Argentina - Workers' remittances and compensation of employees

Personal remittances, paid (current US$)

The value for Personal remittances, paid (current US$) in Argentina was $545,151,600 as of 2020. As the graph below shows, over the past 42 years this indicator reached a maximum value of $1,137,054,000 in 2011 and a minimum value of $16,000,000 in 1978.

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
1978 $16,000,000
1979 $28,000,000
1980 $36,000,000
1981 $27,000,000
1982 $18,000,000
1983 $19,000,000
1984 $22,000,000
1985 $18,000,000
1986 $20,000,000
1987 $21,000,000
1988 $45,360,000
1989 $69,720,000
1990 $94,080,000
1991 $118,440,000
1992 $142,800,000
1993 $163,100,000
1994 $176,600,000
1995 $195,200,000
1996 $207,300,000
1997 $231,700,000
1998 $246,500,000
1999 $250,300,000
2000 $267,700,000
2001 $256,100,000
2002 $119,550,000
2003 $180,410,000
2004 $234,470,000
2005 $314,010,000
2006 $356,443,600
2007 $463,192,100
2008 $631,436,100
2009 $766,571,500
2010 $1,037,765,000
2011 $1,137,054,000
2012 $979,206,000
2013 $887,803,500
2014 $732,414,500
2015 $685,001,300
2016 $769,242,000
2017 $1,060,485,000
2018 $1,010,376,000
2019 $694,899,100
2020 $545,151,600

Personal remittances, received (current US$)

The value for Personal remittances, received (current US$) in Argentina was $630,973,900 as of 2020. As the graph below shows, over the past 42 years this indicator reached a maximum value of $705,144,400 in 2008 and a minimum value of $15,400,000 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
1978 $26,000,000
1979 $42,000,000
1980 $56,000,000
1981 $42,000,000
1982 $28,000,000
1983 $28,000,000
1984 $32,000,000
1985 $27,000,000
1986 $32,000,000
1987 $34,000,000
1988 $30,280,000
1989 $26,560,000
1990 $22,840,000
1991 $19,120,000
1992 $15,400,000
1993 $57,700,000
1994 $62,400,000
1995 $63,600,000
1996 $65,000,000
1997 $65,700,000
1998 $68,500,000
1999 $64,300,000
2000 $86,343,660
2001 $189,600,000
2002 $206,630,000
2003 $273,420,000
2004 $311,780,000
2005 $432,090,000
2006 $540,635,500
2007 $606,498,900
2008 $705,144,400
2009 $628,542,400
2010 $644,300,700
2011 $697,379,600
2012 $577,533,000
2013 $535,004,400
2014 $505,346,900
2015 $494,433,500
2016 $391,579,000
2017 $479,937,500
2018 $522,441,500
2019 $541,741,900
2020 $630,973,900

Personal remittances, received (% of GDP)

Personal remittances, received (% of GDP) in Argentina was 0.162 as of 2020. Its highest value over the past 42 years was 0.232 in 2006, while its lowest value was 0.007 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
1978 0.045
1979 0.061
1980 0.073
1981 0.053
1982 0.033
1983 0.027
1984 0.040
1985 0.031
1986 0.029
1987 0.031
1988 0.024
1989 0.035
1990 0.016
1991 0.010
1992 0.007
1993 0.024
1994 0.024
1995 0.025
1996 0.024
1997 0.022
1998 0.023
1999 0.023
2000 0.030
2001 0.071
2002 0.211
2003 0.214
2004 0.189
2005 0.217
2006 0.232
2007 0.211
2008 0.195
2009 0.189
2010 0.152
2011 0.132
2012 0.106
2013 0.097
2014 0.096
2015 0.083
2016 0.070
2017 0.075
2018 0.100
2019 0.120
2020 0.162

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Balance of payments