Kazakhstan - Workers' remittances and compensation of employees

Personal remittances, paid (current US$)

The value for Personal remittances, paid (current US$) in Kazakhstan was $2,080,835,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of $4,212,278,000 in 2007 and a minimum value of $6,600,000 in 1995.

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
1995 $6,600,000
1996 $19,200,000
1997 $24,100,000
1998 $35,900,000
1999 $60,500,000
2000 $121,441,900
2001 $203,146,500
2002 $364,817,600
2003 $650,850,400
2004 $1,219,484,000
2005 $1,893,132,000
2006 $2,958,486,000
2007 $4,212,278,000
2008 $3,461,672,000
2009 $2,934,061,000
2010 $3,005,775,000
2011 $3,409,436,000
2012 $3,432,440,000
2013 $3,386,494,000
2014 $3,457,352,000
2015 $3,181,476,000
2016 $2,396,148,000
2017 $2,690,697,000
2018 $2,680,081,000
2019 $2,660,170,000
2020 $2,080,835,000

Personal remittances, received (current US$)

The value for Personal remittances, received (current US$) in Kazakhstan was $374,391,300 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of $618,039,400 in 2018 and a minimum value of $1,200,000 in 1996.

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
1995 $116,100,000
1996 $1,200,000
1997 $1,200,000
1998 $6,400,000
1999 $3,600,000
2000 $67,472,440
2001 $85,039,400
2002 $111,248,200
2003 $42,197,790
2004 $57,377,330
2005 $62,021,920
2006 $83,589,870
2007 $142,991,400
2008 $125,570,500
2009 $198,201,200
2010 $225,556,200
2011 $179,708,300
2012 $282,984,900
2013 $341,405,900
2014 $401,381,000
2015 $294,269,700
2016 $384,165,400
2017 $560,421,000
2018 $618,039,400
2019 $506,076,000
2020 $374,391,300

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

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments