Remittances received — all countries

Remittances received — Portugal

Remittances received in Portugal in 2024 — 1,841,653,246 US$. Ranked 65 in the world out of 160. Since 1975, the indicator has risen by 63.4%.

2024 1.84B US$ +6.12% vs 2023
World rank 65of 160
Period maximum 4.76B US$1992
Period minimum 248M US$1999

Trend over time

1975–2024 · US$

Remittances received — Portugal, 1975–202402B4B6B197519801985199019952000200520102015202020241975: 1,127,104,004 US$1976: 924,339,478 US$1977: 1,197,053,955 US$1978: 1,697,034,912 US$1979: 2,486,267,578 US$1980: 2,968,488,037 US$1981: 2,876,444,824 US$1982: 2,635,154,053 US$1983: 2,187,293,945 US$1984: 2,199,776,855 US$1985: 2,163,800,537 US$1986: 2,654,412,598 US$1987: 3,371,763,184 US$1988: 3,524,135,010 US$1989: 3,705,802,979 US$1990: 4,478,965,820 US$1991: 4,717,690,918 US$1992: 4,762,224,121 US$1993: 4,315,121,582 US$1994: 3,805,934,326 US$1995: 3,952,520,160 US$1996: 3,708,172,450 US$1997: 3,487,517,949 US$1998: 3,531,591,603 US$1999: 248,140,558 US$2000: 258,747,232 US$2001: 342,123,730 US$2002: 309,037,743 US$2003: 384,011,510 US$2004: 385,229,332 US$2005: 386,598,230 US$2006: 440,128,946 US$2007: 609,952,879 US$2008: 640,917,116 US$2009: 598,188,764 US$2010: 516,896,598 US$2011: 631,366,042 US$2012: 543,340,059 US$2013: 564,734,515 US$2014: 615,196,567 US$2015: 516,849,372 US$2016: 545,320,433 US$2017: 583,072,771 US$2018: 721,713,702 US$2019: 838,080,798 US$2020: 1,014,602,356 US$2021: 1,367,098,973 US$2022: 1,622,496,814 US$2023: 1,735,480,385 US$2024: 1,841,653,246 US$
Change over the period: +715M (+63.4%) Average annual rate: 1.01 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: Portugal

Portugal 1.84B US$
World 857B US$
Southern Europe computed 42.97B US$
High-income countries computed 199B US$
Remittances received — Portugal, by year Portugal All countries CSV XLSX
Year US$ Change Change, %
2024 1.84B +106M +6.12%
2023 1.74B +113M +6.96%
2022 1.62B +255M +18.68%
2021 1.37B +352M +34.74%
2020 1.01B +177M +21.06%
2019 838M +116M +16.12%
2018 722M +139M +23.78%
2017 583M +37.75M +6.92%
2016 545M +28.47M +5.51%
2015 517M −98.35M −15.99%
2014 615M +50.46M +8.94%
2013 565M +21.39M +3.94%
2012 543M −88.03M −13.94%
2011 631M +114M +22.15%
2010 517M −81.29M −13.59%
2009 598M −42.73M −6.67%
2008 641M +30.96M +5.08%
2007 610M +170M +38.59%
2006 440M +53.53M +13.85%
2005 387M +1.37M +0.36%
2004 385M +1.22M +0.32%
2003 384M +74.97M +24.26%
2002 309M −33.09M −9.67%
2001 342M +83.38M +32.22%
2000 259M +10.61M +4.27%
1999 248M −3.28B −92.97%
1998 3.53B +44.07M +1.26%
1997 3.49B −221M −5.95%
1996 3.71B −244M −6.18%
1995 3.95B +147M +3.85%
1994 3.81B −509M −11.8%
1993 4.32B −447M −9.39%
1992 4.76B +44.53M +0.94%
1991 4.72B +239M +5.33%
1990 4.48B +773M +20.86%
1989 3.71B +182M +5.15%
1988 3.52B +152M +4.52%
1987 3.37B +717M +27.02%
1986 2.65B +491M +22.67%
1985 2.16B −35.98M −1.64%
1984 2.2B +12.48M +0.57%
1983 2.19B −448M −17%
1982 2.64B −241M −8.39%
1981 2.88B −92.04M −3.1%
1980 2.97B +482M +19.4%
1979 2.49B +789M +46.51%
1978 1.7B +500M +41.77%
1977 1.2B +273M +29.5%
1976 924M −203M −17.99%
1975 1.13B

About the indicator

Personal remittances received by a country: the earnings of labor migrants sent home, plus transfers between households. For a couple of dozen countries this flow is larger than any single export item, and for several it exceeds a fifth of GDP — remittances then become the main external link of the economy, steadier than both direct investment and foreign aid: in a crisis they usually do not fall but rise, because migrants send their families more.

Important: Only transfers through banks and money transfer systems are counted. Cash brought in person does not reach the statistics, so the real volumes are higher — by estimates, noticeably so.

Source: World Development Indicators (World Bank), license CC BY 4.0.