Workers' remittances paid reached 316 USD mil in 2017 in Liberia, according to the National Statistical Office. This is 11.6 % less than in the previous year.
Historically, workers' remittances paid in Liberia reached an all time high of 435 USD mil in 2012 and an all time low of 0.176 USD mil in 2004. When compared to Liberia's main peers, workers' remittances paid in Ghana amounted to 1,112 USD mil and 27.8 USD mil in Guinea in 2017.
Liberia has been ranked 75th within the group of 142 countries we follow in terms of workers' remittances paid, 75 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.