Finland - Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in Finland was 0.301 as of 2020. Its highest value over the past 45 years was 0.395 in 2013, while its lowest value was 0.044 in 1990.

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
1975 0.063
1976 0.075
1977 0.139
1978 0.181
1979 0.206
1980 0.198
1981 0.183
1982 0.204
1983 0.191
1984 0.093
1985 0.091
1986 0.101
1987 0.085
1988 0.097
1989 0.060
1990 0.044
1991 0.079
1992 0.092
1993 0.086
1994 0.065
1995 0.055
1996 0.110
1997 0.185
1998 0.280
1999 0.328
2000 0.375
2001 0.379
2002 0.340
2003 0.307
2004 0.338
2005 0.338
2006 0.329
2007 0.314
2008 0.336
2009 0.342
2010 0.358
2011 0.274
2012 0.334
2013 0.395
2014 0.389
2015 0.369
2016 0.358
2017 0.355
2018 0.305
2019 0.297
2020 0.301

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