Lesotho - Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in Lesotho was 25.09 as of 2020. Its highest value over the past 45 years was 235.92 in 1987, while its lowest value was 15.71 in 2015.

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
1975 81.37
1976 93.46
1977 85.43
1978 66.57
1979 73.23
1980 60.99
1981 66.92
1982 232.22
1983 228.45
1984 230.07
1985 216.33
1986 193.40
1987 235.92
1988 184.84
1989 177.60
1990 167.43
1991 145.15
1992 134.93
1993 124.11
1994 128.98
1995 108.40
1996 98.39
1997 87.56
1998 67.98
1999 57.50
2000 53.83
2001 48.60
2002 50.10
2003 48.10
2004 41.50
2005 35.63
2006 34.10
2007 37.94
2008 32.59
2009 31.47
2010 27.30
2011 25.17
2012 22.38
2013 19.56
2014 16.10
2015 15.71
2016 21.45
2017 23.83
2018 23.14
2019 22.98
2020 25.09

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