Hungarians Working Abroad Send Home Remittances Worth 1.8% Of GDP
- 15 Jan 2014 9:00 AM
Up to October last year, 2,403 million US dollars arrived in Hungary from remittances sent by Hungarians working abroad, equal to 1.8% of economic output, according to World Bank data.
In Poland the ratio was 1.4%, in Romania and Slovakia 2.1% while in the Czech Republic the same proportion was 1%, Népszava daily said, reporting on the figures.
Altogether 462,000 Hungarians have emigrated, representing 4.6% of the population.
The most favoured destinations are Germany and the United Kingdom.
Source www.hungarymatters.hu
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