Mali - Workers' remittances and compensation of employees

Personal remittances, paid (current US$)

The value for Personal remittances, paid (current US$) in Mali was $206,961,500 as of 2018. As the graph below shows, over the past 43 years this indicator reached a maximum value of $206,961,500 in 2018 and a minimum value of $6,186,918 in 1977.

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
1975 $11,548,530
1976 $7,825,889
1977 $6,186,918
1978 $11,965,120
1979 $19,509,060
1980 $18,932,260
1981 $15,272,430
1982 $14,454,990
1983 $13,121,090
1984 $11,671,640
1985 $28,713,700
1986 $37,827,830
1987 $43,921,440
1988 $39,886,080
1989 $42,067,870
1990 $45,396,980
1991 $51,221,720
1992 $69,174,790
1993 $55,727,700
1994 $36,635,140
1995 $42,231,930
1996 $22,679,980
1997 $21,436,790
1998 $32,302,640
1999 $29,814,890
2000 $26,321,100
2001 $23,288,000
2002 $30,323,330
2003 $57,610,080
2004 $63,903,030
2005 $69,331,200
2006 $57,163,060
2007 $82,667,940
2008 $104,777,700
2009 $166,904,500
2010 $175,881,400
2011 $128,945,500
2012 $110,782,400
2013 $133,904,100
2014 $147,305,700
2015 $132,857,100
2016 $160,270,900
2017 $155,032,600
2018 $206,961,500

Personal remittances, received (current US$)

The value for Personal remittances, received (current US$) in Mali was $987,299,900 as of 2020. As the graph below shows, over the past 45 years this indicator reached a maximum value of $1,022,074,000 in 2019 and a minimum value of $17,744,260 in 1976.

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
1975 $23,307,040
1976 $17,744,260
1977 $26,497,920
1978 $44,315,270
1979 $54,061,260
1980 $59,399,980
1981 $47,657,340
1982 $39,408,870
1983 $36,476,620
1984 $32,497,500
1985 $66,998,630
1986 $68,436,610
1987 $88,175,630
1988 $73,225,220
1989 $75,954,140
1990 $106,918,000
1991 $93,014,380
1992 $116,550,600
1993 $125,616,900
1994 $103,187,200
1995 $112,110,900
1996 $110,719,800
1997 $91,724,870
1998 $84,462,840
1999 $86,308,390
2000 $73,163,950
2001 $88,167,260
2002 $137,653,700
2003 $153,799,000
2004 $155,463,500
2005 $177,186,100
2006 $211,841,800
2007 $343,921,200
2008 $430,990,900
2009 $453,740,400
2010 $472,745,500
2011 $784,108,000
2012 $827,464,300
2013 $894,509,100
2014 $920,264,900
2015 $816,601,800
2016 $826,681,000
2017 $883,257,600
2018 $1,022,074,000
2019 $1,022,074,000
2020 $987,299,900

Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in Mali was 5.65 as of 2020. Its highest value over the past 45 years was 6.75 in 2013, while its lowest value was 1.89 in 1976.

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 2.81
1976 1.89
1977 2.52
1978 3.62
1979 3.39
1980 3.38
1981 3.10
1982 2.95
1983 2.81
1984 2.64
1985 4.81
1986 3.69
1987 4.22
1988 3.38
1989 3.48
1990 3.99
1991 3.41
1992 4.12
1993 4.46
1994 4.96
1995 4.14
1996 3.98
1997 3.40
1998 2.89
1999 2.51
2000 2.47
2001 2.54
2002 3.52
2003 3.26
2004 2.85
2005 2.84
2006 3.07
2007 4.22
2008 4.38
2009 4.43
2010 4.42
2011 6.03
2012 6.65
2013 6.75
2014 6.41
2015 6.23
2016 5.89
2017 5.75
2018 5.99
2019 5.91
2020 5.65

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments