Workers' remittances paid reached 438 USD mil in 2017 in Chile, according to the National Statistical Office. This is 6.51 % more than in the previous year.
Historically, workers' remittances paid in Chile reached an all time high of 438 USD mil in 2017 and an all time low of 3.20 USD mil in 2005. When compared to Chile's main peers, workers' remittances paid in Argentina amounted to 1,037 USD mil, 252 USD mil in Bolivia and 10.8 USD mil in Uruguay in 2017.
Chile has been ranked 64th within the group of 142 countries we follow in terms of workers' remittances paid, 80 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.