St. Kitts and Nevis - 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 St. Kitts and Nevis was $5,693,211 as of 2010. As the graph below shows, over the past 30 years this indicator reached a maximum value of $8,218,519 in 2001 and a minimum value of $166,667 in 1992.

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
1980 $1,700,000
1981 $2,000,000
1982 $500,000
1983 $588,889
1984 $629,630
1985 $1,048,148
1986 $1,925,926
1987 $2,177,778
1988 $2,403,704
1989 $7,644,445
1990 $6,970,371
1992 $166,667
1993 $4,200,000
1994 $2,862,963
1995 $1,066,667
1996 $1,862,963
1997 $2,703,704
1998 $3,351,852
1999 $2,518,519
2000 $7,477,778
2001 $8,218,519
2002 $7,946,563
2003 $7,514,344
2004 $7,863,715
2005 $7,729,204
2006 $5,586,999
2007 $5,897,107
2008 $6,432,986
2009 $6,007,635
2010 $5,693,211

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

The value for Workers' remittances and compensation of employees, received (current US$) in St. Kitts and Nevis was $43,918,220 as of 2010. As the graph below shows, over the past 30 years this indicator reached a maximum value of $44,486,210 in 2008 and a minimum value of $792,593 in 1980.

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
1980 $792,593
1981 $1,111,111
1982 $1,100,000
1983 $1,111,111
1984 $1,311,111
1985 $1,062,963
1986 $10,518,520
1987 $11,303,700
1988 $12,162,960
1989 $19,207,410
1990 $19,285,180
1991 $1,488,889
1992 $1,474,074
1993 $15,122,220
1994 $17,603,700
1995 $20,229,630
1996 $21,188,890
1997 $22,451,850
1998 $24,640,740
1999 $26,088,890
2000 $27,096,300
2001 $27,801,480
2002 $28,593,900
2003 $29,933,350
2004 $31,303,940
2005 $33,522,350
2006 $36,405,590
2007 $40,256,500
2008 $44,486,210
2009 $43,469,640
2010 $43,918,220

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

Workers' remittances and compensation of employees, received (% of GDP) in St. Kitts and Nevis was 6.74 as of 2010. Its highest value over the past 30 years was 13.41 in 1989, while its lowest value was 0.81 in 1992.

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
1980 1.65
1981 1.96
1982 1.84
1983 1.86
1984 1.87
1985 1.36
1986 11.17
1987 10.45
1988 9.60
1989 13.41
1990 12.11
1991 0.90
1992 0.81
1993 7.62
1994 7.94
1995 8.77
1996 8.63
1997 8.16
1998 8.58
1999 8.55
2000 7.12
2001 6.75
2002 6.59
2003 6.90
2004 6.62
2005 6.56
2006 6.18
2007 6.22
2008 6.34
2009 6.46
2010 6.74

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments