Djibouti - Workers' remittances and compensation of employees

Personal remittances, paid (current US$)

The value for Personal remittances, paid (current US$) in Djibouti was $1,688,039 as of 2020. As the graph below shows, over the past 23 years this indicator reached a maximum value of $12,857,230 in 2011 and a minimum value of $365,742 in 1997.

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
1997 $365,742
1998 $1,356,058
1999 $1,496,728
2000 $1,761,188
2001 $1,778,068
2002 $1,688,039
2003 $4,839,046
2004 $4,670,242
2005 $4,670,242
2006 $4,726,510
2007 $4,698,376
2008 $5,120,386
2009 $5,789,974
2010 $11,619,340
2011 $12,857,230
2012 $12,407,090
2020 $1,688,039

Personal remittances, received (current US$)

The value for Personal remittances, received (current US$) in Djibouti was $64,055,460 as of 2020. As the graph below shows, over the past 29 years this indicator reached a maximum value of $79,461,630 in 2019 and a minimum value of $10,944,120 in 1996.

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
1991 $13,121,690
1992 $13,121,690
1993 $19,035,450
1994 $13,549,330
1995 $11,889,420
1996 $10,944,120
1997 $11,473,040
1998 $11,940,060
1999 $11,563,070
2000 $12,288,930
2001 $11,945,690
2002 $14,956,030
2003 $24,667,880
2004 $24,741,030
2005 $25,849,510
2006 $28,471,590
2007 $28,640,400
2008 $30,328,440
2009 $32,466,620
2010 $32,641,050
2011 $32,359,710
2012 $33,265,620
2013 $39,787,080
2014 $37,879,600
2015 $39,713,930
2016 $40,237,220
2017 $41,323,200
2018 $59,857,870
2019 $79,461,630
2020 $64,055,460

Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in Djibouti was 1.89 as of 2020. Its highest value over the past 29 years was 4.08 in 1993, while its lowest value was 1.50 in 2017.

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
1991 2.84
1992 2.74
1993 4.08
1994 2.76
1995 2.39
1996 2.22
1997 2.28
1998 2.32
1999 2.16
2000 2.23
2001 2.09
2002 2.53
2003 3.97
2004 3.71
2005 3.65
2006 3.70
2007 3.38
2008 3.04
2009 3.09
2010 2.89
2011 2.61
2012 2.46
2013 1.95
2014 1.71
2015 1.63
2016 1.55
2017 1.50
2018 1.99
2019 2.39
2020 1.89

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments