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Former Spanish colonies Compared by Economy > Balance of payments > Current account > Transfers > Workers' remittances > Receipts > BoP > Current US$

DEFINITION: Workers' remittances are current transfers by migrants who are employed or intend to remain employed for more than a year in another economy in which they are considered residents. Some developing countries classify workers' remittances as a factor income receipt (and thus as a component of GNI). The World Bank adheres to international guidelines in defining GNI, and its classification of workers' remittances may therefore differ from national practices. This item shows receipts by the reporting country. Data are in current U.S. dollars.".

CONTENTS

# COUNTRY AMOUNT DATE GRAPH HISTORY
1 Mexico $21.18 billion 2009
2 Philippines $15.14 billion 2009
3 Colombia $4.15 billion 2009
4 Guatemala $3.99 billion 2009
5 El Salvador $3.46 billion 2009
6 Dominican Republic $3.04 billion 2009
7 Ecuador $2.50 billion 2009
8 Honduras $2.48 billion 2009
9 Peru $2.38 billion 2009
10 Bolivia $1.02 billion 2009
11 Nicaragua $768.40 million 2009
12 Argentina $567.10 million 2009
13 Costa Rica $488.56 million 2009
14 Paraguay $366.10 million 2009
15 Panama $167.10 million 2009
16 Venezuela $109.00 million 2009
17 Uruguay $100.76 million 2009
=18 Chile 0.0 1994
=18 Equatorial Guinea 0.0 1988

Citation

Former Spanish colonies Compared by Economy > Balance of payments > Current account > Transfers > Workers' remittances > Receipts > BoP > Current US$

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