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.