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Latin America and Caribbean Compared by Labor > Workers' remittances and compensation of employees > Received > US$

DEFINITION: Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. WorkersÂ’ remittances are classified as current private transfers from migrant workers who are residents of the host country to recipients in their country of origin. They include only transfers made by workers who have been living in the host country for more than a year, irrespective of their immigration status. Compensation of employees is the income of migrants who have lived in the host country for less than a year. MigrantsÂ’ 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.

CONTENTS

# COUNTRY AMOUNT DATE GRAPH HISTORY
1 Mexico 21.77 billion$ 2005
2 Brazil 3.54 billion$ 2005
3 Colombia 3.35 billion$ 2005
4 Guatemala 3.03 billion$ 2005
5 El Salvador 2.84 billion$ 2005
6 Dominican Republic 2.72 billion$ 2005
7 Ecuador 2.04 billion$ 2005
8 Honduras 1.8 billion$ 2005
9 Jamaica 1.78 billion$ 2005
10 Peru 1.44 billion$ 2005
11 Haiti 985 million$ 2005
12 Nicaragua 600 million$ 2005
13 Costa Rica 421 million$ 2005
14 Argentina 413 million$ 2005
15 Bolivia 338 million$ 2005
16 Paraguay 268 million$ 2005
17 Guyana 201 million$ 2005
18 Venezuela 148 million$ 2005
19 Barbados 140 million$ 2005
20 Panama 126 million$ 2005
21 Trinidad and Tobago 87 million$ 2005
22 Uruguay 78 million$ 2005
23 Belize 46 million$ 2005
24 Grenada 22 million$ 2005
25 Aruba 12 million$ 2005
26 Antigua and Barbuda 9 million$ 2005
27 Saint Vincent and the Grenadines 5 million$ 2005
=28 Dominica 4 million$ 2005
=28 Suriname 4 million$ 2005
=30 Saint Kitts and Nevis 3 million$ 2005
=30 Chile 3 million$ 2005
32 Saint Lucia 2 million$ 2005

Citation

Latin America and Caribbean Compared by Labor > Workers' remittances and compensation of employees > Received > US$

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