New Zealand - 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 New Zealand was $1,167,416,000 as of 2010. As the graph below shows, over the past 38 years this indicator reached a maximum value of $1,311,695,000 in 2008 and a minimum value of $52,588,800 in 1972.

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
1972 $52,588,800
1973 $77,360,290
1974 $109,029,500
1975 $99,722,790
1976 $95,532,960
1977 $98,999,170
1978 $129,610,900
1979 $140,009,900
1980 $150,951,800
1981 $192,109,300
1982 $134,221,700
1983 $131,855,200
1984 $121,539,600
1985 $126,944,200
1986 $171,737,400
1987 $241,905,800
1988 $347,438,800
1989 $352,945,700
1990 $366,592,100
1991 $349,928,300
1992 $310,627,400
1993 $290,843,300
1994 $349,057,500
1995 $427,224,200
1996 $604,967,400
1997 $683,438,800
1998 $436,495,100
1999 $469,204,000
2000 $459,297,900
2001 $398,156,400
2002 $393,043,000
2003 $605,386,000
2004 $858,318,800
2005 $990,521,100
2006 $917,768,100
2007 $1,275,290,000
2008 $1,311,695,000
2009 $977,100,200
2010 $1,167,416,000

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

The value for Workers' remittances and compensation of employees, received (current US$) in New Zealand was $842,555,700 as of 2010. As the graph below shows, over the past 38 years this indicator reached a maximum value of $2,039,780,000 in 1996 and a minimum value of $107,568,000 in 1972.

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
1972 $107,568,000
1973 $156,077,800
1974 $162,146,500
1975 $157,393,800
1976 $127,377,300
1977 $143,645,900
1978 $155,533,100
1979 $207,459,900
1980 $256,152,600
1981 $259,673,500
1982 $294,577,400
1983 $300,758,900
1984 $275,288,900
1985 $256,343,100
1986 $303,651,400
1987 $379,271,800
1988 $491,960,000
1989 $584,966,000
1990 $761,847,600
1991 $651,125,400
1992 $602,392,100
1993 $832,968,300
1994 $1,154,773,000
1995 $1,651,630,000
1996 $2,039,780,000
1997 $1,010,340,000
1998 $259,445,500
1999 $257,530,800
2000 $236,390,100
2001 $840,593,500
2002 $1,148,155,000
2003 $1,065,288,000
2004 $958,420,900
2005 $739,446,400
2006 $650,184,400
2007 $654,032,600
2008 $640,682,800
2009 $627,738,700
2010 $842,555,700

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

Workers' remittances and compensation of employees, received (% of GDP) in New Zealand was 0.50 as of 2009. Its highest value over the past 37 years was 2.96 in 1996, while its lowest value was 0.45 in 1999.

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
1972 1.14
1973 1.23
1974 1.18
1975 1.24
1976 0.95
1977 0.94
1978 0.85
1979 1.02
1980 1.12
1981 1.08
1982 1.24
1983 1.26
1984 1.30
1985 1.06
1986 1.01
1987 0.96
1988 1.11
1989 1.36
1990 1.71
1991 1.56
1992 1.48
1993 1.82
1994 2.13
1995 2.63
1996 2.96
1997 1.56
1998 0.47
1999 0.45
2000 0.46
2001 1.59
2002 1.75
2003 1.23
2004 0.94
2005 0.67
2006 0.59
2007 0.47
2008 0.54
2009 0.50

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments