Seychelles | Workers' remittances and compensation of employees, received (% of GDP)

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.
Publisher
The World Bank
Origin
Republic of Seychelles
Records
53
Source
Seychelles | Workers' remittances and compensation of employees, 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 1.3973076
1990 2.03601495
1991 1.95547468
1992 2.48148437
1993 0.06169031
1994 0.06146533
1995 0.09916536
1996 0.14100962
1997 0.03887475
1998 0.01874239
1999 0.03004537
2000 0.51376198
2001 0.28957901
2002 0.28362158
2003 0.69053275
2004 0.81116982
2005 1.3166193
2006 1.30551966
2007 0.46093473
2008 0.32690018
2009 1.90264461
2010 1.78526204
2011 2.40781974
2012

Seychelles | Workers' remittances and compensation of employees, received (% of GDP)

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.
Publisher
The World Bank
Origin
Republic of Seychelles
Records
53
Source