Egypt, Arab Rep. | 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
Arab Republic of Egypt
Records
53
Source
Egypt, Arab Rep. | 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
6.33822965 1977
11.94146703 1978
12.19598577 1979
11.76650315 1980
9.31775046 1981
9.5307437 1982
13.02842932 1983
12.93192798 1984
9.25844637 1985
6.98473938 1986
8.89772763 1987
10.75648731 1988
8.30664305 1989
9.93150654 1990
10.96548317 1991
14.58351329 1992
12.16008254 1993
7.07541938 1994
5.36243437 1995
4.59413421 1996
4.71336231 1997
3.97270704 1998
3.56661332 1999
2.85661226 2000
2.98201375 2001
3.29320169 2002
3.57063251 2003
4.23703733 2004
5.59431281 2005
4.95841082 2006
5.86751079 2007
5.33969849 2008
3.78317565 2009
5.68909336 2010
6.24069383 2011
2012
Egypt, Arab Rep. | 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
Arab Republic of Egypt
Records
53
Source