Korea, Rep. | 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
Republic of Korea
Records
63
Source
Korea, Rep. | Personal remittances, received (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
1975
0.1571776 1976
0.26790484 1977
0.20203145 1978
0.15086583 1979
0.86026595 1980
0.94688951 1981
1.00091353 1982
1.04887671 1983
0.96963674 1984
1.14298494 1985
1.48635379 1986
1.39953914 1987
1.25481429 1988
0.88572081 1989
0.85154935 1990
0.80980615 1991
0.82320533 1992
0.73518007 1993
0.66586887 1994
0.57869925 1995
0.54965275 1996
0.68217038 1997
1.29261375 1998
0.87074929 1999
0.78508536 2000
0.82464132 2001
0.81862497 2002
0.83607169 2003
0.74828327 2004
0.55625137 2005
0.46044646 2006
0.43960755 2007
0.66626946 2008
0.63557939 2009
0.5118337 2010
0.52678968 2011
0.51556026 2012
0.47243866 2013
0.44281245 2014
0.44090916 2015
0.43499952 2016
0.40210115 2017
0.41295986 2018
0.43393487 2019
0.4521524 2020
0.42576789 2021
0.46743671 2022
Korea, Rep. | 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
Republic of Korea
Records
63
Source