Remittance Inflows to GDP for Nepal: 27.8459 % as of 01-01-2017

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. Source Code: GFDD.OI.13

TBD
Category, Region, Data Source:

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Stats

Last Value 27.8459 %
Latest Period 2017-01-01
Last Updated 2019-10-21 14:50:03-05
Frequency A
Average Growth Rate 21.97
Long Term Average 14.37
Value from 1 Year Ago 31.2086
Change from 1 Year Ago -10.77
Unit %
Adjustment %

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