Personal money transfers: Which EU country sends the most outside the bloc?

The amount of money sent outside the EU by people who live within it keeps growing every year and is significantly higher than the money inflow.

Transcript

00:00Personal money transfers, which EU country sends the most outside the bloc?

00:12The amount of money individuals are sending outside the European Union is growing rapidly.

00:19Since 2018, it jumped by 20 billion euros, reaching a record figure of 50 billion euros in 2023.

00:30That is a significant difference with money transfers received by residents in the EU,

00:37which totaled only 14 billion euros last year, a number that has remained fairly stable since 2018.

00:48All countries with a positive balance, meaning that they received more money in transfers than they sent,

00:56were in Eastern Europe, with nearly half being EU candidate members.

01:03Serbia tops the list, followed by Romania, Croatia, Bosnia and Herzegovina, Bulgaria, Kosovo and Albania.

01:14France has the most negative balance of payments, minus 15.7 billion euros,

01:21followed by Spain, minus 8 billion, and Germany, minus 7.4 billion.