Antigua and Barbuda - Workers' remittances and compensation of employees

Personal remittances, paid (current US$)

The value for Personal remittances, paid (current US$) in Antigua and Barbuda was $44,829,220 as of 2020. As the graph below shows, over the past 34 years this indicator reached a maximum value of $55,445,390 in 2017 and a minimum value of $1,085,185 in 1998.

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. Data are in current U.S. dollars.

Source: World Bank staff estimates based on IMF balance of payments data.

See also:

Year Value
1986 $11,148,150
1987 $10,925,930
1988 $4,314,815
1989 $9,474,074
1990 $6,311,111
1991 $7,867,902
1992 $9,424,691
1993 $10,981,480
1994 $8,396,296
1995 $7,859,260
1996 $2,051,852
1997 $1,111,111
1998 $1,085,185
1999 $1,581,852
2000 $1,558,148
2001 $1,564,445
2002 $1,411,482
2003 $1,489,293
2004 $1,566,737
2005 $1,670,141
2006 $1,837,155
2007 $2,131,100
2008 $2,367,652
2009 $2,122,363
2010 $2,066,960
2011 $2,047,116
2012 $2,157,661
2013 $2,222,448
2014 $52,088,360
2015 $52,822,640
2016 $54,742,930
2017 $55,445,390
2018 $54,174,270
2019 $47,772,730
2020 $44,829,220

Personal remittances, received (current US$)

The value for Personal remittances, received (current US$) in Antigua and Barbuda was $36,331,450 as of 2020. As the graph below shows, over the past 34 years this indicator reached a maximum value of $36,955,430 in 2019 and a minimum value of $2,714,815 in 1992.

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. Data are in current U.S. dollars.

Source: World Bank staff estimates based on IMF balance of payments data.

See also:

Year Value
1986 $11,185,190
1987 $11,744,450
1988 $12,337,040
1989 $13,196,300
1990 $12,533,330
1991 $3,048,148
1992 $2,714,815
1993 $11,629,630
1994 $11,948,150
1995 $3,333,333
1996 $8,940,741
1997 $9,537,037
1998 $18,755,560
1999 $18,394,440
2000 $17,342,960
2001 $23,676,670
2002 $14,242,170
2003 $16,372,240
2004 $17,601,630
2005 $18,305,490
2006 $19,325,720
2007 $20,783,290
2008 $21,828,400
2009 $20,658,720
2010 $20,197,670
2011 $20,292,610
2012 $20,856,220
2013 $21,127,350
2014 $32,078,220
2015 $31,244,410
2016 $26,705,680
2017 $24,020,040
2018 $32,768,270
2019 $36,955,430
2020 $36,331,450

Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in Antigua and Barbuda was 2.65 as of 2020. Its highest value over the past 34 years was 3.85 in 1986, while its lowest value was 0.54 in 1992.

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
1986 3.85
1987 3.48
1988 3.09
1989 3.01
1990 2.73
1991 0.63
1992 0.54
1993 2.17
1994 2.03
1995 0.58
1996 1.41
1997 1.40
1998 2.58
1999 2.40
2000 2.10
2001 2.96
2002 1.75
2003 1.91
2004 1.91
2005 1.79
2006 1.67
2007 1.58
2008 1.59
2009 1.68
2010 1.76
2011 1.78
2012 1.74
2013 1.79
2014 2.57
2015 2.34
2016 1.86
2017 1.64
2018 2.04
2019 2.19
2020 2.65

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments