Gabon - Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in Gabon was 0.116 as of 2020. Its highest value over the past 42 years was 0.267 in 2010, while its lowest value was 0.000 in 2006.

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
1978 0.004
1979 0.003
1980 0.001
1981 0.005
1982 0.002
1983 0.009
1984 0.003
1985 0.004
1986 0.007
1987 0.009
1988 0.004
1989 0.004
1990 0.015
1991 0.030
1992 0.041
1993 0.069
1994 0.090
1995 0.090
1996 0.101
1997 0.115
1998 0.124
1999 0.091
2000 0.119
2001 0.107
2002 0.053
2003 0.092
2004 0.088
2005 0.115
2006 0.000
2007 0.116
2008 0.133
2009 0.114
2010 0.267
2011 0.120
2012 0.132
2013 0.094
2014 0.162
2015 0.128
2016 0.132
2017 0.124
2018 0.109
2019 0.109
2020 0.116

Aggregation method: Weighted average

Periodicity: Annual

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

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments