Ghana | 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 Ghana
Records
53
Source
Ghana | 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
0.03165841 1979
0.02024643 1980
0.03315617 1981
0.03716556 1982
0.01232354 1983
0.10652089 1984
0.09324336 1985
0.01047559 1986
0.01379357 1987
0.11543254 1988
0.11424732 1989
0.10188183 1990
0.09389484 1991
0.11377665 1992
0.16921025 1993
0.28826539 1994
0.26622158 1995
0.39665456 1996
0.37727998 1997
0.39427579 1998
0.39776574 1999
0.65023044 2000
0.86361448 2001
0.70578347 2002
0.85290896 2003
0.92745537 2004
0.92420477 2005
0.51568799 2006
0.47405044 2007
0.44203765 2008
0.44057785 2009
0.42223104 2010
0.38674135 2011
2012
Ghana | 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 Ghana
Records
53
Source