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High income OECD countries Compared by Economy > Balance of payments > Current account > Transfers > Workers' remittances and compensation of employees > Receiv

DEFINITION: Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year. Data are in current U.S. dollars.".

CONTENTS

# COUNTRY AMOUNT DATE GRAPH HISTORY
1 France $15.55 billion 2009
2 Germany $10.88 billion 2009
3 Belgium $10.44 billion 2009
4 Spain $9.90 billion 2009
5 Poland $8.82 billion 2009
6 United Kingdom $6.85 billion 2009
7 Australia $4.09 billion 2009
8 Netherlands $3.69 billion 2009
9 Portugal $3.58 billion 2009
10 Austria $3.29 billion 2009
11 United States $2.95 billion 2009
12 Italy $2.68 billion 2009
13 Switzerland $2.52 billion 2009
14 Greece $2.02 billion 2009
15 Japan $1.78 billion 2009
16 Slovakia $1.67 billion 2009
17 Luxembourg $1.58 billion 2009
18 Israel $1.27 billion 2009
19 Czech Republic $1.20 billion 2009
20 Denmark $894.26 million 2009
21 Finland $859.40 million 2009
22 Sweden $651.52 million 2009
23 Norway $631.47 million 2009
24 New Zealand $611.12 million 2009
25 Ireland $575.68 million 2009
26 Estonia $324.56 million 2009
27 Slovenia $279.08 million 2009
28 Iceland $23.48 million 2009
29 Chile $4.40 million 2009

Citation

"Countries Compared by Economy > Balance of payments > Current account > Transfers > Workers' remittances and compensation of employees > Receiv. International Statistics at NationMaster.com", World Bank staff estimates based on IMF balance of payments data. Aggregates compiled by NationMaster. Retrieved from http://www.nationmaster.com/country-info/group-stats/High-income-OECD-countries/Economy/Balance-of-payments/Current-account/Transfers/Workers'-remittances-and-compensation-of-employees/Receiv

High income OECD countries Compared by Economy > Balance of payments > Current account > Transfers > Workers' remittances and compensation of employees > Receiv

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