REMITTANCES
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Alpha Bank: Romania Had Highest Weight of Emigrants among EU States in 2024, But also One of the Highest Remittance-to-GDP Ratios in 2023
Romania in 2024 had the highest weight of emigrants among EU states, with 24% of the country’s population (4.6 million people) living abroad, but also one of the highest remittance-to GDP ratios, namely 2.8% in 2023, reveals an Alpha Bank analysis.
Foreign Direct Investments Exceeded Remittances of Romanian Expats
Central bank statistics show foreign direct investment in the fist five months of the year exceeded remittances from Romanian expats for the first time.
BNR: Remittances From Germany, USA Exceed Those From Spain In 2013
Romanians working in Germany and the United States transferred more money home in 2013 than those working in Spain, more numerous but poorly qualified and with lower salaries, while Italy ke...
Romania To Get Remittances Of $3.6B This Year – World Bank
Romania will receive $3.6 billion in remittances from Romanians working abroad, similar to last year’s estimate and much lower than the remittance flows received before the crisis, according...
Romanians Working Abroad No Longer Bring The Needed “Breath Of Fresh Air” For Residential Constructions
Romanians working abroad and who return home for their summer holiday are investing less money in the construction of new homes or in renovations than in previous years, say commune mayors a...
Romanians Working Abroad Saved EUR100B In Ten Years
The three million Romanians who worked in Western Europe over the past ten years saved EUR100 billion, four times as much as household savings in local banks.