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