Workers' remittances paid reached 18.7 USD mil in 2017 in Palestine, according to the National Statistical Office. This is 41.4 % less than in the previous year.
Historically, workers' remittances paid in Palestine reached an all time high of 54.3 USD mil in 2013 and an all time low of 4.90 USD mil in 2001. When compared to Palestine's main peers, workers' remittances paid in Egypt amounted to 271 USD mil, 5,967 USD mil in Israel, 673 USD mil in Jordan and 4,454 USD mil in Lebanon in 2017.
Palestine has been ranked 135th within the group of 142 countries we follow in terms of workers' remittances paid, 2 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.