How Much Money Was Actually Sent to Third Countries from EU Residents in 2018?
In 2018, the sum of financial transfers made by individuals who are residents of the European Union to countries outside the EU amounted to EUR €35.6 billion, which is EUR €3 billion more than in 2017.
According to Eurostat, the amount of funds received in the EU in 2018 amounted to EUR €10.9 billion, i.e. the same as in 2017. Most of these transfers are sent by migrants to the countries of their origin.
Therefore, the amount of cash flowing from the EU exceeds the amount received by EUR €24.6 billion.
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