St. Kitts and Nevis - Workers' remittances and compensation of employees

Personal remittances, paid (current US$)

The value for Personal remittances, paid (current US$) in St. Kitts and Nevis was $22,009,010 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of $27,522,310 in 2017 and a minimum value of $500,000 in 1982.

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
1980 $1,700,000
1981 $2,000,000
1982 $500,000
1983 $588,889
1984 $629,630
1985 $1,048,148
1986 $1,925,926
1987 $2,177,778
1988 $2,403,704
1989 $7,644,445
1990 $6,348,148
1993 $4,003,704
1994 $2,574,074
1995 $911,111
1996 $1,677,778
1997 $2,518,519
1998 $3,166,667
1999 $2,333,333
2000 $7,292,593
2001 $8,033,334
2002 $7,761,378
2003 $7,321,752
2004 $7,671,122
2005 $7,506,982
2006 $5,364,777
2007 $5,643,774
2008 $6,165,897
2009 $5,735,365
2010 $5,634,597
2011 $6,439,677
2012 $6,480,530
2013 $6,741,897
2014 $16,007,750
2015 $20,640,020
2016 $24,507,970
2017 $27,522,310
2018 $24,186,570
2019 $26,468,930
2020 $22,009,010

Personal remittances, received (current US$)

The value for Personal remittances, received (current US$) in St. Kitts and Nevis was $31,577,820 as of 2020. As the graph below shows, over the past 40 years this indicator reached a maximum value of $51,570,140 in 2013 and a minimum value of $792,593 in 1980.

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
1980 $792,593
1981 $1,111,111
1982 $1,100,000
1983 $1,111,111
1984 $1,311,111
1985 $1,062,963
1986 $10,518,520
1987 $11,303,700
1988 $12,162,960
1989 $19,207,410
1990 $19,285,180
1991 $1,488,889
1992 $1,474,074
1993 $15,122,220
1994 $17,603,700
1995 $18,525,930
1996 $18,974,070
1997 $19,729,630
1998 $21,492,590
1999 $23,166,670
2000 $24,274,070
2001 $24,759,260
2002 $25,386,560
2003 $26,810,400
2004 $28,447,340
2005 $30,266,230
2006 $32,834,560
2007 $36,129,650
2008 $40,099,240
2009 $38,803,150
2010 $47,033,060
2011 $44,674,840
2012 $51,049,480
2013 $51,570,140
2014 $21,762,880
2015 $24,305,010
2016 $22,553,670
2017 $24,788,350
2018 $25,939,470
2019 $42,333,820
2020 $31,577,820

Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in St. Kitts and Nevis was 3.22 as of 2020. Its highest value over the past 40 years was 9.98 in 1989, while its lowest value was 0.61 in 1992.

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
1980 1.16
1981 1.37
1982 1.28
1983 1.28
1984 1.33
1985 0.96
1986 8.05
1987 7.65
1988 7.04
1989 9.98
1990 8.88
1991 0.68
1992 0.61
1993 5.73
1994 5.96
1995 5.91
1996 5.68
1997 5.27
1998 5.61
1999 5.70
2000 5.76
2001 5.40
2002 5.28
2003 5.71
2004 5.61
2005 5.53
2006 5.10
2007 5.24
2008 5.34
2009 5.19
2010 6.19
2011 5.46
2012 6.38
2013 6.14
2014 2.37
2015 2.63
2016 2.24
2017 2.34
2018 2.41
2019 3.63
2020 3.22

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments