Workers' remittances paid reached 65.1 USD mil in 2017 in Honduras, according to the National Statistical Office. This is 58.4 % more than in the previous year.
Historically, workers' remittances paid in Honduras reached an all time high of 65.1 USD mil in 2017 and an all time low of 0.484 USD mil in 2005. When compared to Honduras's main peers, workers' remittances paid in Belize amounted to 45.6 USD mil, 28.2 USD mil in Guatemala, 806 USD mil in Mexico and 67,964 USD mil in USA in 2017.
Honduras has been ranked 117th within the group of 142 countries we follow in terms of workers' remittances paid, 29 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.