Cameroon - Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in Cameroon was 0.819 as of 2020. Its highest value over the past 41 years was 0.896 in 2019, while its lowest value was 0.059 in 1979.

Definition: 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.

Source: World Bank staff estimates based on IMF balance of payments data, and World Bank and OECD GDP estimates.

See also:

Year Value
1979 0.059
1980 0.440
1981 0.434
1982 0.288
1983 0.408
1984 0.203
1985 0.143
1986 0.200
1987 0.098
1988 0.101
1989 0.296
1990 0.187
1991 0.062
1992 0.207
1993 0.126
1994 0.128
1995 0.103
1996 0.121
1997 0.126
1998 0.200
1999 0.133
2000 0.209
2001 0.154
2002 0.237
2003 0.472
2004 0.549
2005 0.395
2006 0.622
2007 0.700
2008 0.587
2009 0.663
2010 0.418
2011 0.717
2012 0.698
2013 0.724
2014 0.779
2015 0.750
2016 0.795
2017 0.878
2018 0.834
2019 0.896
2020 0.819

Aggregation method: Weighted average

Periodicity: Annual

General Comments: Note: Data starting from 2005 are based on the sixth edition of the IMF's Balance of Payments Manual (BPM6).

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments