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

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.

Description: The map below shows how Workers' remittances, receipts (BoP, current US$) varies by country. The shade of the country corresponds to the magnitude of the indicator. The darker the shade, the higher the value. The country with the highest value in the world is India, with a value of $53,043,700,000.00. The country with the lowest value in the world is Malta, with a value of $170,267.40.

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

See also: Country ranking, Time series comparison

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