Workers' remittances paid reached 170 USD mil in 2017 in El Salvador, according to the National Statistical Office. This is 15.0 % more than in the previous year.
Historically, workers' remittances paid in El Salvador reached an all time high of 170 USD mil in 2017 and an all time low of 0.115 USD mil in 1994. When compared to El Salvador's main peers, workers' remittances paid in Costa Rica amounted to 442 USD mil, 28.2 USD mil in Guatemala, 65.1 USD mil in Honduras and 1.60 USD mil in Nicaragua in 2017.
El Salvador has been ranked 94th within the group of 142 countries we follow in terms of workers' remittances paid, 22 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.