St. Lucia - 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. Lucia was $4,469,438 as of 2010. As the graph below shows, over the past 28 years this indicator reached a maximum value of $6,551,852 in 1996 and a minimum value of $185,185 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
1982 $500,000
1983 $1,050,000
1984 $1,600,000
1985 $1,600,000
1986 $3,951,852
1987 $3,285,185
1988 $4,151,852
1989 $3,377,778
1990 $4,459,259
1991 $1,759,259
1992 $185,185
1993 $3,374,074
1994 $2,229,630
1995 $2,259,259
1996 $6,551,852
1997 $3,022,222
1998 $3,107,407
1999 $3,333,333
2000 $3,333,333
2001 $3,518,519
2002 $3,888,889
2003 $3,888,889
2004 $3,888,889
2005 $4,103,611
2006 $4,229,260
2007 $4,354,022
2008 $4,487,885
2009 $4,342,926
2010 $4,469,438

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

The value for Workers' remittances and compensation of employees, received (current US$) in St. Lucia was $31,381,730 as of 2010. As the graph below shows, over the past 27 years this indicator reached a maximum value of $31,462,550 in 2008 and a minimum value of $688,889 in 1983.

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
1983 $688,889
1984 $6,446,914
1985 $12,204,940
1986 $17,962,960
1987 $20,444,440
1988 $15,851,850
1989 $15,370,370
1990 $16,111,110
1991 $17,737,040
1992 $2,059,259
1993 $15,429,630
1994 $21,781,480
1995 $23,055,560
1996 $27,392,590
1997 $25,222,220
1998 $25,922,220
1999 $26,544,450
2000 $26,440,740
2001 $26,867,410
2002 $26,778,570
2003 $27,371,640
2004 $28,650,370
2005 $29,460,350
2006 $30,308,130
2007 $31,139,020
2008 $31,462,550
2009 $30,467,700
2010 $31,381,730

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

Workers' remittances and compensation of employees, received (% of GDP) in St. Lucia was 2.62 as of 2010. Its highest value over the past 27 years was 8.43 in 1987, while its lowest value was 0.43 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
1983 0.45
1984 3.27
1985 6.45
1986 7.96
1987 8.43
1988 5.79
1989 4.93
1990 4.06
1991 4.11
1992 0.43
1993 3.14
1994 4.21
1995 4.11
1996 4.84
1997 4.17
1998 3.94
1999 3.83
2000 3.67
2001 3.93
2002 3.85
2003 3.62
2004 3.45
2005 3.34
2006 3.08
2007 2.93
2008 2.79
2009 2.76
2010 2.62

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments