Argentina - Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in Argentina was 0.162 as of 2020. Its highest value over the past 42 years was 0.232 in 2006, while its lowest value was 0.007 in 1992.

Definition: Personal remittances comprise personal transfers and compensation of employees. Personal transfers consist of all current transfers in cash or in kind made or received by resident households to or from nonresident households. Personal transfers thus include all current transfers between resident and nonresident individuals. Compensation of employees refers to the income of border, seasonal, and other short-term workers who are employed in an economy where they are not resident and of residents employed by nonresident entities. Data are the sum of two items defined in the sixth edition of the IMF's Balance of Payments Manual: personal transfers and compensation of employees.

Source: World Bank staff estimates based on IMF balance of payments data, and World Bank and OECD GDP estimates.

See also:

Year Value
1978 0.045
1979 0.061
1980 0.073
1981 0.053
1982 0.033
1983 0.027
1984 0.040
1985 0.031
1986 0.029
1987 0.031
1988 0.024
1989 0.035
1990 0.016
1991 0.010
1992 0.007
1993 0.024
1994 0.024
1995 0.025
1996 0.024
1997 0.022
1998 0.023
1999 0.023
2000 0.030
2001 0.071
2002 0.211
2003 0.214
2004 0.189
2005 0.217
2006 0.232
2007 0.211
2008 0.195
2009 0.189
2010 0.152
2011 0.132
2012 0.106
2013 0.097
2014 0.096
2015 0.083
2016 0.070
2017 0.075
2018 0.100
2019 0.120
2020 0.162

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments