Micronesia, Fed. Sts. | Personal remittances, received (% of GDP)

Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.
Publisher
The World Bank
Origin
Federated States of Micronesia
Records
63
Source
Micronesia, Fed. Sts. | Personal remittances, received (% of GDP)
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
1995
1996
1997
1998
1999
2000
2001
2002
2003
2004
2005 0
2006 0
2007 0
2008 0
2009 6.18999403
2010 6.08420912
2011 6.24089308
2012 6.3570306
2013 6.9500628
2014 7.30999226
2015 7.37423216
2016 7.02411808
2017 6.36509769
2018 5.80662465
2019 5.61026442
2020 5.72026961
2021 5.74844828
2022 5.50441038

Micronesia, Fed. Sts. | Personal remittances, received (% of GDP)

Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.
Publisher
The World Bank
Origin
Federated States of Micronesia
Records
63
Source