Netherlands - Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in Netherlands was 0.258 as of 2020. Its highest value over the past 50 years was 0.511 in 1973, while its lowest value was 0.102 in 2000.

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
1970 0.350
1971 0.456
1972 0.479
1973 0.511
1974 0.399
1975 0.334
1976 0.301
1977 0.316
1978 0.287
1979 0.307
1980 0.310
1981 0.339
1982 0.414
1983 0.370
1984 0.342
1985 0.349
1986 0.312
1987 0.307
1988 0.311
1989 0.298
1990 0.223
1991 0.205
1992 0.218
1993 0.255
1994 0.260
1995 0.147
1996 0.155
1997 0.159
1998 0.144
1999 0.109
2000 0.102
2001 0.112
2002 0.102
2003 0.193
2004 0.197
2005 0.184
2006 0.212
2007 0.192
2008 0.173
2009 0.197
2010 0.203
2011 0.198
2012 0.196
2013 0.185
2014 0.166
2015 0.300
2016 0.275
2017 0.267
2018 0.271
2019 0.248
2020 0.258

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