Polish emigrants transfered in 2014 1.7% of GDP

Poland ranks 18th in terms of the value of received money transfers. According to the World Bank, $7.5 billion was transferred to Poland last year, which accounts for 1.7 percent of Polish GDP, bankier.pl informed. As many as $1.7 billion was transferred outside our country in the same period. The largest amount was sent to France and to Germany, $329 million and $310 million respectively, MoneyGram indicated in a report. What is interesting, Polish emigrants living in Germany (over $2.3 billion), not in the UK (nearly $1.2 billion) transferred the largest amounts home. According to NBP, Poles sent to their home country around PLN 16 billion in 2014, but that data includes only bank transfers.