Turkmenistan - Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in Turkmenistan was 0.002 as of 2019. Its highest value over the past 23 years was 0.258 in 2008, while its lowest value was 0.002 in 2019.

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
1996 0.186
2006 0.140
2007 0.239
2008 0.258
2009 0.167
2010 0.156
2011 0.119
2012 0.106
2013 0.102
2014 0.069
2015 0.045
2016 0.025
2017 0.011
2018 0.005
2019 0.002

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