Cape Verde | 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 Cabo Verde
Records
53
Source
Cape Verde | Workers' remittances and compensation of employees, received (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
28.16568034 1980
22.6552783 1981
18.38290065 1982
14.83864149 1983
15.61732575 1984
15.07100499 1985
14.45575722 1986
15.48374229 1987
16.17128095 1988
17.83537851 1989
19.2708043 1990
19.5000797 1991
21.28255769 1992
15.59719643 1993
21.01763655 1994
21.73069513 1995
19.99081655 1996
15.57586806 1997
14.12915543 1998
13.35253858 1999
16.11676842 2000
14.37719951 2001
13.70098761 2002
13.33448645 2003
12.26382085 2004
14.05885136 2005
12.33085148 2006
10.43221036 2007
9.93204794 2008
8.54235846 2009
7.89121898 2010
9.28462857 2011
2012
Cape Verde | 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 Cabo Verde
Records
53
Source