Vanuatu

iso2Code: VU

iso2code: XI

value: IDA

capitalCity: Port-Vila

country_code: VUT

country_name: Vanuatu

value: Sum


name: Secondary income, other sectors, payments (BoP, current US$)

value: World Development Indicators

sourceNone: Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.

value: Economy & Growth

World

value: Aggregates

country_code: WLD

country_name: World

value: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

value: CC BY-4.0

value: Annual

value: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

value: Economic Policy & Debt: Balance of payments: Current account: Transfers

schema: wb


Samoa

iso2Code: WS

value: East Asia & Pacific

value: East Asia & Pacific (excluding high income)

iso2code: XN

value: Lower middle income

capitalCity: Apia

country_code: WSM

country_name: Samoa

value: Secondary income, other sectors, payments (BoP, current US$)

value: Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.


Kosovo

iso2Code: XK

value: Europe & Central Asia

value: Europe & Central Asia (excluding high income)

iso2code: XT

value: Upper middle income

capitalCity: Pristina

country_code: XKX

country_name: Kosovo


Yemen, Rep.

iso2Code: YE

iso2code: ZQ

value: Middle East & North Africa

iso2code: XQ

value: Middle East & North Africa (excluding high income)

iso2code: XM

value: Low income

value: IDA

capitalCity: Sana'a

country_code: YEM

country_name: Yemen, Rep.

value: Sum


value: World Development Indicators

value: Economy & Growth

South Africa

iso2Code: ZA

iso2code: ZG

value: Sub-Saharan Africa

iso2code: ZF

value: Sub-Saharan Africa (excluding high income)

iso2code: XF

value: IBRD

capitalCity: Pretoria

country_code: ZAF

country_name: South Africa

value: Note: Data are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6) and are only available from 2005 onwards.

value: CC BY-4.0


Zambia

iso2Code: ZM

value: Lower middle income

capitalCity: Lusaka

country_code: ZMB

country_name: Zambia

value: Secondary income, other sectors, payments (BoP, current US$)

value: Annual

value: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.

value: Economic Policy & Debt: Balance of payments: Current account: Transfers


Zimbabwe

iso2Code: ZW

iso2code: XH

value: Blend

capitalCity: Harare

country_code: ZWE

country_name: Zimbabwe

value: Secondary income refers to transfers recorded in the balance of payments whenever an economy provides or receives goods, services, income, or financial items without a quid pro quo. All transfers not considered to be capital are current. Data are in current U.S. dollars.


name: Workers' remittances, payments (BoP, current US$)

value: Africa Development Indicators

sourceNone: Workers' remittances are current transfers by migrants who are employed or intend to remain employed for more than a year in another economy in which they are considered residents. Some developing countries classify workers' remittances as a factor income receipt (and thus as a component of GNI). The World Bank adheres to international guidelines in defining GNI, and its classification of workers' remittances may therefore differ from national practices. This item shows payments by the reporting country. Data are in current U.S. dollars.

Africa

value: Aggregates

country_code: AFR

country_name: Africa


Angola

iso2Code: AO

capitalCity: Luanda

country_code: AGO

country_name: Angola

value: Sum

value: Workers' remittances, payments (BoP, current US$)

value: Workers' remittances are current transfers by migrants who are employed or intend to remain employed for more than a year in another economy in which they are considered residents. Some developing countries classify workers' remittances as a factor income receipt (and thus as a component of GNI). The World Bank adheres to international guidelines in defining GNI, and its classification of workers' remittances may therefore differ from national practices. This item shows payments by the reporting country. Data are in current U.S. dollars.


Burundi

iso2Code: BI

value: Sub-Saharan Africa

value: Low income

iso2code: XI

value: IDA

capitalCity: Bujumbura

country_code: BDI

country_name: Burundi


Benin

iso2Code: BJ

value: Sub-Saharan Africa (excluding high income)

iso2code: XN

capitalCity: Porto-Novo

country_code: BEN

country_name: Benin


Burkina Faso

iso2Code: BF

capitalCity: Ouagadougou

country_code: BFA

country_name: Burkina Faso


Botswana

iso2Code: BW

iso2code: XT

value: Upper middle income

value: IBRD

capitalCity: Gaborone

country_code: BWA

country_name: Botswana


Central African Republic

iso2Code: CF

capitalCity: Bangui

country_code: CAF

country_name: Central African Republic


Cote d'Ivoire

iso2Code: CI

value: Lower middle income

capitalCity: Yamoussoukro

country_code: CIV

country_name: Côte d'Ivoire


Cameroon

iso2Code: CM

capitalCity: Yaounde

country_code: CMR

country_name: Cameroon

value: Annual


Congo, Dem. Rep.

iso2Code: CD

iso2code: ZG

iso2code: XM

capitalCity: Kinshasa

country_code: COD

country_name: Congo, Dem. Rep.

value: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.


Congo, Rep.

iso2Code: CG

iso2code: ZF

capitalCity: Brazzaville

country_code: COG

country_name: Congo, Rep.

value: Economic Policy & Debt: Balance of payments: Current account: Transfers


Comoros

iso2Code: KM

capitalCity: Moroni

country_code: COM

country_name: Comoros


Cabo Verde

iso2Code: CV

iso2code: XH

value: Blend

capitalCity: Praia

country_code: CPV

country_name: Cabo Verde


Djibouti

iso2Code: DJ

iso2code: ZQ

value: Middle East & North Africa

iso2code: XQ

value: Middle East & North Africa (excluding high income)

iso2code: XI

capitalCity: Djibouti

country_code: DJI

country_name: Djibouti


value: Africa Development Indicators

Algeria

iso2Code: DZ

iso2code: XN

iso2code: XF

capitalCity: Algiers

country_code: DZA

country_name: Algeria


Egypt, Arab Rep.

iso2Code: EG

capitalCity: Cairo

country_code: EGY

country_name: Egypt, Arab Rep.

value: Sum


Eritrea

iso2Code: ER

capitalCity: Asmara

country_code: ERI

country_name: Eritrea

value: Workers' remittances, payments (BoP, current US$)


Ethiopia

iso2Code: ET

capitalCity: Addis Ababa

country_code: ETH

country_name: Ethiopia

value: Workers' remittances are current transfers by migrants who are employed or intend to remain employed for more than a year in another economy in which they are considered residents. Some developing countries classify workers' remittances as a factor income receipt (and thus as a component of GNI). The World Bank adheres to international guidelines in defining GNI, and its classification of workers' remittances may therefore differ from national practices. This item shows payments by the reporting country. Data are in current U.S. dollars.


Gabon

iso2Code: GA

iso2code: ZG

value: Sub-Saharan Africa

iso2code: XT

capitalCity: Libreville

country_code: GAB

country_name: Gabon


Ghana

iso2Code: GH

iso2code: ZF

capitalCity: Accra

country_code: GHA

country_name: Ghana


Guinea

iso2Code: GN

capitalCity: Conakry

country_code: GIN

country_name: Guinea


Gambia, The

iso2Code: GM

iso2code: XM

value: Low income

capitalCity: Banjul

country_code: GMB

country_name: Gambia, The


Guinea-Bissau

iso2Code: GW

value: IDA

capitalCity: Bissau

country_code: GNB

country_name: Guinea-Bissau


Equatorial Guinea

iso2Code: GQ

value: Sub-Saharan Africa (excluding high income)

capitalCity: Malabo

country_code: GNQ

country_name: Equatorial Guinea


Kenya

iso2Code: KE

iso2code: XH

capitalCity: Nairobi

country_code: KEN

country_name: Kenya


Liberia

iso2Code: LR

iso2code: XI

capitalCity: Monrovia

country_code: LBR

country_name: Liberia


Libya

iso2Code: LY

iso2code: ZQ

iso2code: XQ

value: Upper middle income

iso2code: XF

capitalCity: Tripoli

country_code: LBY

country_name: Libya


Lesotho

iso2Code: LS

iso2code: ZG

iso2code: XN

capitalCity: Maseru

country_code: LSO

country_name: Lesotho


Morocco

iso2Code: MA

value: IBRD

capitalCity: Rabat

country_code: MAR

country_name: Morocco


Madagascar

iso2Code: MG

iso2code: ZF

capitalCity: Antananarivo

country_code: MDG

country_name: Madagascar


Mali

iso2Code: ML

iso2code: XM

capitalCity: Bamako

country_code: MLI

country_name: Mali


Mozambique

iso2Code: MZ

capitalCity: Maputo

country_code: MOZ

country_name: Mozambique


Mauritania

iso2Code: MR

value: Lower middle income

capitalCity: Nouakchott

country_code: MRT

country_name: Mauritania


Mauritius

iso2Code: MU

iso2code: XT

capitalCity: Port Louis

country_code: MUS

country_name: Mauritius

value: Annual


Malawi

iso2Code: MW

iso2code: XI

capitalCity: Lilongwe

country_code: MWI

country_name: Malawi

value: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.


North Africa

value: Aggregates

country_code: NAF

country_name: North Africa

value: Economic Policy & Debt: Balance of payments: Current account: Transfers


Namibia

capitalCity: Windhoek

country_code: NAM

country_name: Namibia


Niger

iso2Code: NE

capitalCity: Niamey

country_code: NER

country_name: Niger


Nigeria

iso2Code: NG

iso2code: XH

value: Blend

capitalCity: Abuja

country_code: NGA

country_name: Nigeria


Rwanda

iso2Code: RW

capitalCity: Kigali

country_code: RWA

country_name: Rwanda


Sudan

iso2Code: SD

iso2code: ZG

capitalCity: Khartoum

country_code: SDN

country_name: Sudan


Senegal

iso2Code: SN

iso2code: XN

capitalCity: Dakar

country_code: SEN

country_name: Senegal


Sierra Leone

iso2Code: SL

iso2code: ZF

capitalCity: Freetown

country_code: SLE

country_name: Sierra Leone


Somalia

iso2Code: SO

iso2code: XM

capitalCity: Mogadishu

country_code: SOM

country_name: Somalia


name: Sub-Saharan Africa (excluding high income)

country_code: SSA


South Sudan

iso2Code: SS

capitalCity: Juba

country_code: SSD

country_name: South Sudan


country_code: SSF

country_name: Sub-Saharan Africa


Sao Tome and Principe

iso2Code: ST

capitalCity: Sao Tome

country_code: STP

country_name: São Tomé and Principe


Eswatini

iso2Code: SZ

iso2code: XF

capitalCity: Mbabane

country_code: SWZ

country_name: Eswatini


name: Sub-Saharan Africa excluding South Africa

country_code: SXZ


Seychelles

iso2Code: SC

iso2code: XD

value: High income

capitalCity: Victoria

country_code: SYC

country_name: Seychelles


value: Africa Development Indicators

Chad

iso2Code: TD

iso2code: XI

capitalCity: N'Djamena

country_code: TCD

country_name: Chad


Togo

iso2Code: TG

capitalCity: Lome

country_code: TGO

country_name: Togo

value: Sum


Tunisia

iso2Code: TN

iso2code: ZQ

value: Middle East & North Africa

iso2code: XQ

value: Middle East & North Africa (excluding high income)

capitalCity: Tunis

country_code: TUN

country_name: Tunisia

value: Workers' remittances, payments (BoP, current US$)


Tanzania

iso2Code: TZ

iso2code: ZG

value: Sub-Saharan Africa

iso2code: XN

capitalCity: Dodoma

country_code: TZA

country_name: Tanzania

value: Workers' remittances are current transfers by migrants who are employed or intend to remain employed for more than a year in another economy in which they are considered residents. Some developing countries classify workers' remittances as a factor income receipt (and thus as a component of GNI). The World Bank adheres to international guidelines in defining GNI, and its classification of workers' remittances may therefore differ from national practices. This item shows payments by the reporting country. Data are in current U.S. dollars.


Uganda

iso2Code: UG

iso2code: ZF

value: Sub-Saharan Africa (excluding high income)

value: Low income

value: IDA

capitalCity: Kampala

country_code: UGA

country_name: Uganda


name: Sub-Saharan Africa excluding South Africa and Nigeria

country_code: XZN


South Africa

iso2Code: ZA

iso2code: XT

value: Upper middle income

value: IBRD

capitalCity: Pretoria

country_code: ZAF

country_name: South Africa


Zambia

iso2Code: ZM

value: Lower middle income

capitalCity: Lusaka

country_code: ZMB

country_name: Zambia

value: Annual

value: International Monetary Fund, Balance of Payments Statistics Yearbook and data files.


Zimbabwe

iso2Code: ZW

iso2code: XH

value: Blend

capitalCity: Harare

country_code: ZWE

country_name: Zimbabwe

value: Economic Policy & Debt: Balance of payments: Current account: Transfers


name: Personal remittances, paid (current US$)

value: World Development Indicators

sourceNone: Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.

value: Economy & Growth

value: Financial Sector

Aruba

iso2Code: AW

iso2code: ZJ

value: Latin America & Caribbean

iso2code: XD

value: High income

iso2code: XX

value: Not classified

capitalCity: Oranjestad

country_code: ABW

country_name: Aruba

value: Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

value:
Movement of people, most often through migration, is a significant part of global integration. Migrants contribute to the economies of both their host country and their country of origin. Yet reliable statistics on migration are difficult to collect and are often incomplete, making international comparisons a challenge.

In most developed countries, refugees are admitted for resettlement and are routinely included in population counts by censuses or population registers. Globally, the number of refugees at end 2010 was 10.55 million, including 597,300 people considered by the United Nations High Commissioner for Refugees (UNHCR) to be in a refugee-like situation; developing countries hosted 8.5 million refugees, or 80 percent of the global refugee population.

Global migration patterns have become increasingly complex in modern times, involving not just refugees, but also millions of economic migrants. But refugees and migrants, even if they often travel in the same way, are fundamentally different, and for that reason are treated very differently under modern international law. Migrants, especially economic migrants, choose to move in order to improve the future prospects of themselves and their families. Refugees have to move if they are to save their lives or preserve their freedom. They have no protection from their own state - indeed it is often their own government that is threatening to persecute them. If other countries do not let them in, and do not help them once they are in, then they may be condemning them to death - or to an intolerable life in the shadows, without sustenance and without rights.

value: CC BY-4.0

value:
Remittance transactions have grown in importance over the past decade. In a number of developing economies, receipts of remittances have become an important and stable source of funds that exceeds receipts from exports of goods and services or from financial inflows on foreign direct investment. But the quality of statistical remittance data is not high. Remittances are a challenge to measure because of their nature. They are heterogeneous with numerous small transactions conducted by individuals through a wide variety of channels: formal channels, such as electronic wire, or through informal channels, such as cash or goods carried across borders. The large number of remittance transactions and the multitude of channels pose challenges to the compilation of comprehensive statistics. The small size of individual transactions means that they often go undetected by typical data source systems, although the aggregate level of transactions may be substantial.

Because of difficulties in obtaining data on informal remittance transactions, the remittance transactions undertaken through informal channels are sometimes not well covered in current balance of payments data. As a result, even though direct measurement of remittances - through transactions reporting or surveys - may be considered preferable if feasible, some countries instead combine different sources and estimation methods to achieve better coverage, by using direct measurements where practical and supplemented estimates where they are not. Model-based approaches are used in some countries as they are flexible. Compilers can design models to fill gaps in data sources or to provide global totals.

However, only reliable input data can lead to sound estimates, regardless of the sophistication of an estimation method or econometric model. Indirect data are converted to remittance estimates using a set of assumptions. These assumptions should be plausible, but it is often not possible to test or verify these assumptions and also the results in practice.

value:
The two main components of personal remittances, "personal transfers" and "compensation of employees", are items in the balance of payments (BPM6) framework. Both of these standard components are recorded in the current account.
"Personal transfers," a new item in the Balance of Payments (BPM6) represents a broader definition of worker remittances. Personal transfers include all current transfers in cash or in kind between resident and nonresident individuals, independent of the source of income of the sender (irrespective of whether the sender receives income from labor, entrepreneurial or property income, social benefits, and any other types of transfers; or disposes assets) and the relationship between the households (irrespective of whether they are related or unrelated individuals).

Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Compensation of employees represents remuneration in return for the labor input to the production process contributed by an individual in an employer-employee relationship with the enterprise. Compensation of employees is recorded gross and includes amounts paid by the employee as taxes or for other purposes in the economy where the work is performed. Compensation of employees has three main components: wages and salaries in cash, wages and salaries in kind, and employers' social contributions.

value: World Bank staff estimates based on IMF balance of payments data.


Africa Eastern and Southern

iso2Code: ZH

value: Aggregates

country_code: AFE

country_name: Africa Eastern and Southern

value: Sum

value: Personal remittances, paid (current US$)

value: Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.


Afghanistan

iso2Code: AF

value: South Asia

iso2code: XM

value: Low income

iso2code: XI

value: IDA

capitalCity: Kabul

country_code: AFG

country_name: Afghanistan

value: Economic Policy & Debt: Balance of payments: Current account: Transfers

value: Annual


value: World Development Indicators

value: Economy & Growth

value: Financial Sector

Africa Western and Central

iso2Code: ZI

country_code: AFW

country_name: Africa Western and Central


Angola

iso2Code: AO

iso2code: ZG

value: Sub-Saharan Africa

value: Sub-Saharan Africa (excluding high income)

iso2code: XN

value: Lower middle income

iso2code: XF

value: IBRD

capitalCity: Luanda

country_code: AGO

country_name: Angola

value: Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

value:
Movement of people, most often through migration, is a significant part of global integration. Migrants contribute to the economies of both their host country and their country of origin. Yet reliable statistics on migration are difficult to collect and are often incomplete, making international comparisons a challenge.

In most developed countries, refugees are admitted for resettlement and are routinely included in population counts by censuses or population registers. Globally, the number of refugees at end 2010 was 10.55 million, including 597,300 people considered by the United Nations High Commissioner for Refugees (UNHCR) to be in a refugee-like situation; developing countries hosted 8.5 million refugees, or 80 percent of the global refugee population.

Global migration patterns have become increasingly complex in modern times, involving not just refugees, but also millions of economic migrants. But refugees and migrants, even if they often travel in the same way, are fundamentally different, and for that reason are treated very differently under modern international law. Migrants, especially economic migrants, choose to move in order to improve the future prospects of themselves and their families. Refugees have to move if they are to save their lives or preserve their freedom. They have no protection from their own state - indeed it is often their own government that is threatening to persecute them. If other countries do not let them in, and do not help them once they are in, then they may be condemning them to death - or to an intolerable life in the shadows, without sustenance and without rights.


Albania

iso2Code: AL

value: Europe & Central Asia

value: Europe & Central Asia (excluding high income)

iso2code: XT

value: Upper middle income

capitalCity: Tirane

country_code: ALB

country_name: Albania

value: Sum

value: CC BY-4.0

value:
Remittance transactions have grown in importance over the past decade. In a number of developing economies, receipts of remittances have become an important and stable source of funds that exceeds receipts from exports of goods and services or from financial inflows on foreign direct investment. But the quality of statistical remittance data is not high. Remittances are a challenge to measure because of their nature. They are heterogeneous with numerous small transactions conducted by individuals through a wide variety of channels: formal channels, such as electronic wire, or through informal channels, such as cash or goods carried across borders. The large number of remittance transactions and the multitude of channels pose challenges to the compilation of comprehensive statistics. The small size of individual transactions means that they often go undetected by typical data source systems, although the aggregate level of transactions may be substantial.

Because of difficulties in obtaining data on informal remittance transactions, the remittance transactions undertaken through informal channels are sometimes not well covered in current balance of payments data. As a result, even though direct measurement of remittances - through transactions reporting or surveys - may be considered preferable if feasible, some countries instead combine different sources and estimation methods to achieve better coverage, by using direct measurements where practical and supplemented estimates where they are not. Model-based approaches are used in some countries as they are flexible. Compilers can design models to fill gaps in data sources or to provide global totals.

However, only reliable input data can lead to sound estimates, regardless of the sophistication of an estimation method or econometric model. Indirect data are converted to remittance estimates using a set of assumptions. These assumptions should be plausible, but it is often not possible to test or verify these assumptions and also the results in practice.

value:
The two main components of personal remittances, "personal transfers" and "compensation of employees", are items in the balance of payments (BPM6) framework. Both of these standard components are recorded in the current account.
"Personal transfers," a new item in the Balance of Payments (BPM6) represents a broader definition of worker remittances. Personal transfers include all current transfers in cash or in kind between resident and nonresident individuals, independent of the source of income of the sender (irrespective of whether the sender receives income from labor, entrepreneurial or property income, social benefits, and any other types of transfers; or disposes assets) and the relationship between the households (irrespective of whether they are related or unrelated individuals).

Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Compensation of employees represents remuneration in return for the labor input to the production process contributed by an individual in an employer-employee relationship with the enterprise. Compensation of employees is recorded gross and includes amounts paid by the employee as taxes or for other purposes in the economy where the work is performed. Compensation of employees has three main components: wages and salaries in cash, wages and salaries in kind, and employers' social contributions.

value: World Bank staff estimates based on IMF balance of payments data.


value: World Development Indicators

Andorra

iso2Code: AD

value: High income

value: Not classified

capitalCity: Andorra la Vella

country_code: AND

country_name: Andorra

value: Personal remittances, paid (current US$)

value: Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.

value: Economic Policy & Debt: Balance of payments: Current account: Transfers

value: Annual


value: Economy & Growth

value: Financial Sector

Arab World

value: Aggregates

country_code: ARB

country_name: Arab World

value: Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).


United Arab Emirates

iso2Code: AE

iso2code: ZQ

value: Middle East & North Africa

capitalCity: Abu Dhabi

country_code: ARE

country_name: United Arab Emirates

value:
Movement of people, most often through migration, is a significant part of global integration. Migrants contribute to the economies of both their host country and their country of origin. Yet reliable statistics on migration are difficult to collect and are often incomplete, making international comparisons a challenge.

In most developed countries, refugees are admitted for resettlement and are routinely included in population counts by censuses or population registers. Globally, the number of refugees at end 2010 was 10.55 million, including 597,300 people considered by the United Nations High Commissioner for Refugees (UNHCR) to be in a refugee-like situation; developing countries hosted 8.5 million refugees, or 80 percent of the global refugee population.

Global migration patterns have become increasingly complex in modern times, involving not just refugees, but also millions of economic migrants. But refugees and migrants, even if they often travel in the same way, are fundamentally different, and for that reason are treated very differently under modern international law. Migrants, especially economic migrants, choose to move in order to improve the future prospects of themselves and their families. Refugees have to move if they are to save their lives or preserve their freedom. They have no protection from their own state - indeed it is often their own government that is threatening to persecute them. If other countries do not let them in, and do not help them once they are in, then they may be condemning them to death - or to an intolerable life in the shadows, without sustenance and without rights.


Argentina

iso2Code: AR

iso2code: ZJ

value: Latin America & Caribbean

iso2code: XJ

value: Latin America & Caribbean (excluding high income)

value: Upper middle income

value: IBRD

capitalCity: Buenos Aires

country_code: ARG

country_name: Argentina

value: Sum

value: CC BY-4.0


value: World Development Indicators

Armenia

iso2Code: AM

value: Europe & Central Asia

value: Europe & Central Asia (excluding high income)

capitalCity: Yerevan

country_code: ARM

country_name: Armenia

value:
Remittance transactions have grown in importance over the past decade. In a number of developing economies, receipts of remittances have become an important and stable source of funds that exceeds receipts from exports of goods and services or from financial inflows on foreign direct investment. But the quality of statistical remittance data is not high. Remittances are a challenge to measure because of their nature. They are heterogeneous with numerous small transactions conducted by individuals through a wide variety of channels: formal channels, such as electronic wire, or through informal channels, such as cash or goods carried across borders. The large number of remittance transactions and the multitude of channels pose challenges to the compilation of comprehensive statistics. The small size of individual transactions means that they often go undetected by typical data source systems, although the aggregate level of transactions may be substantial.

Because of difficulties in obtaining data on informal remittance transactions, the remittance transactions undertaken through informal channels are sometimes not well covered in current balance of payments data. As a result, even though direct measurement of remittances - through transactions reporting or surveys - may be considered preferable if feasible, some countries instead combine different sources and estimation methods to achieve better coverage, by using direct measurements where practical and supplemented estimates where they are not. Model-based approaches are used in some countries as they are flexible. Compilers can design models to fill gaps in data sources or to provide global totals.

However, only reliable input data can lead to sound estimates, regardless of the sophistication of an estimation method or econometric model. Indirect data are converted to remittance estimates using a set of assumptions. These assumptions should be plausible, but it is often not possible to test or verify these assumptions and also the results in practice.

value:
The two main components of personal remittances, "personal transfers" and "compensation of employees", are items in the balance of payments (BPM6) framework. Both of these standard components are recorded in the current account.
"Personal transfers," a new item in the Balance of Payments (BPM6) represents a broader definition of worker remittances. Personal transfers include all current transfers in cash or in kind between resident and nonresident individuals, independent of the source of income of the sender (irrespective of whether the sender receives income from labor, entrepreneurial or property income, social benefits, and any other types of transfers; or disposes assets) and the relationship between the households (irrespective of whether they are related or unrelated individuals).

Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Compensation of employees represents remuneration in return for the labor input to the production process contributed by an individual in an employer-employee relationship with the enterprise. Compensation of employees is recorded gross and includes amounts paid by the employee as taxes or for other purposes in the economy where the work is performed. Compensation of employees has three main components: wages and salaries in cash, wages and salaries in kind, and employers' social contributions.

value: World Bank staff estimates based on IMF balance of payments data.


value: Economy & Growth

value: Financial Sector

American Samoa

iso2Code: AS

value: East Asia & Pacific

iso2code: XD

value: High income

iso2code: XX

value: Not classified

capitalCity: Pago Pago

country_code: ASM

country_name: American Samoa

value: Personal remittances, paid (current US$)

value: Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.

value: Economic Policy & Debt: Balance of payments: Current account: Transfers

value: Annual


Antigua and Barbuda

iso2Code: AG

value: Latin America & Caribbean

value: IBRD

capitalCity: Saint John's

country_code: ATG

country_name: Antigua and Barbuda

value: Sum

value: Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

value:
Movement of people, most often through migration, is a significant part of global integration. Migrants contribute to the economies of both their host country and their country of origin. Yet reliable statistics on migration are difficult to collect and are often incomplete, making international comparisons a challenge.

In most developed countries, refugees are admitted for resettlement and are routinely included in population counts by censuses or population registers. Globally, the number of refugees at end 2010 was 10.55 million, including 597,300 people considered by the United Nations High Commissioner for Refugees (UNHCR) to be in a refugee-like situation; developing countries hosted 8.5 million refugees, or 80 percent of the global refugee population.

Global migration patterns have become increasingly complex in modern times, involving not just refugees, but also millions of economic migrants. But refugees and migrants, even if they often travel in the same way, are fundamentally different, and for that reason are treated very differently under modern international law. Migrants, especially economic migrants, choose to move in order to improve the future prospects of themselves and their families. Refugees have to move if they are to save their lives or preserve their freedom. They have no protection from their own state - indeed it is often their own government that is threatening to persecute them. If other countries do not let them in, and do not help them once they are in, then they may be condemning them to death - or to an intolerable life in the shadows, without sustenance and without rights.


value: World Development Indicators

Australia

iso2Code: AU

capitalCity: Canberra

country_code: AUS

country_name: Australia

value: CC BY-4.0

value:
Remittance transactions have grown in importance over the past decade. In a number of developing economies, receipts of remittances have become an important and stable source of funds that exceeds receipts from exports of goods and services or from financial inflows on foreign direct investment. But the quality of statistical remittance data is not high. Remittances are a challenge to measure because of their nature. They are heterogeneous with numerous small transactions conducted by individuals through a wide variety of channels: formal channels, such as electronic wire, or through informal channels, such as cash or goods carried across borders. The large number of remittance transactions and the multitude of channels pose challenges to the compilation of comprehensive statistics. The small size of individual transactions means that they often go undetected by typical data source systems, although the aggregate level of transactions may be substantial.

Because of difficulties in obtaining data on informal remittance transactions, the remittance transactions undertaken through informal channels are sometimes not well covered in current balance of payments data. As a result, even though direct measurement of remittances - through transactions reporting or surveys - may be considered preferable if feasible, some countries instead combine different sources and estimation methods to achieve better coverage, by using direct measurements where practical and supplemented estimates where they are not. Model-based approaches are used in some countries as they are flexible. Compilers can design models to fill gaps in data sources or to provide global totals.

However, only reliable input data can lead to sound estimates, regardless of the sophistication of an estimation method or econometric model. Indirect data are converted to remittance estimates using a set of assumptions. These assumptions should be plausible, but it is often not possible to test or verify these assumptions and also the results in practice.


value: Economy & Growth

Austria

iso2Code: AT

value: Europe & Central Asia

capitalCity: Vienna

country_code: AUT

country_name: Austria

value:
The two main components of personal remittances, "personal transfers" and "compensation of employees", are items in the balance of payments (BPM6) framework. Both of these standard components are recorded in the current account.
"Personal transfers," a new item in the Balance of Payments (BPM6) represents a broader definition of worker remittances. Personal transfers include all current transfers in cash or in kind between resident and nonresident individuals, independent of the source of income of the sender (irrespective of whether the sender receives income from labor, entrepreneurial or property income, social benefits, and any other types of transfers; or disposes assets) and the relationship between the households (irrespective of whether they are related or unrelated individuals).

Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Compensation of employees represents remuneration in return for the labor input to the production process contributed by an individual in an employer-employee relationship with the enterprise. Compensation of employees is recorded gross and includes amounts paid by the employee as taxes or for other purposes in the economy where the work is performed. Compensation of employees has three main components: wages and salaries in cash, wages and salaries in kind, and employers' social contributions.

value: World Bank staff estimates based on IMF balance of payments data.


value: Financial Sector

Azerbaijan

iso2Code: AZ

value: Europe & Central Asia (excluding high income)

value: Upper middle income

capitalCity: Baku

country_code: AZE

country_name: Azerbaijan


Burundi

iso2Code: BI

iso2code: ZG

value: Sub-Saharan Africa

iso2code: ZF

value: Sub-Saharan Africa (excluding high income)

iso2code: XM

value: Low income

iso2code: XI

value: IDA

capitalCity: Bujumbura

country_code: BDI

country_name: Burundi

value: Personal remittances, paid (current US$)

value: Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.

value: Economic Policy & Debt: Balance of payments: Current account: Transfers


value: World Development Indicators

Belgium

iso2Code: BE

value: High income

value: Not classified

capitalCity: Brussels

country_code: BEL

country_name: Belgium

value: Sum

value: Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

value:
Movement of people, most often through migration, is a significant part of global integration. Migrants contribute to the economies of both their host country and their country of origin. Yet reliable statistics on migration are difficult to collect and are often incomplete, making international comparisons a challenge.

In most developed countries, refugees are admitted for resettlement and are routinely included in population counts by censuses or population registers. Globally, the number of refugees at end 2010 was 10.55 million, including 597,300 people considered by the United Nations High Commissioner for Refugees (UNHCR) to be in a refugee-like situation; developing countries hosted 8.5 million refugees, or 80 percent of the global refugee population.

Global migration patterns have become increasingly complex in modern times, involving not just refugees, but also millions of economic migrants. But refugees and migrants, even if they often travel in the same way, are fundamentally different, and for that reason are treated very differently under modern international law. Migrants, especially economic migrants, choose to move in order to improve the future prospects of themselves and their families. Refugees have to move if they are to save their lives or preserve their freedom. They have no protection from their own state - indeed it is often their own government that is threatening to persecute them. If other countries do not let them in, and do not help them once they are in, then they may be condemning them to death - or to an intolerable life in the shadows, without sustenance and without rights.

value: Annual


value: Economy & Growth

value: Financial Sector

Benin

iso2Code: BJ

iso2code: XN

value: Lower middle income

capitalCity: Porto-Novo

country_code: BEN

country_name: Benin

value: CC BY-4.0

value:
Remittance transactions have grown in importance over the past decade. In a number of developing economies, receipts of remittances have become an important and stable source of funds that exceeds receipts from exports of goods and services or from financial inflows on foreign direct investment. But the quality of statistical remittance data is not high. Remittances are a challenge to measure because of their nature. They are heterogeneous with numerous small transactions conducted by individuals through a wide variety of channels: formal channels, such as electronic wire, or through informal channels, such as cash or goods carried across borders. The large number of remittance transactions and the multitude of channels pose challenges to the compilation of comprehensive statistics. The small size of individual transactions means that they often go undetected by typical data source systems, although the aggregate level of transactions may be substantial.

Because of difficulties in obtaining data on informal remittance transactions, the remittance transactions undertaken through informal channels are sometimes not well covered in current balance of payments data. As a result, even though direct measurement of remittances - through transactions reporting or surveys - may be considered preferable if feasible, some countries instead combine different sources and estimation methods to achieve better coverage, by using direct measurements where practical and supplemented estimates where they are not. Model-based approaches are used in some countries as they are flexible. Compilers can design models to fill gaps in data sources or to provide global totals.

However, only reliable input data can lead to sound estimates, regardless of the sophistication of an estimation method or econometric model. Indirect data are converted to remittance estimates using a set of assumptions. These assumptions should be plausible, but it is often not possible to test or verify these assumptions and also the results in practice.

value:
The two main components of personal remittances, "personal transfers" and "compensation of employees", are items in the balance of payments (BPM6) framework. Both of these standard components are recorded in the current account.
"Personal transfers," a new item in the Balance of Payments (BPM6) represents a broader definition of worker remittances. Personal transfers include all current transfers in cash or in kind between resident and nonresident individuals, independent of the source of income of the sender (irrespective of whether the sender receives income from labor, entrepreneurial or property income, social benefits, and any other types of transfers; or disposes assets) and the relationship between the households (irrespective of whether they are related or unrelated individuals).

Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Compensation of employees represents remuneration in return for the labor input to the production process contributed by an individual in an employer-employee relationship with the enterprise. Compensation of employees is recorded gross and includes amounts paid by the employee as taxes or for other purposes in the economy where the work is performed. Compensation of employees has three main components: wages and salaries in cash, wages and salaries in kind, and employers' social contributions.

value: World Bank staff estimates based on IMF balance of payments data.


Burkina Faso

iso2Code: BF

value: Sub-Saharan Africa

value: Sub-Saharan Africa (excluding high income)

value: Low income

value: IDA

capitalCity: Ouagadougou

country_code: BFA

country_name: Burkina Faso

value: Personal remittances, paid (current US$)


value: World Development Indicators

Bangladesh

iso2Code: BD

value: South Asia

capitalCity: Dhaka

country_code: BGD

country_name: Bangladesh

value: Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.

value: Economic Policy & Debt: Balance of payments: Current account: Transfers


Bulgaria

iso2Code: BG

value: Europe & Central Asia

value: Europe & Central Asia (excluding high income)

iso2code: XT

value: Upper middle income

iso2code: XF

value: IBRD

capitalCity: Sofia

country_code: BGR

country_name: Bulgaria

value: Sum

value: Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

value:
Movement of people, most often through migration, is a significant part of global integration. Migrants contribute to the economies of both their host country and their country of origin. Yet reliable statistics on migration are difficult to collect and are often incomplete, making international comparisons a challenge.

In most developed countries, refugees are admitted for resettlement and are routinely included in population counts by censuses or population registers. Globally, the number of refugees at end 2010 was 10.55 million, including 597,300 people considered by the United Nations High Commissioner for Refugees (UNHCR) to be in a refugee-like situation; developing countries hosted 8.5 million refugees, or 80 percent of the global refugee population.

Global migration patterns have become increasingly complex in modern times, involving not just refugees, but also millions of economic migrants. But refugees and migrants, even if they often travel in the same way, are fundamentally different, and for that reason are treated very differently under modern international law. Migrants, especially economic migrants, choose to move in order to improve the future prospects of themselves and their families. Refugees have to move if they are to save their lives or preserve their freedom. They have no protection from their own state - indeed it is often their own government that is threatening to persecute them. If other countries do not let them in, and do not help them once they are in, then they may be condemning them to death - or to an intolerable life in the shadows, without sustenance and without rights.

value: Annual


value: Economy & Growth

value: Financial Sector

Bahrain

iso2Code: BH

iso2code: ZQ

value: Middle East & North Africa

iso2code: XD

value: High income

iso2code: XX

value: Not classified

capitalCity: Manama

country_code: BHR

country_name: Bahrain

value: CC BY-4.0

value:
Remittance transactions have grown in importance over the past decade. In a number of developing economies, receipts of remittances have become an important and stable source of funds that exceeds receipts from exports of goods and services or from financial inflows on foreign direct investment. But the quality of statistical remittance data is not high. Remittances are a challenge to measure because of their nature. They are heterogeneous with numerous small transactions conducted by individuals through a wide variety of channels: formal channels, such as electronic wire, or through informal channels, such as cash or goods carried across borders. The large number of remittance transactions and the multitude of channels pose challenges to the compilation of comprehensive statistics. The small size of individual transactions means that they often go undetected by typical data source systems, although the aggregate level of transactions may be substantial.

Because of difficulties in obtaining data on informal remittance transactions, the remittance transactions undertaken through informal channels are sometimes not well covered in current balance of payments data. As a result, even though direct measurement of remittances - through transactions reporting or surveys - may be considered preferable if feasible, some countries instead combine different sources and estimation methods to achieve better coverage, by using direct measurements where practical and supplemented estimates where they are not. Model-based approaches are used in some countries as they are flexible. Compilers can design models to fill gaps in data sources or to provide global totals.

However, only reliable input data can lead to sound estimates, regardless of the sophistication of an estimation method or econometric model. Indirect data are converted to remittance estimates using a set of assumptions. These assumptions should be plausible, but it is often not possible to test or verify these assumptions and also the results in practice.

value:
The two main components of personal remittances, "personal transfers" and "compensation of employees", are items in the balance of payments (BPM6) framework. Both of these standard components are recorded in the current account.
"Personal transfers," a new item in the Balance of Payments (BPM6) represents a broader definition of worker remittances. Personal transfers include all current transfers in cash or in kind between resident and nonresident individuals, independent of the source of income of the sender (irrespective of whether the sender receives income from labor, entrepreneurial or property income, social benefits, and any other types of transfers; or disposes assets) and the relationship between the households (irrespective of whether they are related or unrelated individuals).

Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Compensation of employees represents remuneration in return for the labor input to the production process contributed by an individual in an employer-employee relationship with the enterprise. Compensation of employees is recorded gross and includes amounts paid by the employee as taxes or for other purposes in the economy where the work is performed. Compensation of employees has three main components: wages and salaries in cash, wages and salaries in kind, and employers' social contributions.

value: World Bank staff estimates based on IMF balance of payments data.


value: World Development Indicators

Bahamas, The

iso2Code: BS

iso2code: ZJ

value: Latin America & Caribbean

capitalCity: Nassau

country_code: BHS

country_name: Bahamas, The

value: Personal remittances, paid (current US$)

value: Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.

value: Economic Policy & Debt: Balance of payments: Current account: Transfers


Bosnia and Herzegovina

iso2Code: BA

value: Europe & Central Asia

value: Europe & Central Asia (excluding high income)

value: Upper middle income

value: IBRD

capitalCity: Sarajevo

country_code: BIH

country_name: Bosnia and Herzegovina

value: Sum

value: Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).


value: Economy & Growth

value: Financial Sector

Belarus

iso2Code: BY

capitalCity: Minsk

country_code: BLR

country_name: Belarus

value:
Movement of people, most often through migration, is a significant part of global integration. Migrants contribute to the economies of both their host country and their country of origin. Yet reliable statistics on migration are difficult to collect and are often incomplete, making international comparisons a challenge.

In most developed countries, refugees are admitted for resettlement and are routinely included in population counts by censuses or population registers. Globally, the number of refugees at end 2010 was 10.55 million, including 597,300 people considered by the United Nations High Commissioner for Refugees (UNHCR) to be in a refugee-like situation; developing countries hosted 8.5 million refugees, or 80 percent of the global refugee population.

Global migration patterns have become increasingly complex in modern times, involving not just refugees, but also millions of economic migrants. But refugees and migrants, even if they often travel in the same way, are fundamentally different, and for that reason are treated very differently under modern international law. Migrants, especially economic migrants, choose to move in order to improve the future prospects of themselves and their families. Refugees have to move if they are to save their lives or preserve their freedom. They have no protection from their own state - indeed it is often their own government that is threatening to persecute them. If other countries do not let them in, and do not help them once they are in, then they may be condemning them to death - or to an intolerable life in the shadows, without sustenance and without rights.

value: Annual


Belize

iso2Code: BZ

iso2code: XJ

value: Latin America & Caribbean (excluding high income)

capitalCity: Belmopan

country_code: BLZ

country_name: Belize

value: CC BY-4.0

value:
Remittance transactions have grown in importance over the past decade. In a number of developing economies, receipts of remittances have become an important and stable source of funds that exceeds receipts from exports of goods and services or from financial inflows on foreign direct investment. But the quality of statistical remittance data is not high. Remittances are a challenge to measure because of their nature. They are heterogeneous with numerous small transactions conducted by individuals through a wide variety of channels: formal channels, such as electronic wire, or through informal channels, such as cash or goods carried across borders. The large number of remittance transactions and the multitude of channels pose challenges to the compilation of comprehensive statistics. The small size of individual transactions means that they often go undetected by typical data source systems, although the aggregate level of transactions may be substantial.

Because of difficulties in obtaining data on informal remittance transactions, the remittance transactions undertaken through informal channels are sometimes not well covered in current balance of payments data. As a result, even though direct measurement of remittances - through transactions reporting or surveys - may be considered preferable if feasible, some countries instead combine different sources and estimation methods to achieve better coverage, by using direct measurements where practical and supplemented estimates where they are not. Model-based approaches are used in some countries as they are flexible. Compilers can design models to fill gaps in data sources or to provide global totals.

However, only reliable input data can lead to sound estimates, regardless of the sophistication of an estimation method or econometric model. Indirect data are converted to remittance estimates using a set of assumptions. These assumptions should be plausible, but it is often not possible to test or verify these assumptions and also the results in practice.

value:
The two main components of personal remittances, "personal transfers" and "compensation of employees", are items in the balance of payments (BPM6) framework. Both of these standard components are recorded in the current account.
"Personal transfers," a new item in the Balance of Payments (BPM6) represents a broader definition of worker remittances. Personal transfers include all current transfers in cash or in kind between resident and nonresident individuals, independent of the source of income of the sender (irrespective of whether the sender receives income from labor, entrepreneurial or property income, social benefits, and any other types of transfers; or disposes assets) and the relationship between the households (irrespective of whether they are related or unrelated individuals).

Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Compensation of employees represents remuneration in return for the labor input to the production process contributed by an individual in an employer-employee relationship with the enterprise. Compensation of employees is recorded gross and includes amounts paid by the employee as taxes or for other purposes in the economy where the work is performed. Compensation of employees has three main components: wages and salaries in cash, wages and salaries in kind, and employers' social contributions.


value: World Development Indicators

Bermuda

iso2Code: BM

iso2code: XU

value: North America

value: High income

value: Not classified

capitalCity: Hamilton

country_code: BMU

country_name: Bermuda

value: Personal remittances, paid (current US$)

value: World Bank staff estimates based on IMF balance of payments data.


Bolivia

iso2Code: BO

value: Latin America & Caribbean

iso2code: XN

value: Lower middle income

value: IBRD

capitalCity: La Paz

country_code: BOL

country_name: Bolivia

value: Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.

value: Economic Policy & Debt: Balance of payments: Current account: Transfers


value: Economy & Growth

value: Financial Sector

Brazil

iso2Code: BR

value: Upper middle income

capitalCity: Brasilia

country_code: BRA

country_name: Brazil

value: Sum

value: Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

value:
Movement of people, most often through migration, is a significant part of global integration. Migrants contribute to the economies of both their host country and their country of origin. Yet reliable statistics on migration are difficult to collect and are often incomplete, making international comparisons a challenge.

In most developed countries, refugees are admitted for resettlement and are routinely included in population counts by censuses or population registers. Globally, the number of refugees at end 2010 was 10.55 million, including 597,300 people considered by the United Nations High Commissioner for Refugees (UNHCR) to be in a refugee-like situation; developing countries hosted 8.5 million refugees, or 80 percent of the global refugee population.

Global migration patterns have become increasingly complex in modern times, involving not just refugees, but also millions of economic migrants. But refugees and migrants, even if they often travel in the same way, are fundamentally different, and for that reason are treated very differently under modern international law. Migrants, especially economic migrants, choose to move in order to improve the future prospects of themselves and their families. Refugees have to move if they are to save their lives or preserve their freedom. They have no protection from their own state - indeed it is often their own government that is threatening to persecute them. If other countries do not let them in, and do not help them once they are in, then they may be condemning them to death - or to an intolerable life in the shadows, without sustenance and without rights.


value: World Development Indicators

Barbados

iso2Code: BB

capitalCity: Bridgetown

country_code: BRB

country_name: Barbados

value: CC BY-4.0

value:
Remittance transactions have grown in importance over the past decade. In a number of developing economies, receipts of remittances have become an important and stable source of funds that exceeds receipts from exports of goods and services or from financial inflows on foreign direct investment. But the quality of statistical remittance data is not high. Remittances are a challenge to measure because of their nature. They are heterogeneous with numerous small transactions conducted by individuals through a wide variety of channels: formal channels, such as electronic wire, or through informal channels, such as cash or goods carried across borders. The large number of remittance transactions and the multitude of channels pose challenges to the compilation of comprehensive statistics. The small size of individual transactions means that they often go undetected by typical data source systems, although the aggregate level of transactions may be substantial.

Because of difficulties in obtaining data on informal remittance transactions, the remittance transactions undertaken through informal channels are sometimes not well covered in current balance of payments data. As a result, even though direct measurement of remittances - through transactions reporting or surveys - may be considered preferable if feasible, some countries instead combine different sources and estimation methods to achieve better coverage, by using direct measurements where practical and supplemented estimates where they are not. Model-based approaches are used in some countries as they are flexible. Compilers can design models to fill gaps in data sources or to provide global totals.

However, only reliable input data can lead to sound estimates, regardless of the sophistication of an estimation method or econometric model. Indirect data are converted to remittance estimates using a set of assumptions. These assumptions should be plausible, but it is often not possible to test or verify these assumptions and also the results in practice.

value:
The two main components of personal remittances, "personal transfers" and "compensation of employees", are items in the balance of payments (BPM6) framework. Both of these standard components are recorded in the current account.
"Personal transfers," a new item in the Balance of Payments (BPM6) represents a broader definition of worker remittances. Personal transfers include all current transfers in cash or in kind between resident and nonresident individuals, independent of the source of income of the sender (irrespective of whether the sender receives income from labor, entrepreneurial or property income, social benefits, and any other types of transfers; or disposes assets) and the relationship between the households (irrespective of whether they are related or unrelated individuals).

Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Compensation of employees represents remuneration in return for the labor input to the production process contributed by an individual in an employer-employee relationship with the enterprise. Compensation of employees is recorded gross and includes amounts paid by the employee as taxes or for other purposes in the economy where the work is performed. Compensation of employees has three main components: wages and salaries in cash, wages and salaries in kind, and employers' social contributions.

value: Annual


Brunei Darussalam

iso2Code: BN

value: East Asia & Pacific

value: High income

value: Not classified

capitalCity: Bandar Seri Begawan

country_code: BRN

country_name: Brunei Darussalam

value: Personal remittances, paid (current US$)

value: World Bank staff estimates based on IMF balance of payments data.


Bhutan

iso2Code: BT

value: South Asia

value: Lower middle income

iso2code: XI

value: IDA

capitalCity: Thimphu

country_code: BTN

country_name: Bhutan

value: Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.

value: Economic Policy & Debt: Balance of payments: Current account: Transfers


value: Economy & Growth

value: Financial Sector

Botswana

iso2Code: BW

iso2code: ZG

value: Sub-Saharan Africa

iso2code: ZF

value: Sub-Saharan Africa (excluding high income)

iso2code: XT

value: Upper middle income

iso2code: XF

value: IBRD

capitalCity: Gaborone

country_code: BWA

country_name: Botswana

value: Sum

value: Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).


value: World Development Indicators

Central African Republic

iso2Code: CF

iso2code: XM

value: Low income

capitalCity: Bangui

country_code: CAF

country_name: Central African Republic

value:
Movement of people, most often through migration, is a significant part of global integration. Migrants contribute to the economies of both their host country and their country of origin. Yet reliable statistics on migration are difficult to collect and are often incomplete, making international comparisons a challenge.

In most developed countries, refugees are admitted for resettlement and are routinely included in population counts by censuses or population registers. Globally, the number of refugees at end 2010 was 10.55 million, including 597,300 people considered by the United Nations High Commissioner for Refugees (UNHCR) to be in a refugee-like situation; developing countries hosted 8.5 million refugees, or 80 percent of the global refugee population.

Global migration patterns have become increasingly complex in modern times, involving not just refugees, but also millions of economic migrants. But refugees and migrants, even if they often travel in the same way, are fundamentally different, and for that reason are treated very differently under modern international law. Migrants, especially economic migrants, choose to move in order to improve the future prospects of themselves and their families. Refugees have to move if they are to save their lives or preserve their freedom. They have no protection from their own state - indeed it is often their own government that is threatening to persecute them. If other countries do not let them in, and do not help them once they are in, then they may be condemning them to death - or to an intolerable life in the shadows, without sustenance and without rights.

value: CC BY-4.0

value:
Remittance transactions have grown in importance over the past decade. In a number of developing economies, receipts of remittances have become an important and stable source of funds that exceeds receipts from exports of goods and services or from financial inflows on foreign direct investment. But the quality of statistical remittance data is not high. Remittances are a challenge to measure because of their nature. They are heterogeneous with numerous small transactions conducted by individuals through a wide variety of channels: formal channels, such as electronic wire, or through informal channels, such as cash or goods carried across borders. The large number of remittance transactions and the multitude of channels pose challenges to the compilation of comprehensive statistics. The small size of individual transactions means that they often go undetected by typical data source systems, although the aggregate level of transactions may be substantial.

Because of difficulties in obtaining data on informal remittance transactions, the remittance transactions undertaken through informal channels are sometimes not well covered in current balance of payments data. As a result, even though direct measurement of remittances - through transactions reporting or surveys - may be considered preferable if feasible, some countries instead combine different sources and estimation methods to achieve better coverage, by using direct measurements where practical and supplemented estimates where they are not. Model-based approaches are used in some countries as they are flexible. Compilers can design models to fill gaps in data sources or to provide global totals.

However, only reliable input data can lead to sound estimates, regardless of the sophistication of an estimation method or econometric model. Indirect data are converted to remittance estimates using a set of assumptions. These assumptions should be plausible, but it is often not possible to test or verify these assumptions and also the results in practice.

value:
The two main components of personal remittances, "personal transfers" and "compensation of employees", are items in the balance of payments (BPM6) framework. Both of these standard components are recorded in the current account.
"Personal transfers," a new item in the Balance of Payments (BPM6) represents a broader definition of worker remittances. Personal transfers include all current transfers in cash or in kind between resident and nonresident individuals, independent of the source of income of the sender (irrespective of whether the sender receives income from labor, entrepreneurial or property income, social benefits, and any other types of transfers; or disposes assets) and the relationship between the households (irrespective of whether they are related or unrelated individuals).

Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Compensation of employees represents remuneration in return for the labor input to the production process contributed by an individual in an employer-employee relationship with the enterprise. Compensation of employees is recorded gross and includes amounts paid by the employee as taxes or for other purposes in the economy where the work is performed. Compensation of employees has three main components: wages and salaries in cash, wages and salaries in kind, and employers' social contributions.

value: Annual


Canada

iso2Code: CA

value: North America

iso2code: XD

value: High income

iso2code: XX

value: Not classified

capitalCity: Ottawa

country_code: CAN

country_name: Canada

value: Personal remittances, paid (current US$)

value: Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.

value: World Bank staff estimates based on IMF balance of payments data.


value: Economy & Growth

value: Financial Sector

Central Europe and the Baltics

value: Aggregates

country_code: CEB

country_name: Central Europe and the Baltics

value: Economic Policy & Debt: Balance of payments: Current account: Transfers


value: World Development Indicators

Switzerland

iso2Code: CH

value: Europe & Central Asia

capitalCity: Bern

country_code: CHE

country_name: Switzerland

value: Sum

value: Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).


Channel Islands

iso2Code: JG

country_code: CHI

country_name: Channel Islands

value:
Movement of people, most often through migration, is a significant part of global integration. Migrants contribute to the economies of both their host country and their country of origin. Yet reliable statistics on migration are difficult to collect and are often incomplete, making international comparisons a challenge.

In most developed countries, refugees are admitted for resettlement and are routinely included in population counts by censuses or population registers. Globally, the number of refugees at end 2010 was 10.55 million, including 597,300 people considered by the United Nations High Commissioner for Refugees (UNHCR) to be in a refugee-like situation; developing countries hosted 8.5 million refugees, or 80 percent of the global refugee population.

Global migration patterns have become increasingly complex in modern times, involving not just refugees, but also millions of economic migrants. But refugees and migrants, even if they often travel in the same way, are fundamentally different, and for that reason are treated very differently under modern international law. Migrants, especially economic migrants, choose to move in order to improve the future prospects of themselves and their families. Refugees have to move if they are to save their lives or preserve their freedom. They have no protection from their own state - indeed it is often their own government that is threatening to persecute them. If other countries do not let them in, and do not help them once they are in, then they may be condemning them to death - or to an intolerable life in the shadows, without sustenance and without rights.

value: CC BY-4.0

value:
Remittance transactions have grown in importance over the past decade. In a number of developing economies, receipts of remittances have become an important and stable source of funds that exceeds receipts from exports of goods and services or from financial inflows on foreign direct investment. But the quality of statistical remittance data is not high. Remittances are a challenge to measure because of their nature. They are heterogeneous with numerous small transactions conducted by individuals through a wide variety of channels: formal channels, such as electronic wire, or through informal channels, such as cash or goods carried across borders. The large number of remittance transactions and the multitude of channels pose challenges to the compilation of comprehensive statistics. The small size of individual transactions means that they often go undetected by typical data source systems, although the aggregate level of transactions may be substantial.

Because of difficulties in obtaining data on informal remittance transactions, the remittance transactions undertaken through informal channels are sometimes not well covered in current balance of payments data. As a result, even though direct measurement of remittances - through transactions reporting or surveys - may be considered preferable if feasible, some countries instead combine different sources and estimation methods to achieve better coverage, by using direct measurements where practical and supplemented estimates where they are not. Model-based approaches are used in some countries as they are flexible. Compilers can design models to fill gaps in data sources or to provide global totals.

However, only reliable input data can lead to sound estimates, regardless of the sophistication of an estimation method or econometric model. Indirect data are converted to remittance estimates using a set of assumptions. These assumptions should be plausible, but it is often not possible to test or verify these assumptions and also the results in practice.


Chile

iso2Code: CL

iso2code: ZJ

value: Latin America & Caribbean

value: IBRD

capitalCity: Santiago

country_code: CHL

country_name: Chile

value:
The two main components of personal remittances, "personal transfers" and "compensation of employees", are items in the balance of payments (BPM6) framework. Both of these standard components are recorded in the current account.
"Personal transfers," a new item in the Balance of Payments (BPM6) represents a broader definition of worker remittances. Personal transfers include all current transfers in cash or in kind between resident and nonresident individuals, independent of the source of income of the sender (irrespective of whether the sender receives income from labor, entrepreneurial or property income, social benefits, and any other types of transfers; or disposes assets) and the relationship between the households (irrespective of whether they are related or unrelated individuals).

Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Compensation of employees represents remuneration in return for the labor input to the production process contributed by an individual in an employer-employee relationship with the enterprise. Compensation of employees is recorded gross and includes amounts paid by the employee as taxes or for other purposes in the economy where the work is performed. Compensation of employees has three main components: wages and salaries in cash, wages and salaries in kind, and employers' social contributions.

value: Annual


China

iso2Code: CN

value: East Asia & Pacific

value: East Asia & Pacific (excluding high income)

value: Upper middle income

capitalCity: Beijing

country_code: CHN

country_name: China

value: Personal remittances, paid (current US$)

value: Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.


value: Economy & Growth

value: Financial Sector

Cote d'Ivoire

iso2Code: CI

value: Sub-Saharan Africa

value: Sub-Saharan Africa (excluding high income)

iso2code: XN

value: Lower middle income

value: IDA

capitalCity: Yamoussoukro

country_code: CIV

country_name: Côte d'Ivoire

value: Economic Policy & Debt: Balance of payments: Current account: Transfers

value: World Bank staff estimates based on IMF balance of payments data.


value: World Development Indicators

Cameroon

iso2Code: CM

iso2code: XH

value: Blend

capitalCity: Yaounde

country_code: CMR

country_name: Cameroon

value: Sum

value: Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

value:
Movement of people, most often through migration, is a significant part of global integration. Migrants contribute to the economies of both their host country and their country of origin. Yet reliable statistics on migration are difficult to collect and are often incomplete, making international comparisons a challenge.

In most developed countries, refugees are admitted for resettlement and are routinely included in population counts by censuses or population registers. Globally, the number of refugees at end 2010 was 10.55 million, including 597,300 people considered by the United Nations High Commissioner for Refugees (UNHCR) to be in a refugee-like situation; developing countries hosted 8.5 million refugees, or 80 percent of the global refugee population.

Global migration patterns have become increasingly complex in modern times, involving not just refugees, but also millions of economic migrants. But refugees and migrants, even if they often travel in the same way, are fundamentally different, and for that reason are treated very differently under modern international law. Migrants, especially economic migrants, choose to move in order to improve the future prospects of themselves and their families. Refugees have to move if they are to save their lives or preserve their freedom. They have no protection from their own state - indeed it is often their own government that is threatening to persecute them. If other countries do not let them in, and do not help them once they are in, then they may be condemning them to death - or to an intolerable life in the shadows, without sustenance and without rights.

value: CC BY-4.0

value:
Remittance transactions have grown in importance over the past decade. In a number of developing economies, receipts of remittances have become an important and stable source of funds that exceeds receipts from exports of goods and services or from financial inflows on foreign direct investment. But the quality of statistical remittance data is not high. Remittances are a challenge to measure because of their nature. They are heterogeneous with numerous small transactions conducted by individuals through a wide variety of channels: formal channels, such as electronic wire, or through informal channels, such as cash or goods carried across borders. The large number of remittance transactions and the multitude of channels pose challenges to the compilation of comprehensive statistics. The small size of individual transactions means that they often go undetected by typical data source systems, although the aggregate level of transactions may be substantial.

Because of difficulties in obtaining data on informal remittance transactions, the remittance transactions undertaken through informal channels are sometimes not well covered in current balance of payments data. As a result, even though direct measurement of remittances - through transactions reporting or surveys - may be considered preferable if feasible, some countries instead combine different sources and estimation methods to achieve better coverage, by using direct measurements where practical and supplemented estimates where they are not. Model-based approaches are used in some countries as they are flexible. Compilers can design models to fill gaps in data sources or to provide global totals.

However, only reliable input data can lead to sound estimates, regardless of the sophistication of an estimation method or econometric model. Indirect data are converted to remittance estimates using a set of assumptions. These assumptions should be plausible, but it is often not possible to test or verify these assumptions and also the results in practice.


Congo, Dem. Rep.

iso2Code: CD

iso2code: ZG

iso2code: ZF

value: Low income

iso2code: XI

capitalCity: Kinshasa

country_code: COD

country_name: Congo, Dem. Rep.

value: Personal remittances, paid (current US$)

value:
The two main components of personal remittances, "personal transfers" and "compensation of employees", are items in the balance of payments (BPM6) framework. Both of these standard components are recorded in the current account.
"Personal transfers," a new item in the Balance of Payments (BPM6) represents a broader definition of worker remittances. Personal transfers include all current transfers in cash or in kind between resident and nonresident individuals, independent of the source of income of the sender (irrespective of whether the sender receives income from labor, entrepreneurial or property income, social benefits, and any other types of transfers; or disposes assets) and the relationship between the households (irrespective of whether they are related or unrelated individuals).

Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Compensation of employees represents remuneration in return for the labor input to the production process contributed by an individual in an employer-employee relationship with the enterprise. Compensation of employees is recorded gross and includes amounts paid by the employee as taxes or for other purposes in the economy where the work is performed. Compensation of employees has three main components: wages and salaries in cash, wages and salaries in kind, and employers' social contributions.

value: Annual


value: Economy & Growth

value: Financial Sector

Congo, Rep.

iso2Code: CG

value: Sub-Saharan Africa

capitalCity: Brazzaville

country_code: COG

country_name: Congo, Rep.

value: Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.


Colombia

iso2Code: CO

value: Latin America & Caribbean

iso2code: XJ

value: Latin America & Caribbean (excluding high income)

iso2code: XT

value: Upper middle income

iso2code: XF

value: IBRD

capitalCity: Bogota

country_code: COL

country_name: Colombia

value: Economic Policy & Debt: Balance of payments: Current account: Transfers


value: World Development Indicators

Comoros

iso2Code: KM

value: Sub-Saharan Africa (excluding high income)

value: Lower middle income

value: IDA

capitalCity: Moroni

country_code: COM

country_name: Comoros

value: Sum

value: Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

value: World Bank staff estimates based on IMF balance of payments data.


Cabo Verde

iso2Code: CV

value: Blend

capitalCity: Praia

country_code: CPV

country_name: Cabo Verde

value:
Movement of people, most often through migration, is a significant part of global integration. Migrants contribute to the economies of both their host country and their country of origin. Yet reliable statistics on migration are difficult to collect and are often incomplete, making international comparisons a challenge.

In most developed countries, refugees are admitted for resettlement and are routinely included in population counts by censuses or population registers. Globally, the number of refugees at end 2010 was 10.55 million, including 597,300 people considered by the United Nations High Commissioner for Refugees (UNHCR) to be in a refugee-like situation; developing countries hosted 8.5 million refugees, or 80 percent of the global refugee population.

Global migration patterns have become increasingly complex in modern times, involving not just refugees, but also millions of economic migrants. But refugees and migrants, even if they often travel in the same way, are fundamentally different, and for that reason are treated very differently under modern international law. Migrants, especially economic migrants, choose to move in order to improve the future prospects of themselves and their families. Refugees have to move if they are to save their lives or preserve their freedom. They have no protection from their own state - indeed it is often their own government that is threatening to persecute them. If other countries do not let them in, and do not help them once they are in, then they may be condemning them to death - or to an intolerable life in the shadows, without sustenance and without rights.

value: Personal remittances, paid (current US$)

value: CC BY-4.0

value:
Remittance transactions have grown in importance over the past decade. In a number of developing economies, receipts of remittances have become an important and stable source of funds that exceeds receipts from exports of goods and services or from financial inflows on foreign direct investment. But the quality of statistical remittance data is not high. Remittances are a challenge to measure because of their nature. They are heterogeneous with numerous small transactions conducted by individuals through a wide variety of channels: formal channels, such as electronic wire, or through informal channels, such as cash or goods carried across borders. The large number of remittance transactions and the multitude of channels pose challenges to the compilation of comprehensive statistics. The small size of individual transactions means that they often go undetected by typical data source systems, although the aggregate level of transactions may be substantial.

Because of difficulties in obtaining data on informal remittance transactions, the remittance transactions undertaken through informal channels are sometimes not well covered in current balance of payments data. As a result, even though direct measurement of remittances - through transactions reporting or surveys - may be considered preferable if feasible, some countries instead combine different sources and estimation methods to achieve better coverage, by using direct measurements where practical and supplemented estimates where they are not. Model-based approaches are used in some countries as they are flexible. Compilers can design models to fill gaps in data sources or to provide global totals.

However, only reliable input data can lead to sound estimates, regardless of the sophistication of an estimation method or econometric model. Indirect data are converted to remittance estimates using a set of assumptions. These assumptions should be plausible, but it is often not possible to test or verify these assumptions and also the results in practice.

value:
The two main components of personal remittances, "personal transfers" and "compensation of employees", are items in the balance of payments (BPM6) framework. Both of these standard components are recorded in the current account.
"Personal transfers," a new item in the Balance of Payments (BPM6) represents a broader definition of worker remittances. Personal transfers include all current transfers in cash or in kind between resident and nonresident individuals, independent of the source of income of the sender (irrespective of whether the sender receives income from labor, entrepreneurial or property income, social benefits, and any other types of transfers; or disposes assets) and the relationship between the households (irrespective of whether they are related or unrelated individuals).

Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Compensation of employees represents remuneration in return for the labor input to the production process contributed by an individual in an employer-employee relationship with the enterprise. Compensation of employees is recorded gross and includes amounts paid by the employee as taxes or for other purposes in the economy where the work is performed. Compensation of employees has three main components: wages and salaries in cash, wages and salaries in kind, and employers' social contributions.

value: Annual


value: Economy & Growth

value: Financial Sector

Costa Rica

iso2Code: CR

iso2code: ZJ

value: Latin America & Caribbean

value: Latin America & Caribbean (excluding high income)

value: Upper middle income

capitalCity: San Jose

country_code: CRI

country_name: Costa Rica

value: Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.


value: World Development Indicators

Caribbean small states

value: Aggregates

country_code: CSS

country_name: Caribbean small states

value: Economic Policy & Debt: Balance of payments: Current account: Transfers


Cuba

iso2Code: CU

iso2code: XX

value: Not classified

capitalCity: Havana

country_code: CUB

country_name: Cuba

value: Sum

value: Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

value: World Bank staff estimates based on IMF balance of payments data.