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)
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
1.3973076 1989
2.03601495 1990
1.95547468 1991
2.48148437 1992
0.06169031 1993
0.06146533 1994
0.09916536 1995
0.14100962 1996
0.03887475 1997
0.01874239 1998
0.03004537 1999
0.51376198 2000
0.28957901 2001
0.28362158 2002
0.69053275 2003
0.81116982 2004
1.3166193 2005
1.30551966 2006
0.46093473 2007
0.32690018 2008
1.90264461 2009
1.78526204 2010
2.40781974 2011
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