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Friday 18 June 2021
HomeNewsTunisia: expat remittances hit nearly €750 million until end May

Tunisia: expat remittances hit nearly €750 million until end May

Expat remittances amounted to more than 2.3 billion dinars until end May 2021, according to data from the Central Bank of Tunisia (BCT).

These remittances posted an increase of 19.5% compared to the first five months of 2020 and 28.1% compared to the same period in 2019.

As such, remittances reach a historical high and represent the equivalent of 2% of GDP after 1.6% of GDP at the end of May 2019.

In foreign currency, they amounted to nearly €750 million compared to 547 million euros at the end of May 2019.

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