Lesotho | 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
Kingdom of Lesotho
Records
53
Source
Lesotho | Workers' remittances and compensation of employees, received (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974
81.37432059 1975
93.45794401 1976
85.42534182 1977
66.56600797 1978
73.22963364 1979
60.99375372 1980
66.92913151 1981
106.47887364 1982
106.31312862 1983
106.45637898 1984
90.40579797 1985
87.90813362 1986
95.5980268 1987
86.43806844 1988
80.84195578 1989
78.5704219 1990
71.79726257 1991
63.20672445 1992
55.53708618 1993
42.33561607 1994
47.78653816 1995
47.51016868 1996
44.04970848 1997
35.9563246 1998
34.42589286 1999
61.99263003 2000
56.84627649 2001
59.30878098 2002
57.45940848 2003
50.818835 2004
43.799719 2005
42.95957661 2006
39.94781945 2007
35.41472771 2008
32.0172129 2009
27.99589524 2010
26.76345505 2011
2012
Lesotho | 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
Kingdom of Lesotho
Records
53
Source