Workers' remittances paid reached 362 USD mil in 2017 in Spain, according to the National Statistical Office. This is 19.2 % more than in the previous year.
Historically, workers' remittances paid in Spain reached an all time high of 1,017 USD mil in 1998 and an all time low of 1.25 USD mil in 1978. When compared to Spain's main peers, workers' remittances paid in France amounted to 13,503 USD mil, 9,249 USD mil in Italy, 112 USD mil in Morocco and 381 USD mil in Portugal in 2017.
Spain has been ranked 71st within the group of 142 countries we follow in terms of workers' remittances paid, 33 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.