Workers' remittances paid reached 1,033 USD mil in 2017 in South Africa, according to the National Statistical Office. This is 15.1 % more than in the previous year.
Historically, workers' remittances paid in South Africa reached an all time high of 1,423 USD mil in 2011 and an all time low of 237 USD mil in 1970. When compared to South Africa's main peers, workers' remittances paid in Botswana amounted to 67.9 USD mil, 88.4 USD mil in Namibia and 19.5 USD mil in Swaziland in 2017.
South Africa has been ranked 43rd 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.