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
1980 28.16568034
1981 22.6552783
1982 18.38290065
1983 14.83864149
1984 15.61732575
1985 15.07100499
1986 14.45575722
1987 15.48374229
1988 16.17128095
1989 17.83537851
1990 19.2708043
1991 19.5000797
1992 21.28255769
1993 15.59719643
1994 21.01763655
1995 21.73069513
1996 19.99081655
1997 15.57586806
1998 14.12915543
1999 13.35253858
2000 16.11676842
2001 14.37719951
2002 13.70098761
2003 13.33448645
2004 12.26382085
2005 14.05885136
2006 12.33085148
2007 10.43221036
2008 9.93204794
2009 8.54235846
2010 7.89121898
2011 9.28462857
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