Lebanon - Workers' remittances and compensation of employees

Workers' remittances and compensation of employees, paid (current US$)

The value for Workers' remittances and compensation of employees, paid (current US$) in Lebanon was $3,736,863,000 as of 2010. As the graph below shows, over the past 8 years this indicator reached a maximum value of $5,749,154,000 in 2009 and a minimum value of $2,520,630,000 in 2002.

Definition: Workers' remittances and compensation of employees received are current transfers by migrant workers and wages and salaries of nonresident workers. Data are in current U.S. dollars.

Source: World Bank staff estimates based on IMF balance of payments data.

See also:

Year Value
2002 $2,520,630,000
2003 $4,081,076,000
2004 $4,232,697,000
2005 $4,011,675,000
2006 $3,445,149,000
2007 $2,961,900,000
2008 $4,365,960,000
2009 $5,749,154,000
2010 $3,736,863,000

Workers' remittances and compensation of employees, received (current US$)

The value for Workers' remittances and compensation of employees, received (current US$) in Lebanon was $7,558,139,000 as of 2010. As the graph below shows, over the past 8 years this indicator reached a maximum value of $7,558,139,000 in 2010 and a minimum value of $2,544,451,000 in 2002.

Definition: Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Data are in current U.S. dollars.

Source: World Bank staff estimates based on IMF balance of payments data.

See also:

Year Value
2002 $2,544,451,000
2003 $4,743,000,000
2004 $5,591,436,000
2005 $4,924,311,000
2006 $5,202,238,000
2007 $5,769,240,000
2008 $7,180,590,000
2009 $7,558,139,000
2010 $7,558,139,000

Workers' remittances and compensation of employees, received (% of GDP)

Workers' remittances and compensation of employees, received (% of GDP) in Lebanon was 19.38 as of 2010. Its highest value over the past 8 years was 25.66 in 2004, while its lowest value was 13.29 in 2002.

Definition: Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers.

Source: World Bank staff estimates based on IMF balance of payments data, and World Bank and OECD GDP estimates.

See also:

Year Value
2002 13.29
2003 23.62
2004 25.66
2005 22.53
2006 23.18
2007 23.02
2008 23.87
2009 21.64
2010 19.38

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments