According to data from the Bank of Portugal, made available this Friday on the regulator's website, Portuguese emigrants working in Angola sent 32.36 million euros in June this year, which shows an increase of 52.9 percent. compared to the 21.1 million euros sent in June last year.
This increase in funds sent in June contributed to the increase in the total for the first half, which rose from 99.6 million euros, from January to June of last year, to 125.1 million euros in the same period this year.
As usual, remittances from Angola represent the vast majority of the total Portuguese-speaking African Countries (PALOP), for which there are no country-specific monthly data.
Thus, Portuguese emigrants in the PALOP sent 129.2 million euros to Portugal in the first half, which shows an increase of 25.1 percent compared to the 103.3 million euros sent in the first six months of last year.
Globally, remittances from emigrants rose 5.6 percent in the first half of this year, from 1,749 million euros in the first six months of 2021 to 1,848 million euros by June this year.
According to data from the financial regulator, remittances sent by Portuguese working abroad rose 2.72 percent in June this year compared to the same period last year, contributing to the 5.6 percent rise in the first half of this year, in compared to the same period last year.
The figures made available this Friday on the Banco de Portugal website also show that, in the opposite direction, foreigners working in Portugal sent 265.5 million euros to their countries of origin, which shows an increase of 8.3 percent compared to the 245.09 million sent in the first six months of last year.
Looking only at June, the last month for which data are available, immigrants sent 47.9 million euros to their countries, which shows an increase of 4.8 percent compared to the 45.7 million sent in June of the last year.