Ver Angola

Economy

Portuguese remittances in Angola rose 11.4 percent in 2019

Remittances from Portuguese emigrants working in Angola rose 11.38 percent last year, to 248.38 million euros, while Angolans working in Portugal sent 9.35 million, down 4.69 percent compared to 2018.

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According to data from Banco de Portugal, emigrants in Angola sent 248.38 million euros to Portugal during the past year, which shows an increase of 11.38 percent compared to the 223 million euros they had sent in 2018 .

Angolans working in Portugal, for their part, sent 9.35 million euros to Angola in 2019, which shows a 4.69 percent decrease compared to the 9.81 million euros sent the previous year.

Worldwide, remittances from Portuguese emigrants rose by 1.14 percent last year, to 3645 million euros, while funds sent by foreigners working in Portugal fell by 10.19 percent to 478.4 million euros. euros.

The Portuguese working abroad sent 3,645 million euros to Portugal over the past year, which shows an increase of 1.14 percent compared to the 3,604 million euros sent in 2018.

Conversely, foreigners working in Portugal sent 478.4 million euros to their countries of origin in 2019, representing a decrease of 10.19 percent compared to the 532.7 million euros sent over the year. previous.

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