South Africa | 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 South Africa
Records
53
Source
South Africa | Workers' remittances and compensation of employees, received (% of GDP)
1960
1961
1962
1963
1964
1965
1966
1967
1968
1969
1970 0.08599797
1971 0.07780672
1972 0.08130026
1973 0.05582001
1974 0.0739124
1975 0.09642038
1976 0.08104253
1977 0.07296927
1978 0.09640755
1979 0.09139406
1980 0.08330516
1981 0.10003238
1982 0.10045609
1983 0.08554915
1984 0.07607875
1985 0.05771624
1986 0.0446703
1987 0.04348577
1988 0.0433522
1989 0.07088898
1990 0.12105135
1991 0.10739138
1992 0.09139107
1993 0.07798741
1994 0.07274066
1995 0.06969903
1996 0.07092485
1997 0.13835604
1998 0.21072288
1999 0.24576961
2000 0.25866353
2001 0.25100691
2002 0.25956467
2003 0.25821498
2004 0.23863727
2005 0.24836007
2006 0.26494092
2007 0.27683281
2008 0.28605991
2009 0.30459852
2010 0.2942237
2011 0.28376225
2012

South Africa | 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 South Africa
Records
53
Source