Indicator Definition:
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.
The indicator "Personal remittances, received (current US$)" stands at 67.64 Billion usd as of 12/31/2024, the highest value at least since 12/31/1980, the period currently displayed.
Regarding the One-Year-Change of the series, the current value constitutes an increase of 2.11 percent compared to the value the year prior.
The 1 year change in percent is 2.11.
The 3 year change in percent is 22.83.
The 5 year change in percent is 69.80.
The 10 year change in percent is 164.66.
| Measure | Realization |
| Indicator Name: | Personal remittances, received (current US$) |
| Indicator Source: | World Bank staff estimates based on IMF balance of payments data. | macro-rankings.com |
| Indicator Description: | 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. |
| Observations Date: | 12/31/1979 |