Burundi - Workers' remittances and compensation of employees

Personal remittances, paid (current US$)

The value for Personal remittances, paid (current US$) in Burundi was $19,085,450 as of 2016. As the graph below shows, over the past 31 years this indicator reached a maximum value of $21,041,440 in 2015 and a minimum value of $193,606 in 2005.

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. Data are in current U.S. dollars.

Source: World Bank staff estimates based on IMF balance of payments data.

See also:

Year Value
1985 $8,542,494
1986 $6,998,270
1987 $8,797,072
1988 $5,940,383
1989 $5,376,051
1990 $5,313,701
1991 $4,363,334
1992 $6,821,804
1993 $5,997,199
1994 $3,930,144
1995 $4,496,362
1996 $4,508,720
1997 $2,332,902
1998 $2,158,494
1999 $2,087,967
2000 $2,463,668
2001 $2,355,624
2002 $2,825,144
2003 $3,267,998
2004 $330,639
2005 $193,606
2006 $206,186
2007 $225,443
2008 $241,800
2009 $1,114,228
2010 $4,957,959
2011 $6,163,321
2012 $5,235,127
2013 $6,978,499
2014 $14,846,060
2015 $21,041,440
2016 $19,085,450

Personal remittances, received (current US$)

The value for Personal remittances, received (current US$) in Burundi was $31,276,060 as of 2016. As the graph below shows, over the past 12 years this indicator reached a maximum value of $56,262,590 in 2014 and a minimum value of $11,471 in 2006.

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. Data are in current U.S. dollars.

Source: World Bank staff estimates based on IMF balance of payments data.

See also:

Year Value
2004 $41,784
2005 $71,562
2006 $11,471
2007 $189,949
2008 $3,645,217
2009 $28,232,150
2010 $34,498,930
2011 $45,463,180
2012 $46,433,650
2013 $48,639,470
2014 $56,262,590
2015 $51,041,090
2016 $31,276,060

Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in Burundi was 1.04 as of 2016. Its highest value over the past 12 years was 1.93 in 2011, while its lowest value was 0.00 in 2006.

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
2004 0.00
2005 0.01
2006 0.00
2007 0.01
2008 0.23
2009 1.62
2010 1.70
2011 1.93
2012 1.88
2013 1.79
2014 1.82
2015 1.66
2016 1.04

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments