Lebanon - Workers' remittances
Workers' remittances, receipts (BoP, current US$)
The latest value for Workers' remittances, receipts (BoP, current US$) in Lebanon was $4,361,351,000 as of 2010. Over the past 8 years, the value for this indicator has fluctuated between $6,384,722,000 in 2009 and $2,544,440,000 in 2002.
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.
Sub-Topic: Balance of payments