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Economy > Balance of payments > Current account > Transfers > Workers' remittances and compensation of employees > Receiv: Countries Compared

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 European UnionEuropean Union $96.46 billion 2009
2 IndiaIndia $49.47 billion 2009
3 ChinaChina $48.73 billion 2009
4 MexicoMexico $21.91 billion 2009
5 PhilippinesPhilippines $19.77 billion 2009
6 FranceFrance $15.55 billion 2009
7 GermanyGermany $10.88 billion 2009
8 BangladeshBangladesh $10.52 billion 2009
9 BelgiumBelgium $10.44 billion 2009
10 SpainSpain $9.90 billion 2009
11 NigeriaNigeria $9.58 billion 2009
12 PolandPoland $8.82 billion 2009
13 PakistanPakistan $8.72 billion 2009
Emerging markets averageEmerging markets average (profile) $8.07 billion 2009
Non-religious countries averageNon-religious countries average (profile) $7.99 billion 2009
14 LebanonLebanon $7.56 billion 2009
15 United KingdomUnited Kingdom $6.85 billion 2009
16 IndonesiaIndonesia $6.79 billion 2009
Group of 7 countries (G7) averageGroup of 7 countries (G7) average (profile) $6.78 billion 2009
17 VietnamVietnam $6.63 billion 2009
18 MoroccoMorocco $6.27 billion 2009
19 Serbia and MontenegroSerbia+ $5.41 billion 2009
20 RussiaRussia $5.36 billion 2009
21 UkraineUkraine $5.07 billion 2009
22 RomaniaRomania $4.93 billion 2009
23 BrazilBrazil $4.23 billion 2009
24 ColombiaColombia $4.18 billion 2009
25 AustraliaAustralia $4.09 billion 2009
26 GuatemalaGuatemala $4.03 billion 2009
Former Spanish colonies averageFormer Spanish colonies average (profile) $3.79 billion 2009
Eurozone averageEurozone average (profile) $3.78 billion 2009
27 NetherlandsNetherlands $3.69 billion 2009
NATO countries averageNATO average (profile) $3.67 billion 2009
28 JordanJordan $3.60 billion 2009
29 PortugalPortugal $3.58 billion 2009
European Union averageEuropean Union average (profile) $3.50 billion 2009
30 El SalvadorEl Salvador $3.48 billion 2009
31 Dominican RepublicDominican Rep. $3.47 billion 2009
High income OECD countries averageHigh income OECD countries average (profile) $3.43 billion 2009
32 Sri LankaSri Lanka $3.36 billion 2009
33 AustriaAustria $3.29 billion 2009
34 SudanSudan $2.99 billion 2009
35 NepalNepal $2.99 billion 2009
36 United StatesUnited States $2.95 billion 2009
Europe averageEurope average (profile) $2.93 billion 2009
Heavily indebted countries averageHeavily indebted countries average (profile) $2.89 billion 2009
37 ItalyItaly $2.68 billion 2009
38 SwitzerlandSwitzerland $2.52 billion 2009
39 HondurasHonduras $2.52 billion 2009
40 EcuadorEcuador $2.50 billion 2009
41 PeruPeru $2.38 billion 2009
Eastern Europe averageEastern Europe average (profile) $2.37 billion 2009
42 HungaryHungary $2.28 billion 2009
43 Bosnia and HerzegovinaBosnia and Herzegovina $2.08 billion 2009
44 AlgeriaAlgeria $2.06 billion 2009
45 GreeceGreece $2.02 billion 2009
46 TunisiaTunisia $1.96 billion 2009
47 JamaicaJamaica $1.91 billion 2009
48 JapanJapan $1.78 billion 2009
Latin America and Caribbean averageLatin America and Caribbean average (profile) $1.77 billion 2009
49 TajikistanTajikistan $1.75 billion 2009
50 KenyaKenya $1.69 billion 2009
51 SlovakiaSlovakia $1.67 billion 2009
52 ThailandThailand $1.64 billion 2009
53 LuxembourgLuxembourg $1.58 billion 2009
54 BulgariaBulgaria $1.56 billion 2009
Former Soviet republics averageFormer Soviet republics average (profile) $1.52 billion 2009
55 CroatiaCroatia $1.48 billion 2009
56 HaitiHaiti $1.38 billion 2009
57 SenegalSenegal $1.36 billion 2009
58 SyriaSyria $1.33 billion 2009
Former French colonies averageFormer French colonies average (profile) $1.33 billion 2009
59 AlbaniaAlbania $1.32 billion 2009
60 AzerbaijanAzerbaijan $1.27 billion 2009
61 IsraelIsrael $1.27 billion 2009
62 MoldovaMoldova $1.21 billion 2009
63 Czech RepublicCzech Republic $1.20 billion 2009
64 LithuaniaLithuania $1.17 billion 2009
65 MalaysiaMalaysia $1.13 billion 2009
66 BoliviaBolivia $1.07 billion 2009
67 KyrgyzstanKyrgyzstan $991.80 million 2009
68 TurkeyTurkey $970.00 million 2009
69 South AfricaSouth Africa $902.26 million 2009
70 DenmarkDenmark $894.26 million 2009
71 FinlandFinland $859.40 million 2009
72 ArmeniaArmenia $769.45 million 2009
73 NicaraguaNicaragua $768.40 million 2009
74 UgandaUganda $749.70 million 2009
75 French PolynesiaFr. Polynesia $728.28 million 2009
76 GeorgiaGeorgia $714.34 million 2009
77 ArgentinaArgentina $658.25 million 2009
78 SwedenSweden $651.52 million 2009
79 NorwayNorway $631.47 million 2009
80 New ZealandNew Zealand $611.12 million 2009
81 LatviaLatvia $591.10 million 2009
82 ParaguayParaguay $579.90 million 2009
83 IrelandIreland $575.68 million 2009
84 Costa RicaCosta Rica $513.09 million 2009
85 New CaledoniaNew Caledonia $509.35 million 2009
86 LesothoLesotho $414.09 million 2009
87 MaliMali $404.67 million 2009
88 BelarusBelarus $357.80 million 2009
89 CambodiaCambodia $337.82 million 2009
90 EstoniaEstonia $324.56 million 2009
91 TogoTogo $306.75 million 2009
92 SloveniaSlovenia $279.08 million 2009
93 EthiopiaEthiopia $261.60 million 2009
94 GuyanaGuyana $253.03 million 2009
95 BeninBenin $242.53 million 2009
96 Saudi ArabiaSaudi Arabia $217.44 million 2009
97 MauritiusMauritius $211.17 million 2009
98 MongoliaMongolia $199.62 million 2009
99 Cote d'IvoireCote d'Ivoire $185.47 million 2009
100 PanamaPanama $175.40 million 2009
101 FijiFiji $153.64 million 2009
102 CyprusCyprus $153.39 million 2009
103 CameroonCameroon $147.58 million 2009
104 Cape VerdeCape Verde $146.16 million 2009
105 BurmaBurma $137.31 million 2009
106 VenezuelaVenezuela $131.00 million 2009
107 SamoaSamoa $124.39 million 2009
108 KazakhstanKazakhstan $123.66 million 2009
109 GhanaGhana $114.46 million 2009
110 BarbadosBarbados $113.26 million 2009
111 MozambiqueMozambique $111.13 million 2009
112 MayotteMayotte $104.00 million 1993
113 UruguayUruguay $100.76 million 2009
114 Burkina FasoBurkina Faso $99.30 million 2009
115 Trinidad and TobagoTrinidad+ $99.30 million 2009
116 SwazilandSwaziland $93.46 million 2009
117 RwandaRwanda $92.62 million 2009
118 NigerNiger $89.14 million 2009
119 BotswanaBotswana $87.86 million 2009
120 TongaTonga $86.81 million 2009
121 BelizeBelize $80.49 million 2009
122 The GambiaThe Gambia $79.80 million 2009
123 IraqIraq $70.90 million 2008
124 GuineaGuinea $63.69 million 2009
125 LiberiaLiberia $54.24 million 2009
126 GrenadaGrenada $53.70 million 2009
127 Sierra LeoneSierra Leone $46.71 million 2009
128 Guinea-BissauGuinea-Bissau $46.69 million 2009
129 MaltaMalta $45.05 million 2009
130 Faroe IslandsFaroe Islands $44.38 million 2003
131 ZimbabweZimbabwe $43.74 million 1994
132 ZambiaZambia $41.26 million 2009
133 Saint Kitts and NevisSt Kitts+ $40.54 million 2009
134 OmanOman $39.01 million 2009
135 LaosLaos $37.58 million 2009
136 Netherlands AntillesN. Antilles $37.48 million 2009
137 DjiboutiDjibouti $32.47 million 2009
138 Saint Vincent and the GrenadinesSt Vincent+ $29.88 million 2009
139 BurundiBurundi $28.23 million 2009
140 Saint LuciaSaint Lucia $27.61 million 2009
141 Antigua and BarbudaAntigua and Barbuda $24.48 million 2009
142 IcelandIceland $23.48 million 2009
143 TanzaniaTanzania $23.29 million 2009
144 DominicaDominica $23.11 million 2009
145 SomaliaSomalia $21.70 million 1983
146 ArubaAruba $19.13 million 2009
147 LibyaLibya $14.38 million 2009
148 Congo, Republic of theCongo, Republic of the $13.67 million 2009
149 NamibiaNamibia $13.61 million 2009
150 SeychellesSeychelles $12.45 million 2009
151 Papua New GuineaPapua NG $12.01 million 2009
152 ComorosComoros $11.35 million 2009
153 GabonGabon $10.34 million 2009
154 MadagascarMadagascar $10.29 million 2009
155 KiribatiKiribati $8.18 million 2009
156 VanuatuVanuatu $6.47 million 2009
157 SurinameSuriname $4.80 million 2009
158 TurkmenistanTurkmenistan $4.42 million 1996
159 ChileChile $4.40 million 2009
160 MaldivesMaldives $3.71 million 2009
161 EritreaEritrea $3.28 million 2000
162 Solomon IslandsSolomon Islands $2.38 million 2009
163 Sao Tome and PrincipeSoa Tome+ $2.00 million 2009
164 MauritaniaMauritania $1.88 million 2009
165 MalawiMalawi $873,950.00 2009
166 ChadChad $724,057.30 1994
167 Equatorial GuineaEqu. Guinea $164,206.00 1996
168 Central African RepublicCentral Africa $158,919.30 1993

Citation

Economy > Balance of payments > Current account > Transfers > Workers' remittances and compensation of employees > Receiv: Countries Compared Map

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Interesting observations about Economy > Balance of payments > Current account > Transfers > Workers' remittances and compensation of employees > Receiv

  • European Union ranked first for balance of payments > current account > transfers > workers' remittances and compensation of employees > receiv globally in 2009.
  • 75 of the bottom 145 countries by balance of payments > current account > transfers > workers' remittances and compensation of employees > receiv are Christian.
  • 15 of the bottom 139 countries by balance of payments > current account > transfers > workers' remittances and compensation of employees > receiv are Former Spanish colonies'.
  • 13 of the bottom 59 countries by balance of payments > current account > transfers > workers' remittances and compensation of employees > receiv are Latin American and Caribbean.
  • 19 of the bottom 116 countries by balance of payments > current account > transfers > workers' remittances and compensation of employees > receiv are Cold countries'.
  • 9 of the bottom 59 countries by balance of payments > current account > transfers > workers' remittances and compensation of employees > receiv are Densely populated.
  • 5 of the bottom 25 countries by balance of payments > current account > transfers > workers' remittances and compensation of employees > receiv are Former British Colonies'.
  • 9 of the bottom 68 countries by balance of payments > current account > transfers > workers' remittances and compensation of employees > receiv are East Asian and Pacific.
  • 11 of the bottom 166 countries by balance of payments > current account > transfers > workers' remittances and compensation of employees > receiv are Non-religious.
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