Lesotho - Workers' remittances and compensation of employees

Personal remittances, paid (current US$)

The value for Personal remittances, paid (current US$) in Lesotho was $0.00 as of 2015. As the graph below shows, over the past 20 years this indicator reached a maximum value of $75,360,110.00 in 1995 and a minimum value of $0.00 in 2005.

Definition: Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.

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

See also:

Year Value
1995 $75,360,110.00
1996 $60,481,620.00
1997 $56,305,060.00
1998 $55,623,930.00
1999 $34,060,380.00
2000 $10,318,300.00
2001 $9,554,951.00
2002 $7,967,421.00
2003 $10,110,390.00
2004 $11,025,070.00
2005 $0.00
2006 $0.00
2007 $0.00
2008 $0.00
2009 $0.00
2010 $0.00
2011 $0.00
2012 $0.00
2013 $0.00
2014 $0.00
2015 $0.00

Personal remittances, received (current US$)

The value for Personal remittances, received (current US$) in Lesotho was $470,565,600 as of 2020. As the graph below shows, over the past 45 years this indicator reached a maximum value of $1,132,746,000 in 1994 and a minimum value of $121,702,600 in 1975.

Definition: Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees. Data are in current U.S. dollars.

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

See also:

Year Value
1975 $121,702,600
1976 $138,000,000
1977 $165,140,000
1978 $177,445,000
1979 $212,464,600
1980 $263,214,100
1981 $290,572,200
1982 $809,851,100
1983 $883,397,100
1984 $766,484,900
1985 $581,114,900
1986 $616,682,800
1987 $950,243,100
1988 $869,488,200
1989 $879,817,000
1990 $998,588,200
1991 $1,022,332,000
1992 $1,121,339,000
1993 $1,037,070,000
1994 $1,132,746,000
1995 $1,086,080,000
1996 $930,876,700
1997 $873,843,500
1998 $631,203,800
1999 $524,887,100
2000 $477,597,100
2001 $401,257,800
2002 $388,679,100
2003 $556,865,000
2004 $627,155,100
2005 $599,353,500
2006 $613,864,600
2007 $638,151,400
2008 $575,856,900
2009 $547,925,100
2010 $610,124,800
2011 $649,335,700
2012 $554,558,500
2013 $462,918,800
2014 $392,994,300
2015 $370,828,500
2016 $453,529,600
2017 $549,810,100
2018 $581,803,800
2019 $543,706,900
2020 $470,565,600

Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in Lesotho was 25.09 as of 2020. Its highest value over the past 45 years was 235.92 in 1987, while its lowest value was 15.71 in 2015.

Definition: Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.

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

See also:

Year Value
1975 81.37
1976 93.46
1977 85.43
1978 66.57
1979 73.23
1980 60.99
1981 66.92
1982 232.22
1983 228.45
1984 230.07
1985 216.33
1986 193.40
1987 235.92
1988 184.84
1989 177.60
1990 167.43
1991 145.15
1992 134.93
1993 124.11
1994 128.98
1995 108.40
1996 98.39
1997 87.56
1998 67.98
1999 57.50
2000 53.83
2001 48.60
2002 50.10
2003 48.10
2004 41.50
2005 35.63
2006 34.10
2007 37.94
2008 32.59
2009 31.47
2010 27.30
2011 25.17
2012 22.38
2013 19.56
2014 16.10
2015 15.71
2016 21.45
2017 23.83
2018 23.14
2019 22.98
2020 25.09

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments