Malawi | Workers' remittances and compensation of employees, received (current US$)

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. Data are in current U.S. dollars.
Publisher
The World Bank
Origin
Republic of Malawi
Records
53
Source
Malawi | Workers' remittances and compensation of employees, received (current US$)
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 766905.8442
1995 523432.0164
1996 647354.1856
1997 744944.6321
1998 746886.7302
1999 746883.9288
2000 746886.1938
2001 746885.9553
2002 843693.614
2003
2004
2005 22531928.647
2006 14789864.417
2007 21013553.999
2008 16674175.284
2009 16656874.035
2010 16738019.63
2011 17412161.508
2012

Malawi | Workers' remittances and compensation of employees, received (current US$)

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. Data are in current U.S. dollars.
Publisher
The World Bank
Origin
Republic of Malawi
Records
53
Source