Romania recorded inflows from personal transfers made by Romanians living abroad worth EUR 2.83 billion in 2017, the third-highest amount in the European Union (EU), after Portugal (EUR 3.55 billion) and Poland (EUR 3.05 billion), according to Eurostat data.

The personal transfers made by Romanians living in other EU countries amounted to EUR 2.45 billion while those from outside EU totaled EUR 362 million.

Meanwhile, personal transfers made from Romania to other countries totaled EUR 252 million, EUR 77 million of which went outside the EU.

Romania thus recorded net inflows from personal transfers worth EUR 2.57 billion, ranking third after Portugal (EUR 3.04 billion) and Poland (EUR 2.8 billion). Meanwhile, France saw by far the highest net outflows from personal transfers, namely EUR 10.1 billion, almost 80% of which went outside the EU.

Over 19,000 Romanians went to work abroad in H1

editor@romania-insider.com

(photo source: Pexels.com)