Workers' remittances paid reached 68.0 USD mil in 2017 in Seychelles, according to the National Statistical Office. This is 7.97 % more than in the previous year.
Historically, workers' remittances paid in Seychelles reached an all time high of 74.2 USD mil in 2015 and an all time low of 0.058 USD mil in 1993. When compared to Seychelles's main peers, workers' remittances paid in Madagascar amounted to 63.5 USD mil, 418 USD mil in Maldives and 720 USD mil in Mauritius in 2017.
Seychelles has been ranked 115th within the group of 142 countries we follow in terms of workers' remittances paid, 10 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.