Kazakhstan - Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in Kazakhstan was 0.219 as of 2020. Its highest value over the past 25 years was 0.570 in 1995, while its lowest value was 0.005 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.

Source: World Bank staff estimates based on IMF balance of payments data, and World Bank and OECD GDP estimates.

See also:

Year Value
1995 0.570
1996 0.006
1997 0.005
1998 0.029
1999 0.021
2000 0.369
2001 0.384
2002 0.452
2003 0.137
2004 0.133
2005 0.109
2006 0.103
2007 0.136
2008 0.094
2009 0.172
2010 0.152
2011 0.093
2012 0.136
2013 0.144
2014 0.181
2015 0.160
2016 0.280
2017 0.336
2018 0.345
2019 0.279
2020 0.219

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