Ver Angola


Emigrants in the PALOP sent 312.76 million euros in 2023

Portuguese emigrants working in Portuguese-speaking African Countries (PALOP) sent 312.76 million euros last year, which represents a reduction of 1.36 percent compared to the 317.06 million sent in 2022, but still well above the 260.55 million sent in 2021.

: Jornal de Negócios
Jornal de Negócios  

As usual, Portuguese people working in Angola represent almost all of these funds, having sent 303.55 million euros, which represents a drop of 1.65 percent compared to the 308.4 million sent in 2022 to Portugal.

Overall, remittances from emigrants rose 2.4 percent last year, to 3,985 million euros, once again breaking the record, while funds sent by foreigners working in Portugal grew 7.39 percent, to 570 million.

According to data from the Bank of Portugal, consulted this Tuesday by Lusa, Portuguese people working abroad sent 3,985.57 million euros last year, which represents an increase of 2.4 percent compared to 3,892, 26 sent in 2022.

As is usual in recent years, remittances from emigrants broke the record again last year, as in 2021 the amount sent by Portuguese workers abroad was 3,707.77 million euros.

In relation to foreigners working in Portugal, the amount sent to their countries of origin last year was 570.19 million euros, which represents an increase of 7.39 percent compared to the 530.96 million sent in 2022 and above the 504.17 million sent in 2021, confirming the trend of increasing foreign labor in Portugal.

Among them, Brazilian workers in Portugal stand out, who sent practically half of the total remittances, with 281.35 million euros, which shows an increase of 8.42 percent compared to the 259.49 million sent in 2022 and the 239.34 million euros sent in 2021 to Brazil.

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