Macao SAR, China - 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 Macao SAR, China was $693,000,000 as of 2010. As the graph below shows, over the past 8 years this indicator reached a maximum value of $959,631,500 in 2008 and a minimum value of $115,290,700 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 $115,290,700
2003 $118,607,600
2004 $160,108,800
2005 $227,273,200
2006 $493,812,000
2007 $838,207,200
2008 $959,631,500
2009 $692,700,900
2010 $693,000,000

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

The value for Workers' remittances and compensation of employees, received (current US$) in Macao SAR, China was $835,145,800 as of 2010. As the graph below shows, over the past 8 years this indicator reached a maximum value of $835,145,800 in 2010 and a minimum value of $161,150,900 in 2003.

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 $208,095,300
2003 $161,150,900
2004 $355,107,100
2005 $587,538,600
2006 $511,446,300
2007 $398,714,300
2008 $507,079,100
2009 $724,792,600
2010 $835,145,800

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

Workers' remittances and compensation of employees, received (% of GDP) in Macao SAR, China was 2.99 as of 2010. Its highest value over the past 8 years was 5.00 in 2005, while its lowest value was 2.04 in 2003.

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 2.98
2003 2.04
2004 3.47
2005 5.00
2006 3.52
2007 2.21
2008 2.45
2009 3.40
2010 2.99

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments