Latvia | 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 Latvia
Records
63
Source
Latvia | Personal remittances, received (% of GDP)
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
1987
1988
1989
1990
1991
1992
1993
1994
1995
1996 0.68233141
1997 0.70020703
1998 0.68933995
1999 0.6450938
2000 3.16849609
2001 3.27289703
2002 1.17776942
2003 1.33794926
2004 1.51406709
2005 2.22927387
2006 2.22590796
2007 1.77265761
2008 5.3562071
2009 6.00759757
2010 5.24861206
2011 5.4803542
2012 5.31984514
2013 5.31188089
2014 4.94945601
2015 4.89954995
2016 4.39739065
2017 4.17974751
2018 3.5939135
2019 3.33847643
2020 3.16464349
2021 3.34001063
2022 3.25775037

Latvia | 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 Latvia
Records
63
Source