Eswatini - Workers' remittances and compensation of employees

Personal remittances, paid (current US$)

The value for Personal remittances, paid (current US$) in Eswatini was $24,421,400 as of 2020. As the graph below shows, over the past 44 years this indicator reached a maximum value of $49,547,870 in 2012 and a minimum value of $1,035,000 in 1976.

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
1976 $1,035,000
1977 $1,265,000
1978 $8,050,000
1979 $9,503,467
1980 $8,731,494
1981 $9,812,386
1982 $9,762,245
1983 $13,104,750
1984 $13,150,070
1985 $10,436,740
1986 $12,603,770
1987 $5,451,777
1988 $4,574,510
1989 $4,384,832
1990 $4,096,902
1991 $5,142,478
1992 $7,573,595
1993 $6,645,875
1994 $5,893,604
1995 $3,443,537
1996 $3,658,228
1997 $2,158,438
1998 $1,624,374
1999 $6,775,368
2000 $20,743,450
2001 $26,487,650
2002 $21,147,360
2003 $38,856,180
2004 $4,102,672
2005 $7,976,786
2006 $16,586,310
2007 $7,861,623
2008 $6,339,630
2009 $10,725,160
2010 $11,692,040
2011 $27,857,280
2012 $49,547,870
2013 $27,141,110
2014 $17,501,860
2015 $19,330,860
2016 $18,849,750
2017 $19,467,170
2018 $24,233,540
2019 $26,891,450
2020 $24,421,400

Personal remittances, received (current US$)

The value for Personal remittances, received (current US$) in Eswatini was $112,495,400 as of 2020. As the graph below shows, over the past 46 years this indicator reached a maximum value of $144,415,400 in 2017 and a minimum value of $3,532,128 in 1974.

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
1974 $3,532,128
1975 $7,978,280
1976 $9,775,000
1977 $12,075,000
1978 $14,260,000
1979 $16,868,650
1980 $35,311,190
1981 $39,934,130
1982 $37,207,050
1983 $53,047,300
1984 $52,668,060
1985 $47,550,160
1986 $55,010,180
1987 $78,878,870
1988 $94,789,120
1989 $109,773,300
1990 $112,819,400
1991 $108,643,900
1992 $110,693,700
1993 $82,737,570
1994 $77,068,580
1995 $82,223,880
1996 $75,395,830
1997 $83,751,340
1998 $78,365,180
1999 $70,009,840
2000 $56,796,070
2001 $52,717,100
2002 $44,130,940
2003 $65,225,300
2004 $82,797,580
2005 $95,421,870
2006 $95,655,070
2007 $95,122,180
2008 $89,637,370
2009 $93,457,760
2010 $54,690,320
2011 $63,506,470
2012 $88,545,680
2013 $75,120,420
2014 $95,824,460
2015 $95,771,400
2016 $98,421,040
2017 $144,415,400
2018 $125,737,300
2019 $118,702,100
2020 $112,495,400

Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in Eswatini was 2.83 as of 2020. Its highest value over the past 46 years was 15.75 in 1989, while its lowest value was 1.23 in 2010.

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
1974 1.34
1975 2.77
1976 3.59
1977 3.97
1978 4.19
1979 4.09
1980 6.51
1981 7.00
1982 6.92
1983 9.55
1984 10.65
1985 13.21
1986 12.25
1987 13.50
1988 13.70
1989 15.75
1990 10.12
1991 9.40
1992 8.62
1993 6.10
1994 5.43
1995 4.84
1996 4.70
1997 4.88
1998 4.97
1999 4.52
2000 3.27
2001 3.42
2002 3.08
2003 2.97
2004 2.99
2005 3.00
2006 2.91
2007 2.74
2008 2.72
2009 2.61
2010 1.23
2011 1.32
2012 1.81
2013 1.63
2014 2.17
2015 2.36
2016 2.58
2017 3.28
2018 2.70
2019 2.64
2020 2.83

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments