Observatório da Emigração

Remittances 2018

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OEm_FactSheet_09_2019_Remessas2018_Quadr1

Inês Vidigal

In 2018, remittances amounted to more than three billion euros, corresponding to about 1.8% of GDP. Together, the two main destination countries of Portuguese emigration, France and Switzerland, were also the countries of origin of more than half of remittances inflows. Conversely, almost half of remittances sent abroad by immigrants living in Portugal went to Brazil. From 2017 to 2018 there was a significantly increase of the value of remittances received in Portugal: more than 34% in nominal terms. Portugal was, in 2017, the 31st country in the world that received more remittances. However, the degree of economic dependence on emigration remittances has declined in recent decades and today is low by international standards.+

Series OEm Fact Sheets
Number 09
Date November 2019
Pages 22
ISNN  2183-4385
DOI  10.15847/CIESOEMFS092019
URI  http://hdl.handle.net/10071/19226
Keywords  Remittances, Portuguese emigration
Index  Remittances received in Portugal and sent from Portugal in 2018. Evolution of remittances received in Portugal between 1996 and 2018. Remittances of emigrants, international comparison, 2017. Note on the data
Cite as  Vidigal, Inês (2019), “Remessas 2018”, OEm Fact Sheets, 9, Observatório da Emigração, CIES-IUL, ISCTE-IUL. DOI: 10.15847/CIESOEMFS092019.

Chart 4 Comparison between the evolution of remittances received in Portugal and the evolution of GDP and exports, 1996-2018

Source Chart by Observatório da Emigração [Emigration Observatory], data from the Banco de Portugal (remittances) and the Instituto Nacional de Estatística (GDP and exports)

* Instituto Universitário de Lisboa (ISCTE-IUL), Centro de Investigação e Estudos de Sociologia (CIES-IUL), Lisboa, Portugal.

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