{"id":234839,"date":"2025-12-16T00:25:25","date_gmt":"2025-12-16T00:25:25","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/234839\/"},"modified":"2025-12-16T00:25:25","modified_gmt":"2025-12-16T00:25:25","slug":"personal-transfers-e52-1-bn-sent-outside-eu-in-2024-news-articles","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/234839\/","title":{"rendered":"Personal transfers: \u20ac52.1 bn sent outside EU in 2024 – News articles"},"content":{"rendered":"

In 2024, flows of money sent by EU<\/a> resident households to non-EU resident households, referred to as personal transfers<\/a>, amounted to \u20ac52.1 billion, an increase of 6% compared with 2023 (\u20ac49.2 billion). Inflows of personal transfers to EU resident households totalled \u20ac14.8 billion, up by 7% compared with 2023 (\u20ac13.8 billion).\u00a0<\/p>\n

In the last 5 years, a substantial growth in outflows of personal transfers has been observed. Outflows have surged by 51%, while inflows have grown more modestly, increasing by 26%. As a result, there has been a widening negative balance for the EU vis-\u00e0-vis non-EU countries, reaching \u20ac37.3 billion in 2024.<\/p>\n

This information comes from data<\/a> published by Eurostat today. This article presents a selection of findings from the more detailed Statistics Explained article on personal transfers and compensation of employees<\/a>.<\/p>\n

\"Flows<\/a><\/p>\n

Source dataset: bop_rem6<\/a><\/p>\n

Impact of net personal transfers on the EU economies<\/p>\n

In 2024, personal transfers were in surplus for 9 EU countries as their inflows from the rest of the world exceeded their outflows. Among those countries, 3 reported a surplus representing more than 1% of their respective gross domestic product<\/a> (GDP): Croatia (2.6% of GDP), Bulgaria (1.3%) and Portugal (1.2%).<\/p>\n

\n

Source datasets: bop_rem6<\/a> and nama_10_gdp<\/a><\/p>\n

In contrast, Malta (-2.8%), Cyprus (-0.9%), Belgium (-0.6%), Greece, Spain and France (each -0.5%) exhibited the largest deficits of personal transfers as a share of their respective GDP.<\/p>\n","protected":false},"excerpt":{"rendered":"In 2024, flows of money sent by EU resident households to non-EU resident households, referred to as personal…\n","protected":false},"author":2,"featured_media":234840,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[110015,79,5720,179,20164,18,19,17],"class_list":{"0":"post-234839","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-bop","9":"tag-business","10":"tag-data-driven-news","11":"tag-economy","12":"tag-economy-and-finance","13":"tag-eire","14":"tag-ie","15":"tag-ireland"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115726406707111332","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/234839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=234839"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/234839\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/234840"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=234839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=234839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=234839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}