Kyrgyz Republic - Workers' remittances and compensation of employees

Personal remittances, paid (current US$)

The value for Personal remittances, paid (current US$) in Kyrgyz Republic was $505,591,100 as of 2020. As the graph below shows, over the past 27 years this indicator reached a maximum value of $573,920,100 in 2019 and a minimum value of $1,654,000 in 1993.

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
1993 $1,654,000
1994 $3,706,000
1995 $9,817,000
1996 $7,780,000
1997 $14,000,000
1998 $15,311,640
1999 $11,888,970
2000 $11,170,040
2001 $13,344,070
2002 $14,369,920
2003 $18,427,290
2004 $29,582,510
2005 $53,275,430
2006 $68,113,500
2007 $90,495,430
2008 $100,559,400
2009 $107,496,100
2010 $167,720,000
2011 $227,621,500
2012 $285,908,200
2013 $389,512,600
2014 $453,942,300
2015 $362,555,000
2016 $377,876,100
2017 $476,119,300
2018 $560,492,200
2019 $573,920,100
2020 $505,591,100

Personal remittances, received (current US$)

The value for Personal remittances, received (current US$) in Kyrgyz Republic was $2,422,825,000 as of 2020. As the graph below shows, over the past 27 years this indicator reached a maximum value of $2,688,570,000 in 2018 and a minimum value of $1,002,000 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. Data are in current U.S. dollars.

Source: World Bank staff estimates based on IMF balance of payments data.

See also:

Year Value
1993 $1,785,000
1994 $1,002,000
1995 $1,243,000
1996 $2,440,000
1997 $2,740,000
1998 $2,214,200
1999 $1,143,500
2000 $2,243,715
2001 $4,533,929
2002 $30,293,200
2003 $70,327,780
2004 $179,057,400
2005 $313,250,300
2006 $473,071,900
2007 $704,004,700
2008 $1,223,273,000
2009 $981,964,000
2010 $1,266,195,000
2011 $1,708,694,000
2012 $2,031,374,000
2013 $2,277,998,000
2014 $2,242,827,000
2015 $1,687,702,000
2016 $1,994,608,000
2017 $2,485,778,000
2018 $2,688,570,000
2019 $2,410,507,000
2020 $2,422,825,000

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

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments