Workers' remittances paid reached 2,060 USD mil in 2017 in Czech Republic, according to the National Statistical Office. This is 24.2 % more than in the previous year.
Historically, workers' remittances paid in Czech Republic reached an all time high of 2,586 USD mil in 2008 and an all time low of 6.25 USD mil in 1993. When compared to Czech Republic's main peers, workers' remittances paid in Austria amounted to 5,475 USD mil, 922 USD mil in Hungary, 5,865 USD mil in Poland and 271 USD mil in Slovakia in 2017.
Czech Republic has been ranked 35th within the group of 142 countries we follow in terms of workers' remittances paid, 6 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.