Workers' remittances paid reached 271 USD mil in 2017 in Slovakia, according to the National Statistical Office. This is 12.0 % more than in the previous year.
Historically, workers' remittances paid in Slovakia reached an all time high of 271 USD mil in 2017 and an all time low of 1.51 USD mil in 1993. When compared to Slovakia's main peers, workers' remittances paid in Austria amounted to 5,475 USD mil, 2,060 USD mil in Czech Republic, 922 USD mil in Hungary and 5,865 USD mil in Poland in 2017.
Slovakia has been ranked 82nd within the group of 142 countries we follow in terms of workers' remittances paid, 12 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.