Workers' remittances paid reached 381 USD mil in 2017 in Portugal, according to the National Statistical Office. This is 1.24 % more than in the previous year.
Historically, workers' remittances paid in Portugal reached an all time high of 627 USD mil in 2011 and an all time low of 8.25 USD mil in 1984. When compared to Portugal's main peers, workers' remittances paid in France amounted to 13,503 USD mil, 1,614 USD mil in Ireland, 112 USD mil in Morocco and 362 USD mil in Spain in 2017.
Portugal has been ranked 66th within the group of 142 countries we follow in terms of workers' remittances paid, 11 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.