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Remittances in Romania decreased to 508 EUR Million in August from 718 EUR Million in July of 2025. This dataset provides - Romania Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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Remittance inflows to GDP (%) in Romania was reported at 3.0563 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources. Romania - Remittance inflows to GDP - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.
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Graph and download economic data for Remittance Inflows to GDP for Romania (DISCONTINUED) (DDOI11ROA156NWDB) from 1994 to 2014 about Romania, remittances, and GDP.
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Romania RO: BOP: Current Account: Personal Remittances: Received data was reported at 4.299 USD bn in 2017. This records an increase from the previous number of 3.489 USD bn for 2016. Romania RO: BOP: Current Account: Personal Remittances: Received data is updated yearly, averaging 661.925 USD mn from Dec 1994 (Median) to 2017, with 24 observations. The data reached an all-time high of 4.299 USD bn in 2017 and a record low of 9.000 USD mn in 1995. Romania RO: BOP: Current Account: Personal Remittances: Received data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Romania – Table RO.World Bank: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.; ; World Bank staff estimates based on IMF balance of payments data.; Sum; Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
Personal remittances, received (% of GDP) of Romania dropped by 12.42% from 3 % in 2023 to 2 % in 2024. Since the 5.13% jump in 2021, personal remittances, received (% of GDP) plummeted by 21.78% in 2024. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.
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Romania: Remittances as percent of GDP: Pour cet indicateur, La Banque mondiale fournit des données pour la Romania de 1994 à 2023. La valeur moyenne pour Romania pendant cette période était de 1.31 pour cent avec un minimum de 0.02 pour cent en 1995 et un maximum de 3.24 pour cent en 2019.
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Romania RO: BOP: Current Account: Personal Remittances: Paid data was reported at 363.799 USD mn in 2017. This records an increase from the previous number of 308.966 USD mn for 2016. Romania RO: BOP: Current Account: Personal Remittances: Paid data is updated yearly, averaging 31.502 USD mn from Dec 1994 (Median) to 2017, with 24 observations. The data reached an all-time high of 638.204 USD mn in 2014 and a record low of 1.000 USD mn in 1997. Romania RO: BOP: Current Account: Personal Remittances: Paid data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Romania – Table RO.World Bank: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.; ; World Bank staff estimates based on IMF balance of payments data.; Sum; Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
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Personal remittances, received (% of GDP) in Romania was reported at 2.4881 % in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Romania - Workers' remittances and compensation of employees, received (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.
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Romania RO: Average Transaction Cost of Sending Remittances to a Specific Country data was reported at 5.076 % in 2017. This records a decrease from the previous number of 5.640 % for 2016. Romania RO: Average Transaction Cost of Sending Remittances to a Specific Country data is updated yearly, averaging 6.636 % from Dec 2011 (Median) to 2017, with 7 observations. The data reached an all-time high of 7.310 % in 2013 and a record low of 5.076 % in 2017. Romania RO: Average Transaction Cost of Sending Remittances to a Specific Country data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Romania – Table RO.World Bank.WDI: Payment System. Average transaction cost of sending remittance to a specific country is the average of the total transaction cost in percentage of the amount sent for sending USD 200 charged by each single remittance service provider (RSP) included in the Remittance Prices Worldwide (RPW) database to a specific country.; ; World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org; Unweighted average;
2 (%) in 2024. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.
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Account used to receive remittances (% age 15+) in Romania was reported at 9.491 % in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Romania - Account used to receive remittances (% age 15+) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.
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Romania: Remittances, million USD: Pour cet indicateur, La Banque mondiale fournit des données pour la Romania de 1994 à 2024. La valeur moyenne pour Romania pendant cette période était de 3125.89 million U.S. dollars avec un minimum de 9 million U.S. dollars en 1995 et un maximum de 9965.02 million U.S. dollars en 2023.
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Romania RO: BOP: Current Account: Personal Remittances: Received: % of GDP data was reported at 2.030 % in 2017. This records an increase from the previous number of 1.858 % for 2016. Romania RO: BOP: Current Account: Personal Remittances: Received: % of GDP data is updated yearly, averaging 0.381 % from Dec 1994 (Median) to 2017, with 24 observations. The data reached an all-time high of 2.030 % in 2017 and a record low of 0.024 % in 1995. Romania RO: BOP: Current Account: Personal Remittances: Received: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Romania – Table RO.World Bank: Balance of Payments: Current Account. Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.; ; World Bank staff estimates based on IMF balance of payments data, and World Bank and OECD GDP estimates.; Weighted Average; Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).
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Personal transfers, receipts (BoP, current US$) in Romania was reported at 5292720720 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Romania - Workers' remittances, receipts (BoP, current US$) - actual values, historical data, forecasts and projections were sourced from the World Bank on September of 2025.
1,78,82,85,431 (US dollars) in 2024. Workers' remittances and compensation of employees received are current transfers by migrant workers and wages and salaries of nonresident workers. Data are in current U.S. dollars.
MoneyGram was used the most for outgoing remittances from Italy in 2024, ahead of several other MTOs and bank options within the country. This is according to a custom-made calculation from Statista, based on the number of reported remittance channels going away from Italy. The three countries to which Italy sends the highest value of remittances are Romania, France, and Morocco. Remittances are a relatively uncharted topic, though. While figures exist on the total traffic between individual countries ("corridors"), exact numbers on how much of this comes from banks, money transfer organizations (MTOs), or digital sources (blockchain, etc.) is typically not known. All figures on remittances are therefore estimates.
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Personal remittances, paid (current US$) in Romania was reported at 1788285431 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Romania - Workers' remittances and compensation of employees, paid - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.
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The empirical study is based on panel data, in order to demonstrate the determinants of the remittance inflows, from the states where Romanian migrant workers sent more than 1% of Romania's total remittances during the period 2010-2017. Though these states comprise USA and Canada, we decided to perform the econometric research only for European states, due to the significant comparative difference between the mobility conditions: the migration policy of the US and Canada is selective, with a visa regime, while there are no barriers to free movement and selectivity at the level of the European states and Israel.
The share of digital remittances leaving Italy was slightly higher in 2024 than in previous years, taking up the majority of money transfers. This is according to a custom-made calculation from Statista, based on the number of reported remittance channels going away from Italy. The ***** countries Italy sends the highest value of remittances include Romania, France, Morocco. Remittances are a relatively uncharted topic, though. While figures exist on the total traffic between individual countries ("corridors"), exact numbers on how much of this comes from banks, money transfer organizations (MTOs), or digital sources (blockchain, etc.) is typically not known. All figures on remittances are therefore estimates.
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Personal remittances, received (current US$) in Romania was reported at 9523551276 USD in 2024, according to the World Bank collection of development indicators, compiled from officially recognized sources. Romania - Workers' remittances and compensation of employees, received - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.
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Remittances in Romania decreased to 508 EUR Million in August from 718 EUR Million in July of 2025. This dataset provides - Romania Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news.