India - Workers' remittances

Workers' remittances, receipts (BoP, current US$)

The latest value for Workers' remittances, receipts (BoP, current US$) in India was $53,043,700,000 as of 2010. Over the past 35 years, the value for this indicator has fluctuated between $53,043,700,000 in 2010 and $429,883,700 in 1975.

Definition: 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 receipts by the reporting country. Data are in current U.S. dollars.

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

See also:

Year Value
1975 $429,883,700
1976 $641,780,800
1977 $933,730,100
1978 $1,164,171,000
1979 $1,436,396,000
1980 $2,755,695,000
1981 $2,299,526,000
1982 $2,615,758,000
1983 $2,657,602,000
1984 $2,291,685,000
1985 $2,466,924,000
1986 $2,236,889,000
1987 $2,661,945,000
1988 $2,308,572,000
1989 $2,583,987,000
1990 $2,351,866,000
1991 $3,274,879,000
1992 $2,891,408,000
1993 $3,495,315,000
1994 $5,781,754,000
1995 $6,138,999,000
1996 $8,452,994,000
1997 $10,296,650,000
1998 $9,452,584,000
1999 $11,001,990,000
2000 $12,738,250,000
2001 $14,143,960,000
2002 $15,628,840,000
2003 $20,884,270,000
2004 $18,397,250,000
2005 $21,859,150,000
2006 $28,024,800,000
2007 $36,769,760,000
2008 $49,179,630,000
2009 $48,595,850,000
2010 $53,043,700,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments