Observatório da Emigração

Remittances 2020

OEm_FactSheet_12_2021_R...
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OEm_FactSheet_12_2021_Remessas2020_Quadr1

Inês Vidigal *

The value of remittances recorded in Portugal suffered a decrease in 2020 (-1.4%), after ten consecutive years of growth. Emigrants' remittances remained above three billion euros, which corresponded to 1.8% of GDP. Together, the two countries where most Portuguese live, France and Switzerland, were also the countries of origin of more than half of the remittances inflows. Conversely, almost half of remittances sent abroad by immigrants living in Portugal went to Brazil. Portugal was, in 2018, the 35th country in the world that received more remittances. However, the degree of economic dependence on emigration remittances has declined in recent decades and today is low by international standards.

Series OEm Fact Sheets
Number 12
Date Mach 2021
Pages 22
ISNN  2183-4385
DOI  10.15847/CIESOEMFS122021
URI  http://hdl.handle.net/10071/22447
Keywords  Remittances, Portuguese emigration
Index  Remittances received in Portugal and sent from Portugal in 2020. Evolution of remittances received in Portugal between 1996 and 2020. Remittances of emigrants, international comparison, 2018. Note on the data
Cite as  Vidigal, Inês (2021), “Remessas 2020”, OEm Fact Sheets, 12, Observatório da Emigração, CIES, Iscte, Instituto Universitário de Lisboa. DOI: 10.15847/CIESOEMFS122021.

Chart 1 Remittances received in Portugal, main countries of origin of transfers, 2020

Nota Emigrants' remittances from these ten countries represent 96% of the total value of remittances received in Portugal.

Source Chart by Observatório da Emigração [Emigration Observatory], data from the Banco de Portugal

* Instituto Universitário de Lisboa (ISCTE-IUL), Centro de Investigação e Estudos de Sociologia (CIES-IUL), Lisboa, Portugal.

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