Workers' remittances paid reached 418 USD mil in 2017 in Maldives, according to the National Statistical Office. This is 11.0 % more than in the previous year.
Historically, workers' remittances paid in Maldives reached an all time high of 418 USD mil in 2017 and an all time low of 0.200 USD mil in 1980. When compared to Maldives's main peers, workers' remittances paid in India amounted to 6,959 USD mil, 5,203 USD mil in Indonesia and 944 USD mil in Sri Lanka in 2017.
Maldives has been ranked 65th within the group of 142 countries we follow in terms of workers' remittances paid, 3 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.