Portugal
Inward remittancesGlobal rank #18
$12.6B
Outward remittancesGlobal rank #64
$445M
Net remittance positionNet recipient2024
$12.2B
Inflows are 28.30× outflows
Inward vs. outward remittance trends
Annual nominal transfers in billions USD (2000–2024)
OutwardInward
| Year | Inward ($B) | Outward ($B) | Net Position ($B) |
|---|---|---|---|
| 2000 | 3.71 | 0.20 | 3.51 |
| 2001 | 4.02 | 0.25 | 3.77 |
| 2002 | 3.52 | 0.26 | 3.27 |
| 2003 | 3.85 | 0.26 | 3.59 |
| 2004 | 4.38 | 0.38 | 4.01 |
| 2005 | 4.33 | 0.44 | 3.89 |
| 2006 | 4.91 | 0.45 | 4.47 |
| 2007 | 5.81 | 0.35 | 5.47 |
| 2008 | 6.41 | 0.39 | 6.03 |
| 2009 | 5.52 | 0.52 | 5.00 |
| 2010 | 5.47 | 0.51 | 4.96 |
| 2011 | 6.23 | 0.67 | 5.56 |
| 2012 | 6.65 | 0.56 | 6.09 |
| 2013 | 7.43 | 0.56 | 6.87 |
| 2014 | 8.46 | 0.51 | 7.95 |
| 2015 | 7.47 | 0.42 | 7.05 |
| 2016 | 7.52 | 0.34 | 7.18 |
| 2017 | 8.62 | 0.35 | 8.26 |
| 2018 | 9.23 | 0.32 | 8.92 |
| 2019 | 9.67 | 0.32 | 9.35 |
| 2020 | 10.47 | 0.31 | 10.16 |
| 2021 | 11.91 | 0.39 | 11.52 |
| 2022 | 11.53 | 0.30 | 11.23 |
| 2023 | 12.11 | 0.37 | 11.74 |
| 2024 | 12.60 | 0.45 | 12.16 |
Corridor cost and speed
Fee, FX margin, total cost and transfer speed for money received into Portugal.
No surveyed corridors are available for this perspective.
Sources
| Dataset | Source / Publisher | Release / Period | Link |
|---|---|---|---|
| Remittance Flows Datasets | World Bank | July 2025 | Open |
| Remittance Prices Worldwide | World Bank | Q3 2025 | Open |
Methodology
Figures shown on this page include calculations derived from the underlying datasets.
View full methodology