Personal remittances, received in Portugal
Portugal: Personal remittances, received was 0.6% in 2024. ◆ Volatile
Personal remittances, received in Portugal, 1975–2024
Source: Staff estimates, World Bank (WB). Measured in % of GDP.
Analysis
The most recent figure for personal remittances, received in Portugal is 0.6%, measured in 2024.
The figure is down 1.1% on the previous year and up 119.6% over ten years.
Over the whole period, personal remittances, received in Portugal peaked at 9.3% in 1979 and was at its lowest, 0.2%, in 1999.
That places Portugal 145th out of 196 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Personal remittances, received in Portugal, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1975 | 5.8% | — |
| 1976 | 4.5% | -22.0% |
| 1977 | 5.6% | +22.8% |
| 1978 | 7.2% | +29.4% |
| 1979 | 9.3% | +29.3% |
| 1980 | 9.0% | -3.4% |
| 1981 | 9.0% | -0.3% |
| 1982 | 8.6% | -4.0% |
| 1983 | 8.0% | -7.0% |
| 1984 | 8.7% | +8.6% |
| 1985 | 8.0% | -8.5% |
| 1986 | 6.9% | -14.1% |
| 1987 | 7.0% | +2.1% |
| 1988 | 6.3% | -10.6% |
| 1989 | 6.1% | -2.2% |
| 1990 | 5.7% | -7.0% |
| 1991 | 5.3% | -7.1% |
| 1992 | 4.4% | -16.3% |
| 1993 | 4.5% | +2.6% |
| 1994 | 3.8% | -15.9% |
| 1995 | 3.3% | -12.4% |
| 1996 | 3.0% | -9.6% |
| 1997 | 3.0% | -1.4% |
| 1998 | 2.8% | -4.4% |
| 1999 | 0.2% | -93.2% |
| 2000 | 0.2% | +12.1% |
| 2001 | 0.3% | +29.0% |
| 2002 | 0.2% | -18.5% |
| 2003 | 0.2% | +1.4% |
| 2004 | 0.2% | -12.5% |
| 2005 | 0.2% | -3.6% |
| 2006 | 0.2% | +7.6% |
| 2007 | 0.3% | +20.3% |
| 2008 | 0.2% | -4.1% |
| 2009 | 0.2% | +0.5% |
| 2010 | 0.2% | -11.3% |
| 2011 | 0.3% | +18.7% |
| 2012 | 0.3% | -2.5% |
| 2013 | 0.2% | -0.7% |
| 2014 | 0.3% | +7.3% |
| 2015 | 0.3% | -2.9% |
| 2016 | 0.3% | +1.8% |
| 2017 | 0.3% | -0.1% |
| 2018 | 0.3% | +12.9% |
| 2019 | 0.3% | +17.1% |
| 2020 | 0.4% | +26.6% |
| 2021 | 0.5% | +20.8% |
| 2022 | 0.6% | +18.3% |
| 2023 | 0.6% | -6.0% |
| 2024 | 0.6% | -1.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 6.5% | 4.5% | 9.3% | 5 |
| 1980s | 7.8% | 6.1% | 9.0% | 10 |
| 1990s | 3.6% | 0.2% | 5.7% | 10 |
| 2000s | 0.2% | 0.2% | 0.3% | 10 |
| 2010s | 0.3% | 0.2% | 0.3% | 10 |
| 2020s | 0.6% | 0.4% | 0.6% | 5 |
Countries ranked near Portugal
More economy & growth data for Portugal
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 2.18 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 1.9 Percent per annum (2029)
- Final consumption expenditure (constant 2015 US$), per capita 18,807 constant 2015 US$ per person (2025)
- Gross national expenditure (current US$), annual growth rate 11.71 % change on previous year (2025)
- Gross national expenditure (current US$), per unit of GDP 0.9908 current US$ per US$ of GDP (2025)
- Gross national expenditure (current US$), per capita 31,787 current US$ per person (2025)
- Gross national expenditure (current LCU), annual growth rate 7.01 % change on previous year (2025)
- Gross national expenditure (current LCU), per unit of GDP 0.8769 current LCU per US$ of GDP (2025)
- Gross national expenditure (current LCU), per capita 28,131 current LCU per person (2025)
- Gross national expenditure (constant 2015 US$), annual growth rate 3.64 % change on previous year (2025)
Frequently asked questions
- What is personal remittances, received in Portugal?
- Personal remittances, received in Portugal was 0.6% in 2024, according to Staff estimates, World Bank (WB).
- What is the highest personal remittances, received recorded in Portugal?
- The highest recorded value was 9.3% in 1979.
- What is the lowest personal remittances, received recorded in Portugal?
- The lowest recorded value was 0.2% in 1999.
- How does Portugal rank for personal remittances, received?
- Portugal ranks 145th out of 196 countries with data for 2024.
- Is personal remittances, received rising or falling in Portugal?
- Over the last ten years it is up 119.6%. The long-run trend across the full record is volatile.
- Where does this Portugal data come from?
- The figures come from Staff estimates, World Bank (WB), published as part of Personal remittances, received (% of GDP). Statizoid updates them automatically from the source API.
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About this data
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.