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.

See also:

Year Value
2002 $2,544,440,000
2003 $3,963,687,000
2004 $5,182,508,000
2005 $4,257,417,000
2006 $4,623,004,000
2007 $5,022,440,000
2008 $5,775,100,000
2009 $6,384,722,000
2010 $4,361,351,000

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments