Zimbabwe - Workers' remittances and compensation of employees

Personal remittances, paid (current US$)

The value for Personal remittances, paid (current US$) in Zimbabwe was $21,707,090 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of $134,978,000 in 1980 and a minimum value of $6,239,536 in 1994.

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
1977 $40,218,500
1978 $42,233,240
1979 $94,783,650
1980 $134,978,000
1981 $122,062,900
1982 $110,731,500
1983 $83,272,190
1984 $62,716,940
1985 $15,254,610
1986 $20,079,190
1987 $16,780,280
1988 $15,489,000
1989 $15,853,200
1990 $9,116,352
1991 $7,196,324
1992 $9,136,898
1993 $6,691,332
1994 $6,239,536
2009 $8,559,308
2010 $9,021,510
2011 $9,445,521
2012 $9,889,461
2013 $10,354,270
2014 $10,840,920
2015 $11,350,440
2016 $13,844,870
2017 $18,575,000
2018 $29,278,890
2019 $13,480,570
2020 $21,707,090

Personal remittances, received (current US$)

The value for Personal remittances, received (current US$) in Zimbabwe was $1,832,039,000.00 as of 2020. As the graph below shows, over the past 43 years this indicator reached a maximum value of $2,113,580,000.00 in 2012 and a minimum value of $0.00 in 2005.

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
1977 $17,645,270.00
1978 $12,892,250.00
1979 $19,397,580.00
1980 $16,891,620.00
1981 $28,294,630.00
1982 $32,895,340.00
1983 $19,556,180.00
1984 $3,806,287.00
1985 $619,640.80
1986 $785,054.60
1987 $1,143,026.00
1988 $1,382,947.00
1989 $712,248.90
1990 $848,635.90
1991 $349,842.10
1992 $587,726.90
1993 $1,125,809.00
1994 $43,685,420.00
2005 $0.00
2006 $0.00
2007 $0.00
2008 $0.00
2009 $1,205,657,000.00
2010 $1,413,249,000.00
2011 $1,919,476,000.00
2012 $2,113,580,000.00
2013 $1,890,271,000.00
2014 $1,903,971,000.00
2015 $2,046,580,000.00
2016 $1,856,035,000.00
2017 $1,729,884,000.00
2018 $1,427,703,000.00
2019 $1,417,012,000.00
2020 $1,832,039,000.00

Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in Zimbabwe was 10.15 as of 2020. Its highest value over the past 43 years was 13.61 in 2011, while its lowest value was 0.00 in 2005.

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
1977 0.40
1978 0.30
1979 0.37
1980 0.25
1981 0.35
1982 0.39
1983 0.25
1984 0.06
1985 0.01
1986 0.01
1987 0.02
1988 0.02
1989 0.01
1990 0.01
1991 0.00
1992 0.01
1993 0.02
1994 0.63
2005 0.00
2006 0.00
2007 0.00
2008 0.00
2009 12.47
2010 11.74
2011 13.61
2012 12.35
2013 9.90
2014 9.77
2015 10.25
2016 9.03
2017 9.84
2018 7.88
2019 7.35
2020 10.15

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments