Kyrgyz Republic - Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in Kyrgyz Republic was 31.32 as of 2020. Its highest value over the past 27 years was 32.51 in 2018, while its lowest value was 0.06 in 1994.

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
1993 0.09
1994 0.06
1995 0.07
1996 0.13
1997 0.15
1998 0.13
1999 0.09
2000 0.16
2001 0.30
2002 1.89
2003 3.66
2004 8.10
2005 12.73
2006 16.69
2007 18.51
2008 23.80
2009 20.94
2010 26.41
2011 27.57
2012 30.75
2013 31.06
2014 30.03
2015 25.27
2016 29.28
2017 32.27
2018 32.51
2019 27.17
2020 31.32

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