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)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970
1971
1972
1973
0.02166606 1974
0.02043798 1975
0.03260761 1976
0.01380407 1977
0.01493916 1978
0.00135727 1979
0.00936748 1980
0.00614229 1981
0.00324349 1982
0.00330785 1983
0.19173677 1984
0.16003907 1985
0.18015043 1986
0.18117458 1987
0.16497575 1988
0.38996559 1989
0.25541992 1990
0.49492031 1991
0.50306065 1992
0.4017945 1993
0.42807469 1994
0.43690268 1995
0.28345467 1996
0.34363471 1997
0.30658019 1998
0.31262803 1999
0.29064006 2000
0.24000696 2001
0.66686146 2002
0.29651916 2003
0.26367614 2004
0.21768612 2005
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