Remittances in Romania decreased to 399 EUR Million in June from 400 EUR Million in May of 2025. This dataset provides - Romania Remittances - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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 August of 2025.

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).

Roughly twice as many remittances left Italy in 2021 when compared to the same value that came into the country. Remittances refer to cross-border payments to family or friends and are often associated with migrant workers sending money back home to friends or relatives back in their communities of origin. It is estimated that about *** in ***** people worldwide are involved with remittances - substantially impacting payment behavior in, especially, Asia and Latin America. For Italy, the top five recipient countries for remittances in 2021 included Romania, France, Morocco, Nigeria, and China. Italy's **** main sources for remittances were Germany, the United States, France, Switzerland, and Canada.

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).

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.

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;

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.

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 July of 2025.

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.

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).

The value of personal remittances sent to Europe increased by roughly ***** percent between 2022 and 2023, according to the latest data. This is according to estimates made by the World Bank on data from the IMF that tracked the balance of payments between countries. All figures provided here have been summed from this individual country's data. The source adds that "personal remittances" consist of both personal transfers between resident and nonresident individuals, as well as the compensation of employees. By definition, then, the numbers shown here focus on migrant workers. In the case of Europe, this could include transfers sent between European countries, such as migrant workers from Romania working in Italy. Note that consumers with a second home abroad but who receive pensions from their country of origin - for example, UK pensioners living in Spain - can sometimes also be counted as remittances.

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 August of 2025.

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.

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.

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 July of 2025.

MoneyGram was used the most for outgoing remittances from Spain in 2024, making up about one in four remittances. This is according to a custom-made calculation from Statista, based on the number of reported remittance channels going away from Spain. The ***** countries to which Spain sends the highest value of remittances are France, Morocco, and Romania. 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.

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 August of 2025.

Remittances leaving Spain were over twice as high as the value of remittances sent to the European country in 2021. This is according to a country ranking that investigates the flow of such money transfers between individual countries. Remittances refer to cross-border payments to family or friends and are often associated with migrant workers sending money back home to friends or relatives back in their communities of origin. It is estimated that about one in ***** people worldwide are involved with remittances - substantially impacting payment behavior in, especially, Asia and Latin America. For Spain, the top five recipient countries for remittances in 2021 included France, Morocco, Romania, Ecuador, and Colombia. Spain's five main sources for remittances were France, Germany, the United Kingdom, the United States, and Argentina.

The share of digital remittances leaving Spain 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 Spain. The ***** countries Spain sends the highest value of remittances include France, Morocco, Romania. 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.