Workers' remittances paid reached 442 USD mil in 2017 in Costa Rica, according to the National Statistical Office. This is 6.27 % more than in the previous year.
Historically, workers' remittances paid in Costa Rica reached an all time high of 442 USD mil in 2017 and an all time low of 0.500 USD mil in 1981. When compared to Costa Rica's main peers, workers' remittances paid in Guatemala amounted to 28.2 USD mil, 65.1 USD mil in Honduras, 1.60 USD mil in Nicaragua and 839 USD mil in Panama in 2017.
Costa Rica has been ranked 63rd within the group of 142 countries we follow in terms of workers' remittances paid, 2 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.