Workers' remittances paid reached 1,093 USD mil in 2017 in Malta, according to the National Statistical Office. This is 17.0 % more than in the previous year.
Historically, workers' remittances paid in Malta reached an all time high of 1,861 USD mil in 2009 and an all time low of 1.85 USD mil in 1993. When compared to Malta's main peers, workers' remittances paid in Greece amounted to 881 USD mil, 9,249 USD mil in Italy, 29.3 USD mil in Tunisia and 1,063 USD mil in Turkey in 2017.
Malta has been ranked 40th 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.