Samoa - Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in Samoa was 25.30 as of 2020. Its highest value over the past 38 years was 34.19 in 1990, while its lowest value was 0.21 in 2004.

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
1982 15.67
1983 17.88
1984 18.31
1985 25.11
1986 28.73
1987 33.12
1988 28.57
1989 33.36
1990 34.19
1991 27.87
1992 30.23
1993 24.04
1994 16.73
1995 18.02
1996 17.72
1997 16.32
1998 15.59
1999 17.26
2000 16.73
2001 16.48
2002 15.62
2003 13.28
2004 0.21
2005 17.53
2006 17.22
2007 16.94
2008 17.60
2009 20.44
2010 20.89
2011 21.65
2012 23.37
2013 21.37
2014 18.57
2015 16.65
2016 16.36
2017 16.31
2018 17.97
2019 18.22
2020 25.30

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