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EU Sees 8% Rise in Personal Transfer Outflows

2/6/2025

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Summary

Story summary

In 2023, EU personal transfer outflows increased by 8% to €50.9 billion.
Asia and non-EU Europe each received 21% of these outflows, totaling €10.7 billion and €10.6 billion.
Inflows to the EU rose slightly to €13.9 billion, leading to a negative balance of €37.0 billion.
Non-EU Europe accounted for 50% of inflows, with North America contributing 21%.

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Story summary

In 2023, EU personal transfer outflows increased by 8% to €50.9 billion.
Asia and non-EU Europe each received 21% of these outflows, totaling €10.7 billion and €10.6 billion.
Inflows to the EU rose slightly to €13.9 billion, leading to a negative balance of €37.0 billion.
Non-EU Europe accounted for 50% of inflows, with North America contributing 21%.