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Personal remittances statistics
This article presents statistics and comments on recent developments relating to international remittances in the European Union (EU). It refers in particular to personal remittances according to the concept of the Balance of payments and international investment position manual (BPM6). The data situation currently only allows the production of approximate figures on personal remittances. This refers to the narrowest concept of international remittances, which are "personal remittances" and it is based on two standard components – personal transfers and compensation of employees.