Workers' remittances paid reached 12,666 USD mil in 2017 in Luxembourg, according to the National Statistical Office. This is 8.81 % more than in the previous year.
Historically, workers' remittances paid in Luxembourg reached an all time high of 12,865 USD mil in 2014 and an all time low of 2,215 USD mil in 1995. When compared to Luxembourg's main peers, workers' remittances paid in Belgium amounted to 4,700 USD mil, 13,503 USD mil in France, 22,091 USD mil in Germany and 11,355 USD mil in Netherlands in 2017.
Luxembourg has been ranked 12th within the group of 142 countries we follow in terms of workers' remittances paid.
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by non-resident workers.