an all time low of 16.0 USD mil in 1978. When compared to Argentina's main peers, workers' remittances paid in Bolivia amounted to 252 USD mil, 438 USD mil in Chile and 10.8 USD mil in Uruguay in 2017.
Argentina has been ranked 42nd within the group of 142 countries we follow in terms of workers' remittances paid, 7 places above 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.