Nigeria | 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
Federal Republic of Nigeria
Records
53
Source
Nigeria | 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 20000000
1978 3000000
1979 8000000
1980 22000000
1981 16000000
1982 18000000
1983 14000000
1984 12000000
1985 10000000
1986 4000000
1987 3000000
1988 2000000
1989 10000000
1990 10000000
1991 66000000
1992 56000000
1993 793000000
1994 550000000
1995 804000000
1996 947000000
1997 1920000000
1998 1544000000
1999 1301000000
2000 1391800049
2001 1166599976
2002 1208900024
2003 1062800049
2004 2272699951
2005 14640088027
2006 16932363435
2007 18011296670
2008 19205913440
2009 18368329349
2010 19817843615
2011 20618849636
2012

Nigeria | 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
Federal Republic of Nigeria
Records
53
Source