Workers' remittances paid reached 199 USD mil in 2017 in Bulgaria, according to the National Statistical Office. This is 19.2 % more than in the previous year.
Historically, workers' remittances paid in Bulgaria reached an all time high of 199 USD mil in 2017 and an all time low of 3.42 USD mil in 1998. When compared to Bulgaria's main peers, workers' remittances paid in Greece amounted to 881 USD mil, 364 USD mil in Romania, 273 USD mil in Serbia and 1,063 USD mil in Turkey in 2017.
Bulgaria has been ranked 92nd within the group of 142 countries we follow in terms of workers' remittances paid, 11 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.