Malawi | Workers' remittances and compensation of employees, received (current US$)
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year. Data are in current U.S. dollars.
Publisher
The World Bank
Origin
Republic of Malawi
Records
53
Source
Malawi | Workers' remittances and compensation of employees, received (current US$)
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
766905.8442 1994
523432.0164 1995
647354.1856 1996
744944.6321 1997
746886.7302 1998
746883.9288 1999
746886.1938 2000
746885.9553 2001
843693.614 2002
2003
2004
22531928.647 2005
14789864.417 2006
21013553.999 2007
16674175.284 2008
16656874.035 2009
16738019.63 2010
17412161.508 2011
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