European Union | Personal remittances, received (% of GDP)

Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.
Publisher
The World Bank
Origin
European Union
Records
63
Source
European Union | Personal remittances, received (% of GDP)
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975 0.41325691
1976 0.41883451
1977 0.48822289
1978 0.5104678
1979 0.51625434
1980 0.53686645
1981 0.55627794
1982 0.56188631
1983 0.52743464
1984 0.52214054
1985 0.50889889
1986 0.47721832
1987 0.45895662
1988 0.47144168
1989 0.48520192
1990 0.46058466
1991 0.44688278
1992 0.42647949
1993 0.44495986
1994 0.40546866
1995 0.38369666
1996 0.37788306
1997 0.46095137
1998 0.45876487
1999 0.37749924
2000 0.40843602
2001 0.42703744
2002 0.43986297
2003 0.45208834
2004 0.47122835
2005 0.50546833
2006 0.53381935
2007 0.5581558
2008 0.5875369
2009 0.61369434
2010 0.61394106
2011 0.62846044
2012 0.65980107
2013 0.7236354
2014 0.73360054
2015 0.779413
2016 0.76710261
2017 0.7755612
2018 0.7607378
2019 0.80686404
2020 0.80025402
2021 0.77880501
2022 0.84724117

European Union | Personal remittances, received (% of GDP)

Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.
Publisher
The World Bank
Origin
European Union
Records
63
Source