Workers' remittances paid reached 112 USD mil in 2017 in Morocco, according to the National Statistical Office. This is 9.88 % less than in the previous year.
Historically, workers' remittances paid in Morocco reached an all time high of 124 USD mil in 2016 and an all time low of 11.4 USD mil in 1990. When compared to Morocco's main peers, workers' remittances paid in Algeria amounted to 69.1 USD mil, 53.1 USD mil in Mauritania, 362 USD mil in Spain and 29.3 USD mil in Tunisia in 2017.
Morocco has been ranked 105th within the group of 142 countries we follow in terms of workers' remittances paid, 1 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.