Benin | Workers' remittances and compensation of employees, received (current US$)
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year. Data are in current U.S. dollars.
Publisher
The World Bank
Origin
Republic of Benin
Records
53
Source
Benin | Workers' remittances and compensation of employees, received (current US$)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974 7382490.635
1975 17591100.69
1976 28039279.94
1977 39181098.94
1978 56236076.35
1979 72921585.08
1980 77002243.04
1981 62006073
1982 36949996.95
1983 43845420.84
1984 42065956.12
1985 40288208.01
1986 50822120.67
1987 60225616.46
1988 71116760.25
1989 91336494.45
1990 101049423.2
1991 117970527.6
1992 136306823.7
1993 108893981.9
1994 89481948.85
1995 100134346
1996 86208175.66
1997 71237251.28
1998 90326026.92
1999 76647827.15
2000 87064697.27
2001 83602699.28
2002 76230842.59
2003 55357849.12
2004 63013359.07
2005 146880908.45
2006 195499968.58
2007 240475668.64
2008 207025261.2
2009 125950289.46
2010 139433078.85
2011 184595682.81
2012
Benin | Workers' remittances and compensation of employees, received (current US$)
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year. Data are in current U.S. dollars.
Publisher
The World Bank
Origin
Republic of Benin
Records
53
Source