Namibia | 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 Namibia
Records
53
Source
Namibia | 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 13450206.76
1991 13797774.31
1992 15708196.64
1993 14536033.63
1994 14898057.94
1995 15604817.39
1996 13513672.83
1997 13303062.44
1998 11215052.6
1999 10229249
2000 9450584.412
2001 8815530.777
2002 7959585.667
2003 12216717.72
2004 15236835.48
2005 17561579.063
2006 16432869.468
2007 15703734.161
2008 13550941.346
2009 13223622.275
2010 15316710.948
2011 15492519.336
2012

Namibia | 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 Namibia
Records
53
Source