Workers' remittances paid reached 817 USD mil in 2017 in New Zealand, according to the National Statistical Office. This is 8.31 % more than in the previous year.
Historically, workers' remittances paid in New Zealand reached an all time high of 817 USD mil in 2017 and an all time low of 52.6 USD mil in 1972. When compared to New Zealand's main peers, workers' remittances paid in Australia amounted to 6,766 USD mil, 5,203 USD mil in Indonesia, 2,758 USD mil in Malaysia and 246 USD mil in Philippines in 2017.
New Zealand has been ranked 51st within the group of 142 countries we follow in terms of workers' remittances paid, 8 places behind 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.