Gambia, The | 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 the Gambia
Records
53
Source
Gambia, The | Workers' remittances and compensation of employees, received (% of GDP)
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978 0.20089286
1979 0.23778182
1980 0.16215232
1981 0.13227158
1982 0.08693017
1983 0.32848007
1984
1985
1986
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996
1997
1998
1999
2000
2001
2002
2003 11.59965615
2004 10.49588657
2005 9.50121086
2006 9.73540249
2007 6.96766106
2008 6.71085989
2009 8.86059855
2010 12.15574236
2011 10.09333749
2012

Gambia, The | 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 the Gambia
Records
53
Source