Madagascar | 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 Madagascar
Records
53
Source
Madagascar | Workers' remittances and compensation of employees, received (% of GDP)
year value
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
1974 0.02166606
1975 0.02043798
1976 0.03260761
1977 0.01380407
1978 0.01493916
1979 0.00135727
1980 0.00936748
1981 0.00614229
1982 0.00324349
1983 0.00330785
1984 0.19173677
1985 0.16003907
1986 0.18015043
1987 0.18117458
1988 0.16497575
1989 0.38996559
1990 0.25541992
1991 0.49492031
1992 0.50306065
1993 0.4017945
1994 0.42807469
1995 0.43690268
1996 0.28345467
1997 0.34363471
1998 0.30658019
1999 0.31262803
2000 0.29064006
2001 0.24000696
2002 0.66686146
2003 0.29651916
2004 0.26367614
2005 0.21768612
2006
2007
2008
2009
2010
2011
2012

Madagascar | 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 Madagascar
Records
53
Source