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Balance of Payments » Current accounts - Personal remittances, received in % of GDP

(%)

Tajikistan is the top country by personal remittances, received (% of GDP) in the world. As of 2016, personal remittances, received (% of GDP) in Tajikistan was 27 %. The top 5 countries also includes Republic of Moldova, Jamaica, El Salvador, and Lesotho.

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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.