Benin | Workers' remittances and compensation of employees, received (% of GDP)

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.
Publisher
The World Bank
Origin
Republic of Benin
Records
53
Source
Benin | Workers' remittances and compensation of employees, received (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974 1.33100621
1975 2.59888857
1976 4.01474059
1977 5.2237998
1978 6.0544191
1979 6.1473342
1980 5.47960448
1981 4.802502
1982 2.91454635
1983 4.00287515
1984 4.00195938
1985 3.852703
1986 3.80376046
1987 3.85465599
1988 4.38925673
1989 6.07979991
1990 5.15567401
1991 5.93879797
1992 8.04020543
1993 4.78747863
1994 5.59935522
1995 4.61527901
1996 3.65116154
1997 3.14055458
1998 3.67912899
1999 3.07959582
2000 3.69055463
2001 3.34508555
2002 2.71510488
2003 1.55620676
2004 1.55555127
2005 3.37036185
2006 4.15507619
2007 4.36730144
2008 3.12087633
2009 1.91264561
2010 2.1260175
2011 2.5304757
2012

Benin | Workers' remittances and compensation of employees, received (% of GDP)

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.
Publisher
The World Bank
Origin
Republic of Benin
Records
53
Source