Guinea | Workers' remittances and compensation of employees, received (current US$)

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. Data are in current U.S. dollars.
Publisher
The World Bank
Origin
Republic of Guinea
Records
53
Source
Guinea | Workers' remittances and compensation of employees, received (current US$)
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
1976
1977
1978
1979
1980
1981
1982
1983
1984
1985
1986 70000.0003
1987 70000.0003
1988 26709999.08
1989 22340000.15
1990 17969999.31
1991 13600000.38
1992 9229999.542
1993 4860000.134
1994 490000.0095
1995 740000.0095
1996 1072000.027
1997 1480000.019
1998 4980000.019
1999 6015879.154
2000 1166455.03
2001 8715869.904
2002 15189999.58
2003 111046020.5
2004 41639999.39
2005 41570000
2006 29500000
2007 15070000
2008 61520000
2009 52030000
2010 46260000
2011 64500000
2012

Guinea | Workers' remittances and compensation of employees, received (current US$)

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. Data are in current U.S. dollars.
Publisher
The World Bank
Origin
Republic of Guinea
Records
53
Source