Nicaragua - 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 Nicaragua was $2,600,000 as of 1983. As the graph below shows, over the past 6 years this indicator reached a maximum value of $5,100,000 in 1978 and a minimum value of $2,000,000 in 1980.

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
1977 $4,600,000
1978 $5,100,000
1979 $4,000,000
1980 $2,000,000
1981 $4,200,000
1982 $2,000,000
1983 $2,600,000

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

The value for Workers' remittances and compensation of employees, received (current US$) in Nicaragua was $822,800,000 as of 2010. As the graph below shows, over the past 33 years this indicator reached a maximum value of $822,800,000 in 2010 and a minimum value of $3,900,000 in 1977.

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
1977 $3,900,000
1978 $4,100,000
1979 $4,500,000
1992 $10,000,000
1993 $25,000,000
1994 $50,000,000
1995 $75,000,000
1996 $95,000,000
1997 $150,000,000
1998 $200,000,000
1999 $300,000,000
2000 $320,000,000
2001 $335,700,000
2002 $376,500,000
2003 $438,800,000
2004 $518,800,000
2005 $615,700,000
2006 $697,500,000
2007 $739,600,000
2008 $818,100,000
2009 $768,400,000
2010 $822,800,000

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

Workers' remittances and compensation of employees, received (% of GDP) in Nicaragua was 12.56 as of 2010. Its highest value over the past 33 years was 13.34 in 2006, while its lowest value was 0.18 in 1977.

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
1977 0.18
1978 0.19
1979 0.29
1992 0.56
1993 1.42
1994 1.68
1995 2.35
1996 2.86
1997 4.43
1998 5.60
1999 8.02
2000 8.13
2001 8.18
2002 9.35
2003 10.70
2004 11.61
2005 12.64
2006 13.34
2007 13.06
2008 12.84
2009 12.37
2010 12.56

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments