Honduras - Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in Honduras was 23.62 as of 2020. Its highest value over the past 46 years was 23.62 in 2020, while its lowest value was 0.04 in 1982.

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 0.08
1975 0.07
1976 0.06
1977 0.06
1978 0.04
1979 0.04
1980 0.04
1981 0.04
1982 0.04
1983 0.04
1984 0.04
1985 0.04
1986 0.04
1987 0.54
1988 0.71
1989 0.89
1990 1.28
1991 1.78
1992 2.27
1993 1.29
1994 1.92
1995 2.32
1996 3.02
1997 3.31
1998 3.53
1999 5.12
2000 6.68
2001 8.07
2002 10.31
2003 10.63
2004 13.33
2005 18.66
2006 21.75
2007 21.29
2008 20.46
2009 17.10
2010 16.64
2011 15.98
2012 15.87
2013 16.86
2014 17.18
2015 17.60
2016 17.92
2017 18.81
2018 19.99
2019 21.68
2020 23.62

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