Germany - Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in Germany was 0.465 as of 2020. Its highest value over the past 49 years was 0.470 in 2019, while its lowest value was 0.079 in 1973.

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
1971 0.084
1972 0.082
1973 0.079
1974 0.080
1975 0.086
1976 0.087
1977 0.089
1978 0.099
1979 0.096
1980 0.250
1981 0.265
1982 0.287
1983 0.275
1984 0.271
1985 0.276
1986 0.266
1987 0.276
1988 0.274
1989 0.268
1990 0.275
1991 0.258
1992 0.231
1993 0.212
1994 0.200
1995 0.174
1996 0.173
1997 0.173
1998 0.175
1999 0.171
2000 0.185
2001 0.200
2002 0.224
2003 0.230
2004 0.232
2005 0.241
2006 0.250
2007 0.285
2008 0.293
2009 0.362
2010 0.376
2011 0.409
2012 0.415
2013 0.439
2014 0.439
2015 0.464
2016 0.438
2017 0.425
2018 0.425
2019 0.470
2020 0.465

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