St. Lucia - Workers' remittances and compensation of employees

Personal remittances, paid (current US$)

The value for Personal remittances, paid (current US$) in St. Lucia was $105,227 as of 2016. As the graph below shows, over the past 34 years this indicator reached a maximum value of $9,992,961 in 2015 and a minimum value of $105,227 in 2016.

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
1982 $500,000
1983 $1,050,000
1984 $1,600,000
1985 $1,600,000
1986 $3,951,852
1987 $3,285,185
1988 $4,151,852
1989 $3,377,778
1990 $4,459,260
1991 $1,759,259
1993 $3,037,037
1994 $1,851,852
1995 $1,888,889
1996 $5,811,111
1997 $2,266,667
1998 $2,329,630
1999 $2,592,593
2000 $2,592,593
2001 $2,777,778
2002 $2,777,778
2003 $2,777,778
2004 $2,777,778
2005 $2,992,500
2006 $3,118,148
2007 $3,242,911
2008 $3,343,441
2009 $3,235,448
2010 $3,331,270
2011 $3,359,586
2012 $3,289,035
2013 $3,328,503
2014 $5,940,941
2015 $9,992,961
2016 $105,227

Personal remittances, received (current US$)

The value for Personal remittances, received (current US$) in St. Lucia was $1,198,694 as of 2016. As the graph below shows, over the past 33 years this indicator reached a maximum value of $32,326,810 in 2014 and a minimum value of $688,889 in 1983.

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
1983 $688,889
1984 $6,446,914
1985 $12,204,940
1986 $17,962,960
1987 $20,444,440
1988 $15,851,850
1989 $15,370,370
1990 $16,111,110
1991 $17,737,040
1992 $2,059,259
1993 $15,429,630
1994 $21,781,480
1995 $21,207,410
1996 $25,170,370
1997 $23,000,000
1998 $23,566,670
1999 $23,951,850
2000 $23,829,630
2001 $24,133,330
2002 $24,561,710
2003 $25,114,330
2004 $26,316,300
2005 $27,063,250
2006 $27,836,710
2007 $28,605,820
2008 $28,904,010
2009 $27,990,070
2010 $28,993,650
2011 $29,444,430
2012 $29,789,460
2013 $30,146,930
2014 $32,326,810
2015 $32,134,670
2016 $1,198,694

Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in St. Lucia was 0.07 as of 2016. Its highest value over the past 33 years was 6.39 in 1987, while its lowest value was 0.07 in 2016.

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
1983 0.35
1984 2.96
1985 5.06
1986 6.20
1987 6.39
1988 4.32
1989 3.70
1990 3.33
1991 3.45
1992 0.36
1993 2.68
1994 3.63
1995 3.31
1996 3.80
1997 3.40
1998 3.20
1999 3.09
2000 3.04
2001 3.24
2002 3.28
2003 3.05
2004 2.95
2005 2.85
2006 2.45
2007 2.24
2008 2.25
2009 2.22
2010 2.10
2011 2.05
2012 2.07
2013 2.02
2014 2.08
2015 1.95
2016 0.07

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments