In 2012 in the EU271, flows of money sent by migrants to their country of origin, usually referred to as workers' remittances2, including both extra-EU27 and intra-EU27 flows, amounted to 38.8 billion euro. Almost three quarters of this total went outside the EU, with extra-EU27 flows of 28.4 bn and intra-EU27 flows of 10.3 bn. Over the last four years, workers' remittances have been stable at around 28 bn for extra-EU27 flows and 10 bn for intra-EU27 flows.
Among the Member States, the outflow of workers' remittances in 2012 was highest in France (8.8 bn euro, of which 69% were extra-EU flows), Italy (6.8 bn, 84% extra-EU), Spain (6.6 bn), the United Kingdom (6.3 bn, 78% extra-EU) and Germany (3.1 bn, 63% extra-EU). These five Member States accounted for more than 80% of total worker’s remittances of the EU27.
This News Release, issued by Eurostat, the statistical office of the European Union, presents data3 collected within the framework of Balance of Payments statistics.
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europa.eu