Equatorial Guinea - Workers' remittances and compensation of employees

Personal remittances, paid (current US$)

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.

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

See also:

Year Value
1994 $331,409

Personal remittances, received (current US$)

The value for Personal remittances, received (current US$) in Equatorial Guinea was $0.00 as of 2019. As the graph below shows, over the past 27 years this indicator reached a maximum value of $1,318,515.00 in 1992 and a minimum value of $0.00 in 2005.

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.

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

See also:

Year Value
1992 $1,318,515.00
1993 $912,399.90
1994 $506,285.30
1995 $100,170.60
1996 $164,206.00
2005 $0.00
2006 $0.00
2007 $0.00
2008 $0.00
2009 $0.00
2010 $0.00
2011 $0.00
2012 $0.00
2013 $0.00
2014 $0.00
2015 $0.00
2016 $0.00
2017 $0.00
2018 $0.00
2019 $0.00

Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in Equatorial Guinea was 0.000 as of 2019. Its highest value over the past 27 years was 0.979 in 1992, while its lowest value was 0.000 in 2005.

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.

Source: World Bank staff estimates based on IMF balance of payments data, and World Bank and OECD GDP estimates.

See also:

Year Value
1992 0.979
1993 0.671
1994 0.502
1995 0.071
1996 0.071
2005 0.000
2006 0.000
2007 0.000
2008 0.000
2009 0.000
2010 0.000
2011 0.000
2012 0.000
2013 0.000
2014 0.000
2015 0.000
2016 0.000
2017 0.000
2018 0.000
2019 0.000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments