Malaysia - Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in Malaysia was 0.425 as of 2020. Its highest value over the past 45 years was 0.839 in 2006, while its lowest value was 0.022 in 1979.

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 0.045
1976 0.036
1977 0.031
1978 0.026
1979 0.022
1987 0.152
1988 0.283
1989 0.357
1990 0.421
1991 0.265
1992 0.259
1993 0.262
1994 0.160
1995 0.131
1996 0.163
1997 0.194
1998 0.263
1999 0.408
2000 0.365
2001 0.396
2002 0.431
2003 0.518
2004 0.643
2005 0.778
2006 0.839
2007 0.804
2008 0.576
2009 0.559
2010 0.432
2011 0.407
2012 0.411
2013 0.440
2014 0.467
2015 0.545
2016 0.532
2017 0.517
2018 0.470
2019 0.437
2020 0.425

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